Risk Reduction by Itself Is Usually a Means to Create

question 57

True/False

Risk reduction by itself is usually a means to create shareholder value, regardless of the overall diversification strategy of the firm.

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Definitions:

Justice

A principle or concept of moral rightness based on ethics, law, fairness, and equity that also seeks punishment for those who breach these ideals.

Utilitarianism

An ethical theory that determines right from wrong by focusing on outcomes and the greatest happiness for the greatest number of people.

Immunization Injections

Procedures involving the introduction of vaccines into the body to induce immunity against specific diseases.

Duty Ethics

An ethical framework that emphasizes the importance of following a set of prescribed moral rules and duties in determining right action.