A firm can reduce risk by gaining control over the operating environment. Which of the following is an example?
A) Using general purpose assets.
B) Hedging through a futures contract.
C) Increasing the customer base.
D) Using patents and copyrights.

Question

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The Answer of A firm can reduce risk by gaining control over the operating environment. Which of the following is an example?
A) Using general purpose assets.
B) Hedging through a futures contract.
C) Increasing the customer base.
D) Using patents and copyrights.

A Firm Can Reduce Risk by Gaining Control Over the Operating