Firestone and Ford Recalled Thousands of Tires When Several People

question 40

Multiple Choice

Firestone and Ford recalled thousands of tires when several people died in traffic accidents blamed on faulty tires. This is an example of which of the following?

• A) Avoiding the risk
• B) Self-insuring against the risk
• C) Reducing the risk
• D) A loss-prevention program

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Definitions:

Pioneering Product

The first of its kind product introduced into the market, which opens up a new category for consumers and typically enjoys a temporary monopoly.

Informational

Pertaining to or providing useful or important information or data.

Unlimited Talk

A telecommunications plan feature that allows users to make as many calls as they like for a fixed rate.

Pioneering Advertisements

The first advertisements introduced to the market with the aim of building brand awareness and educating potential customers about new products or services.