Which of the following risk responses is not considered risk transfer? a. Joining a third-party trust fund for employee benefits to settle retirement pay b. Paying for property insurance c. Transferring the location of warehouses away from major fault times and flood-prone areas d. Creating advances to employee accounts for losses in inventory and cash shortages

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 37P
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Which of the following risk responses is not considered risk transfer?
a. Joining a third-party trust fund for employee benefits to settle retirement pay
b. Paying for property insurance
c. Transferring the location of warehouses away from major fault times and flood-prone areas
d. Creating advances to employee accounts for losses in inventory and cash shortages
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