Describe the conditions in which avoidance is an, Operation Management

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Describe the conditions in which avoidance is an

1-Describe the conditions in which avoidance is an appropriate risk-handling technique.

2-Describe the advantages and disadvantages of using insurance as a loss-financing technique.

3-Describe the role of deductibles in insurance contracts.

4-What are the potential advantages (and disadvantages) of a self-insurance program?

5-Describe the benefits associated with using captive insurers as a loss-financing technique.

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