To Cover the Costs That Result If Some Aspect of the Business

question 14

Multiple Choice

To cover the costs that result if some aspect of the business causes harm to a third party or someone else's property,a firm would purchase:

• A)business interruption insurance.
• B)property insurance.
• C)business liability insurance.
• D)key personnel insurance.

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Definitions:

Order Cycle

The complete process or timeframe from the moment an order is placed until it is delivered, including order processing, manufacturing, and shipping stages.

Prints Tickets

The process of producing tickets for events, transportation, or other purposes, typically involving specialized printing technology.

Warehouse Workers

Individuals employed in a warehouse to handle tasks such as stocking, order picking, and packing, ensuring the smooth flow of goods.

Customer Information

Data and insights related to customers, including demographics, purchase history, behavior patterns, and preferences, used by businesses to tailor products, services, and marketing efforts.