Question: a Briefly explain each of the following risk control techniques for

a. Briefly explain each of the following risk-control techniques for managing risk:
1. Avoidance
2. Loss prevention
3. Loss reduction
b. Briefly explain each of the following risk-financing techniques for managing risk:
1. Retention
2. Noninsurance transfers
3. Insurance


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  • CreatedJanuary 30, 2015
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