________ Is One of the Most Common Methods to Reduce

question 65

Multiple Choice

________ is one of the most common methods to reduce the risks related to business liability,business interruption,or loss of key personnel.

• A)Management
• B)Hedging
• C)Insurance
• D)Diversification
• E)Working capital management

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Definitions:

Eastern Perspectives

Refers to philosophical, religious, and cultural viewpoints and practices originated or developed in East Asia, South Asia, and Southeast Asia.

Power Distance

is a cultural dimension that describes the degree to which less powerful members of a society accept and expect power to be distributed unequally.

Unequal Power

A situation or relationship where power is distributed unevenly among individuals or groups, often leading to domination and subordination.

Communal Sharing

A form of social relationship where members of a group emphasize their common identity and treat each other’s resources and welfare as common.