Examlex
Which of the following is a passive risk- management technique?
Economic Grounds
The basis for decisions or actions taken to improve financial conditions or stability.
Cost-Benefit Analysis
A methodical strategy for assessing the advantages and disadvantages of various options to identify the most effective method for realizing benefits while conserving resources.
Marginal Cost
The extra cost incurred by producing one more unit of a product or service.
Marginal Benefit
The extra value or contentment obtained when one more unit of a good or service is consumed or produced.
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