Melanie was just hired as the risk manager of JKL Company. The company president asked her to make a thorough review of all of the company's loss exposures
Melanie noted that many employees were too heavily invested in stock issued by the company in their 401-k plan. Melanie suggested that the employees change some of their investment holdings to mutual funds that invest in stock issued by different companies. The risk control method that Melanie suggested is
A) risk avoidance.
B) duplication.
C) diversification.
D) separation.
Answer: C
Business
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Marketable securities are short-term, interest-earning, money market instruments that can easily be converted into cash
Indicate whether the statement is true or false
Business
Teaser rates are very low. How long do they last? Is there any real benefit in them?
What will be an ideal response?
Business