The strategy pursued by the business firms to tackle risk by spreading into a number of business is ______________.

Looking for the answer to the question below related to Insurance?

The strategy pursued by the business firms to tackle risk by spreading into a number of business is ______________.

 Options:

 

A. Diversification
B. Centralisation
C. Risk Retention
D. Financing

 

The Correct Answer Is:

  • A. Diversification

Conclusion

I hope you got the answer to your question.

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