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 280 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
Gracias!

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

A Maasai giraffe in Mikumi National Park, Tanzania A Maasai giraffe in Mikumi National Park, Tanzania
Lung cancer. Photograph of part of a lung removed after death. The yellow area is a large tumor and Lung cancer. Photograph of part of a lung removed after death. The yellow area is a large tumor and
This headache remedy was “guaranteed” by the drug company; 1906. This headache remedy was “guaranteed” by the drug company; 1906.
Large Intestine Anatomy Large Intestine Anatomy
Gen Bio 2 - Central Dogma Gen Bio 2 - Central Dogma
Computer-automated DNA sequencing using the chain-termination (Sanger) method Computer-automated DNA sequencing using the chain-termination (Sanger) method
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library