risk management techniques to manage risks

1.Answer is widely used by corporations in providing healthcare benefits to their employees up to a specified retention limit.

2.Construction workers who are ignorance of the risks that they could become permanently disabled have unknowingly assumed the practice of Answer

3.Trading futures contracts to manage commodity price risk is a risk management technique Answer risk transfer.

4.A publisher may insert aAnswerclause in a contract to hold the author legally liable if the publisher is sued for plagiarism

5.Answeris a risk management technique that transfers the risk of unfavorable price fluctuations to a speculator by trading futures contracts on an organized exchange.

6.Applying first-aids to an injured worker while waiting for an ambulance to send him to hospital is a risk management technique called Answer

7.Taking immediate action to repair the damaged pillars that could cause the collapse of the entire roof of the building after a fire has happened is a risk management technique calledAnswer

8.The premium for the coming period of anAnswerpolicy is based on the past loss experience of the policy

9.Backing up the records of account receivables is a risk management technique calledAnswer

10.Which technique is best used to manage risks of low loss frequency and high loss severity? Answer

11.Storing finished goods in two warehouses in different locations is a risk management technique calledAnswer

12.Domino theory adoptsAnswer approach to manage accident.

13.Which technique is best used to manage risks of low loss severity?

14.Having a diverse base of domestic and foreign customers is a risk management technique calledAnswer

15.Installing smoke detectors in the building is a risk management technique calledAnswer

16.Using fire-resistant materials to build a business complex is a risk management technique calledAnswer

17.Building two smaller factors, not one big factory is a risk management technique Answer

18.Which technique is best used to manage risks of high loss severity?

19.Energy release theory adoptsAnswer approach to manage accident.

20.Obtaining supply of raw materials from different suppliers is a risk management technique calledAnswer

21.The emphasis of domino theory is on the philosophy of loss Answer

22.Which technique is best used to manage risks of high loss frequency and high loss severity?Answer

23.Which technique is best used to manage risks of high loss frequency?Answer

24.Removing undamaged inventories from a burnt warehouse is a risk management technique calledAnswer

25.Providing immediate medical treatments to workers who suffered injuries while working at the work place is a risk management technique Answer

26.emphasis of energy release theory is on the philosophy of lossAnswer

27.Requiring double-passwords to access computer network is a risk management technique called lossAnswer

28.Having a few units of power generators as standby facility to manage the possibility of power failure is a risk management technique calledAnswer

29.Strengthening the packaging of non-prescription drugs to make them child-resistant is a risk management technique Answer