DeToya Blackburn, owner of DeTo Black Music Supplies, Inc., has had her business up and running for just nine months. A large fire a few blocks away destroyed two small businesses and has made DeToya more concerned about the risk she endures with her own business. DeToya's inventory of musical instruments, sheet music, and repair tools for proper instrument repair could all be destroyed if a similar disaster were to occur in her own business. Due to the DeToya's reliance on the income that the shop generates and the risk associated with potential disaster, she has contacted Tom Sanders, an insurance agent, about insuring DeTo Black Music Supplies from a disaster such as fire. What type of risk would DeToya suffer if her business caught fire?
A. Pure
B. Managed
C. Speculative
D. Shifted
Answer: A
You might also like to view...
The computed upper deviation rate is:
A. the sum of the sample deviation rate and an appropriate allowance for sampling risk. B. a point estimate of the population deviation rate. C. the maximum rate of deviations that the auditor is willing to accept before deciding not to rely on the control. D. the rate of deviations that the auditor expects to occur in the population.
Which university research included a two-dimensional view of leadership behavior including initiating structure and consideration?
A. Arizona State University B. University of Michigan C. University of Oregon D. Ohio State University
When pitching a story idea, never believe
A) a connector could be sincerely interested in your story. B) that non-media connectors are nearly as effective communicators as traditional media. C) that public relations can do a better job than advertising. D) anything you say is off the record. E) you are different than anyone else with a message to send.
Answer the following statement(s) true (T) or false (F)
1. In global companies the central corporate office still has the dominant decision-making power. 2. Soliciting input from employees with different backgrounds and life experiences positively impact the companies external outputs and internal processes. 3. Women migrate autonomously in far less numbers than men. 4. Global legislative trends banning discrimination have required employers to provide designated groups a competitive advantage when seeking jobs. 5. Unbalanced fertility rates in different regions of the world are projected to create unprecedented workforce tensions.