Risk-retention refers to the decision to accept the uncertainty associated with particular risk exposure. The developmen

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answerhappygod
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Risk-retention refers to the decision to accept the uncertainty associated with particular risk exposure. The developmen

Post by answerhappygod »

Risk-retention refers to the decision to accept the
uncertainty associated with particular risk exposure. The
development and selection of alternative risk management methods
involve a fundamental trade-off between the benefits of retention
and the increased costs from greater risk. List and discuss three
(3) advantages of increased risk retention.
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