Each of the Following Is a Benefit of Practicing Risk

question 13

Multiple Choice

Each of the following is a benefit of practicing risk management by companies except

• A)companies can manage risk better than their shareholders
• B)risk management can avoid bankruptcy costs
• C)risk management can lower taxes
• D)risk management can increase employment opportunities
• E)risk management can help prevent companies from passing up valuable investment opportunities

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Definitions:

Illegal Immigrants

People who enter or reside in a country without the necessary legal permissions or who overstayed their visas.

Economic Strategies

Plans or policies implemented by governments or businesses to influence and guide the economy towards desired goals such as growth, stability, or equity.

Tariffs

Taxes imposed on imported or, less commonly, exported goods to regulate trade and revenue.