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Which of the Following Risks Deals with the Possibility That

question 150

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Which of the following risks deals with the possibility that bad management,unsuccessful products,or other factors will cause the firm to be less profitable than originally anticipated?


Definitions:

Cent

The smallest unit of currency in many countries, equal to 1/100 of the base unit.

Insurance Broker

A professional intermediary who advises individuals and businesses on insurance needs and negotiates insurance contracts on their behalf with insurers.

Annual Premiums

Regular payments made yearly to keep an insurance policy active.

Renewals

The process of extending the period of validity of an agreement, policy, or subscription, often with updated terms or rates.

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