Perhaps the Most Striking Fact About Natural Disasters in Relation

question 40

Multiple Choice

Perhaps the most striking fact about natural disasters in relation to AIS controls is that

• A)many companies in one location can be seriously affected at one time by a disaster.
• B)losses are absolutely unpreventable.
• C)there are a large number of major disasters every year.
• D)disaster planning has largely been ignored in the literature.

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Definitions:

Geographical Adjustments

Modifications or changes in prices, products, or marketing strategies to accommodate specific geographic locations and cultural preferences.

Quantity Discount

A reduction in price offered by sellers to buyers who purchase large volumes, aimed at incentivizing bulk orders.

Everyday Low Pricing

A pricing strategy where companies consistently offer products at a low price rather than relying on sales or discounts.

Trade-In Allowance

The discount or amount credited to a buyer when they trade in an old item towards the purchase of a new item.