In Reviewing His Company's Operations,a Risk Manager Noticed That All

question 9

Multiple Choice

In reviewing his company's operations,a risk manager noticed that all of the company's finished goods were stored in a single warehouse.The risk manager recommended that the finished goods be divided among three warehouses to prevent all of the finished goods from being destroyed by the same peril.Dividing the finished goods among three warehouses illustrates

• A)duplication.
• B)separation.
• C)insurance.
• D)noninsurance transfer.

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Definitions:

Learned Behaviour

Behavior that an organism acquires through experience, as opposed to behaviors that are instinctive or innate.

Unlearned Behaviour

An innate or instinctive behavior that occurs without the need for learning or prior experience.

Systematic Desensitization

A therapy technique used to treat phobias and anxiety disorders by gradually exposing the patient to the feared object or context without any danger.

Dog Phobia

An intense, irrational fear of dogs, often leading to avoidance behavior.