Which of the Following Risk Strategies Is Represented by the Purchase

question 62

Multiple Choice

Which of the following risk strategies is represented by the purchase of insurance?

• A) Mitigate
• B) Accept
• C) Transfer
• D) Avoid

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Definitions:

Job Satisfaction

The level of contentment or happiness that an individual derives from their job, influenced by factors such as work environment, compensation, and recognition.

Job Performance

The extent to which an individual executes their job duties and responsibilities effectively.

Positive Emotions

Feelings that are generally considered beneficial for well-being and happiness, such as joy, gratitude, and contentment.

Tolerate Pain

The ability or capacity to endure discomfort or suffering.