Which of the Following Steps Would Help Decrease Business Risks

question 11

Multiple Choice

Which of the following steps would help decrease business risks?

• A) Making specific plans for and arrangements to deal with foreseeable events
• B) Assuming employees will follow basic workplace etiquettes without a written code of conduct
• C) Ensuring employees have easy access to valuable assets
• D) Having separate codes of conduct for employees at different tiers of the management

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Definitions:

Knowledge

Information, understanding, or skill obtained through experience or education.

Marketing Decisions

Choices made by businesses related to the promotion, pricing, distribution, and development of products or services to fulfill customer needs and achieve company objectives.

Ethical Relationships

Relations governed by moral principles, ensuring fairness, honesty, and respect among all parties involved.

Legal Relationships

Legal relationships refer to the formally defined connections between parties as governed by the laws and regulations of a particular jurisdiction, often pertaining to obligations, rights, and contracts.