Which of the following is the definition of risk?
A) The measurement of a loss
B) The uncertainty about whether a loss will occur
C) An insurance term for a claim
D) The transfer of insurance to a different insurer"
Ans: B) The uncertainty about whether a loss will occur
Business
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Most new salesperson training time is devoted to improving the salesperson's selling techniques.
a. true b. false
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The above information describes a shortest-route problem with the distance in miles. How many stages will this dynamic programming problem have?
A) 8 B) 4 C) 3 D) 2 E) 1
Business