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24 October, 09:31

Which is the best option for minimizing business risks?

A) insurance

B) overdraft facility with a bank

C) disaster recovery loan

D) credit from other institution

E) self finance project

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Answers (2)
  1. 24 October, 09:41
    0
    A because if everything goes wrong you’ll have insurance to cover it
  2. 24 October, 09:48
    0
    The correct option is A.

    The best option for any business to minimize its risks is to go for the right insurance policy and insure the specific risks which the company faces. In case of business loss, it will be the the responsibility of the insurance company to redeem the loss and put the company back on its feet.
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