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When a Business Creates a Subsidiary to Handle the Risk

question 43

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When a business creates a subsidiary to handle the risk exposures, the business creates a captive.


Definitions:

Competitiveness

The ability of individuals or organizations to compete in a market, characterized by aggressive efforts to offer better goods, services, or conditions.

Female-Male Earnings Ratio

A statistical measure comparing the average earnings of women to those of men within a specific context or employment sector.

Women's Earnings

The average income of women in the workforce, often discussed in the context of the gender wage gap compared to men's earnings.

Gender Discrimination

Unfair treatment or consideration of individuals based on their gender.

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