This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discount Department Stores is a national retail chain. The company had one large, central warehouse. ... (Read 110 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
on: Jul 11, 2018
Discount Department Stores is a national retail chain. The company had one large, central warehouse.
 
  At the suggestion of the risk manager, the company decided to build four smaller regional warehouses so that a loss at the central warehouse would not be a catastrophic blow to the company's distribution system. Splitting the inventory between four regional warehouses illustrates which risk management technique?
  A) duplication
  B) risk transfer
  C) separation
  D) risk avoidance

Question 2

Which of the following statements concerning the selection of risk management techniques and insurance market conditions is (are) true?
 
  I. It's easier to purchase affordable insurance during a soft  market than during a hard market.
  II. Retention is used more during a soft market than during a hard market.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A


piesebel

  • Member
  • Posts: 565
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Diagram of the food chain Diagram of the food chain
Paul Cézanne, The Large Bathers. Paul Cézanne, The Large Bathers.
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library