Modern Risk Management

question 65

Multiple Choice

Modern risk management:

• A) Focuses primarily on easily-insured losses such as those from fires or theft
• B) Deals with the use of derivatives to hedge various risks
• C) Has evolved to cover more sophisticated risk reduction, including that which may arise from changes in interest rates and the prices of commodities and currencies
• D) Both (b) and (c)
• E) None of the above

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Definitions:

Spread

The act or process of extending, widening, or distributing something over a wider area or among a large number of people.

Malaria

A life-threatening disease caused by parasites transmitted to humans through the bites of infected Anopheles mosquitoes, characterized by fever, chills, and flu-like illness.

Global Climate Change

The significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years, attributed largely to human activity.

Epidemiologists

Public health professionals who study the incidence, distribution, and potential control of diseases and other factors relating to health.