The number of times an event occurs and can be gauged in relation to any relevant period of time or area is called:

a. Severity
b. Frequency
c. Formulation
d. Adverse Occurrence

Answer: b. Frequency

Business

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The limitations of financial performance measures reinforce the importance of the balanced scorecard

Indicate whether the statement is true or false

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Walmart's practice of using a ______ strategy is designed to promise ultimate value to consumers.

Fill in the blank(s) with the appropriate word(s).

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