What are the main considerations in determining the proper mix of retention and transfer in handling potential loss exposures?

What will be an ideal response?


The main considerations in making the transfer/retention decision include 1 ) tax implications, 2 ) the ability to pay for losses as they occur, 3 ) psychological factors of the managers making the decisions as well as the stock holder expectations, and 4 ) social and ethical concerns.

Business

You might also like to view...

One significant area where value engineering has produced impressive results is with regard to ______.

A. reducing costs of inputs into a product B. the information technology in product manufacture C. analyzing the market to ensure customers receive value D. reducing the cost of reverse logistics

Business

Typically, advertising and other marketing activities do not have a cumulative effect on consumer attitudes toward a brand

Indicate whether the statement is true or false

Business

In Zaleznik’s typology of followers, follower behaviors can be charted along which two scales?

A. dominant-submissive and active-passive B. competent-incompetent and committed-uncommitted C. task-technical and relationship-adaptive D. critical-uncritical and supportive-unsupportive

Business

Operating people and purchasing agents make decisions regarding the purchase of accessories.

Answer the following statement true (T) or false (F)

Business