Question: Avoidance is a risk-control technique that can be used effectively in a risk management program. a. What is the major advantage of using the technique

Avoidance is a risk-control technique that can be used effectively in a risk management program.
a. What is the major advantage of using the technique of avoidance in a risk management program?
b. Is it possible or practical for a firm to avoid all potential losses? Explain your answer.

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