________ is one of the most common methods to reduce the risks related to business liability,business interruption,or loss of key personnel.
A)Management
B)Hedging
C)Insurance
D)Diversification
E)Working capital management

Question

Quizplus · Accepted Answer

Insurance is specifically designed to reduce financial risks related to business liability, business interruption, or loss of key personnel. It provides a safety net for businesses by transferring the risk to an insurance company in exchange for premium payments. It is one of the most common and effective methods of risk management for businesses.

________ Is One of the Most Common Methods to Reduce