Risk assumption occurs when you believe the cost of the loss you might incur is less than the
cost of risk avoidance or risk transfer.
Indicate whether the statement is true or false
TRUE
You might also like to view...
Answer the following statements true (T) or false (F)
1. A change agent is a behavioral sciences consultant who helps organizations deal with old problems in new ways. 2. One of the primary situations in which OD is used is when adapting to mergers. 3. Even when it comes to technology-induced change, OD can be helped by opening communication and dealing with stress. 4. The three steps of the OD process are diagnosis, experimentation, and adaptation.
A supervisor notices than an employee has been late to work for three days this week. What is the BEST way for the supervisor do to foster open communication?
a. Call the employee to ask him or her about the lateness. b. Write the employee a disciplinary memorandum about the lateness. c. Meet with the employee face-to-face to discuss the lateness. d. Send the employee an email message about his or her lateness.
Jason is pursuing a focused differentiation strategy for his startup business. How will technology (IT) affect his small company's competitiveness against larger and more powerful companies?
What will be an ideal response?
What is the general relationship between the absolute values of APR and EAR for an investment?
What will be an ideal response?