Question
Some businesses avoid risks by doing which of the following?
Responses
Only doing business online
Only doing business online
Purchasing multiple insurance policies
Purchasing multiple insurance policies
Keeping records of all transactions and customers
Keeping records of all transactions and customers
Considering market research
Responses
Only doing business online
Only doing business online
Purchasing multiple insurance policies
Purchasing multiple insurance policies
Keeping records of all transactions and customers
Keeping records of all transactions and customers
Considering market research
Answers
GPT-4o mini
Businesses often avoid risks by:
**Purchasing multiple insurance policies**
This approach helps to cover various potential liabilities and losses, providing a financial safety net in case of unforeseen events. While keeping records and conducting market research can also mitigate risks, insurance is a direct method to protect against specific risks.
**Purchasing multiple insurance policies**
This approach helps to cover various potential liabilities and losses, providing a financial safety net in case of unforeseen events. While keeping records and conducting market research can also mitigate risks, insurance is a direct method to protect against specific risks.