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Discount Department Stores is a national retail chain. The company had one large, central warehouse. ...

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) loss prevention
B) risk transfer
C) loss reduction
D) risk avoidance

Textbook

Principles of Risk Management and Insurance

Edition: 12^th

Authors: Rejda, McNamara

Read 326 times

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chouri Author

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5 years ago

Thanks for the help!

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kbern1234

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4 years ago

thank you

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sindhura9

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3 years ago

thanks!

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