Which of the following would strongly support a business strategy for managing risks uniquely associated with commitments made by employees to suppliers or customers?
A) Identify a knowledgeable individual to be risk department manager.
B) Retain legal counsel to act as in-house counsel to the business.
C) Establish policies and financial limits for commitments to customers.
D) Deal with each risk and assign responsibility for each action.
Correct Answer:
Verified
Q35: After several interviews and calls to follow
Q36: How does the management of a legal
Q37: Which of the following is the term
Q38: Flow Pump Manufacturing wants to reduce costs
Q39: A trucking company owns a fleet of
Q41: Risk reduction involves introducing policies,practices,and procedures to
Q42: Identifying legal risks may require an organization
Q43: Requiring employees to wear protective equipment is
Q44: Insurance policies covering business risks will provide
Q45: A limitation of liability clause in a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents