a)Explain four methods of handling business risks.
Answers
Answered by
3
Explanation:
- Risk Control. avoidance. loss control.
- Risk Financing. retention. noninsurance transfers. insurance.
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1
Explanation:
The basic methods for risk management—avoidance, retention, sharing, transferring, and loss prevention and reduction—can apply to all facets of an individual's life and can pay off in the long run
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