Scaffold Equipment manufactures and sells scaffolds and ladders that are used by construction firms. The products are
Question:
a. Describe the steps in the risk management process.
b. For each of the following risk management techniques, describe a specific action using that technique that may be helpful in dealing with the company's products liability exposure.
1. Avoidance
2. Loss prevention
3. Loss reduction
4. Noninsurance transfers
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Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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