Which of the Following Methods of Risk Management Is a Business

question 213

Short Answer

Which of the following methods of risk management is a business firm practising when it chooses to terminate its delivery system to avoid the risk of physical damage or injury?
Risk shift
Risk control
Risk transfer
Risk avoidance
Risk retention

---

Definitions:

Teenagers

Individuals typically between the ages of 13 and 19, characterized by rapid physical, emotional, and social development during the transition from childhood to adulthood.

High School

An educational institution that typically includes grades 9 through 12, focused on preparing teenagers for college, vocational training, or the workforce.

Shared Interests

Common activities, goals, or passions that create a bond between individuals or groups.

Crowd Membership

Affiliation with a larger, loosely organized group of individuals who share similar characteristics or interests.