Which of the Following Represents an Uninsurable Risk to a Business

question 15

Multiple Choice

Which of the following represents an uninsurable risk to a business firm?

• A)the possibility that its warehouse will burn down
• B)the possibility that several of its workers will be injured at work
• C)the possibility that an adverse change in consumer tastes will decrease the demand for the firm's product
• D)the possibility that a tornado will damage the plant and stop production for a month

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Definitions:

Maintaining Harmony

The act of keeping relationships or environments peaceful and cooperative.

Critically Thinking

The process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach an answer or conclusion.

Storming Stage

A phase in group development characterized by conflict and competition as members assert their opinions and vie for positions within the group.

Resistance

Opposition to change, often stemming from fear, discomfort, or perceived threats to status or autonomy.