International Foods Corporation insures its real and personal property,as well as the lives of its key employees,to protect its financial interest should some event undermine its security.This is

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International Foods Corporation is engaging in risk management by insuring its property and key employees to protect their financial interest in case of any unforeseen event that could undermine their security. Risk management involves assessing, identifying, analyzing, and quantifying potential risks in a company's operations and taking steps to minimize or control those risks by insuring them or implementing risk mitigation strategies.

International Foods Corporation Insures Its Real and Personal Property,as Well