Floater Policies Are Used to Insure

question 44

Multiple Choice

Floater policies are used to insure:

• A) property that is not waterproof
• B) property that is easily and frequently moved
• C) property that can't be covered by any other type of insurance
• D) small boats, canoes, rafts, etc

---

Definitions:

Environment of Uncertainty

Circumstances or situations where the outcomes, risks, or effects are unpredictable and lack clarity.

Action Alternatives

Refers to different strategies or courses of action that an organization or individual might choose to address a particular problem or situation.

Cognitive Styles

The ways individuals deal with information while making decisions.

Higher-level Managers

Managers who operate at the top echelons of an organization, focusing on strategic decision-making and organizational direction.