As a Rule, Only _____ Risk Is Insurable

question 93

Multiple Choice

As a rule, only _____ risk is insurable.

• A) business
• B) market
• C) pure
• D) credit

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Definitions:

Organization's Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business or institution.

Lack Of Resources

A situation where the necessary tools, materials, or assets are not available, potentially hindering achievement or progress.

Modified Routines

Adjustments or changes made to standard practices or procedures to improve efficiency, accommodate new conditions, or address emerging problems.

Hyper-Turbulent

Hyper-Turbulent describes situations or environments characterized by extremely high levels of change, unpredictability, and complexity.