
Principles of Risk Management and Insurance 13th Edition by George Rejda,Michael McNamara
Edition 13ISBN: 978-0134082578
Principles of Risk Management and Insurance 13th Edition by George Rejda,Michael McNamara
Edition 13ISBN: 978-0134082578 Exercise 5
Explain the meaning of risk control.
b. Explain the following risk-control techniques.
1. Avoidance
2. Loss prevention
3. Loss reduction
4. Duplication
5. Separation
6. Diversification
b. Explain the following risk-control techniques.
1. Avoidance
2. Loss prevention
3. Loss reduction
4. Duplication
5. Separation
6. Diversification
Explanation
Risk management is the process of contro...
Principles of Risk Management and Insurance 13th Edition by George Rejda,Michael McNamara
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