Barb,who Is Self-Employed,is the Main Breadwinner for Her Family

question 3

Multiple Choice

Barb,who is self-employed,is the main breadwinner for her family.Barb does not have disability income insurance because she has never stopped to consider the impact of a long-term disability upon her family.Barb's treatment of the risk of disability is best described as

• A)risk transfer.
• B)passive retention.
• C)risk avoidance.
• D)active retention.

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Definitions:

Frederick W. Taylor

A pioneering engineer and management consultant best known for his principles on scientific management, aiming to improve industrial efficiency.

Management Theory

A collection of ideas and principles that prescribe the management of an organization, including how to plan, organize, lead, and control operations.

Myers-Briggs-Type Indicator

A personality assessment tool that categorizes people into 16 distinct personality types based on preferences in how they perceive the world and make decisions.

Human Personalities

The combination of emotional, attitudinal, and behavioral response patterns that define an individual's character and ways of interacting with the world.