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Prevention of Risk - Method of risk management
In case of this method, the business avoids risk by taking appropriate steps for prevention of business risk or avoiding loss, such steps include adaptation of safely programmers, installation of burglar alarm and extinguisher, employment of night security guard, arranging for medical care and disposal of waste material etc.
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What are the disadvantages and advantages of Foreign direct investment (FDI) like opposed to a licensing agreement with a foreign partner? Answer: The major advantage of FDI (
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make an cash conversion cycle of cabbages
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