Dontally Imports Inc

question 48

Multiple Choice

Dontally Imports Inc.has an expiring contract that the overseas supplier is anxious to renew.However,supplier shortages caused difficulties for Dontally.Recently,it was able to secure a reliable,alternate source to meet its obligations to its large merchant customers.Which of the following actions should the legal risk department recommend regarding expiring contracts?

• A) reduce the risk
• B) eliminate the risk
• C) transfer the risk
• D) retain the risk

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Definitions:

Too Much Pressure

Describes situations where an individual or system is subjected to stress or demands exceeding their capacity to handle, leading to potential negative outcomes.

Sources of Satisfaction

These are factors or elements within a job or work environment that contribute to an employee's job satisfaction, including aspects like pay, work-life balance, recognition, and opportunities for growth.

Workplace Fatalities

Deaths that occur in the course of employment, often due to accidents or occupational hazards.

Business Services

Services that support businesses in various fields, including marketing, management, maintenance, and logistics.