Match the Term with Its Definition

question 44

Multiple Choice

Match the term with its definition.
-Coverage that reimburses a business for the loss of anticipated income following the interruption of business operations

• A)business interruption insurance
• B)funds transfer fraud
• C)indemnification clause
• D)key-person life insurance
• E)personnel risks
• F)reasonable (prudent person) standard
• G)torts
• H)workers' compensation insurance
• I)workers' compensation legislation

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Definitions:

Change Management

The process, tools, and techniques used to manage the people-side of change to achieve a required business outcome.

Strategic Decisions

High-level choices made by an organization's leaders concerning overall direction and long-term goals, often involving significant resources and risk.

Supply-Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.

Consumer Electronics

Electronic equipment intended for everyday use by individuals, including devices like smartphones, televisions, and computers.