Understanding Business with Connect Access Card
Understanding Business with Connect Access Card
12th Edition
ISBN: 9781260277142
Author: William Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter C.1, Problem C.1AQ
Summary Introduction

To discuss: The strategies that can help firms and even governments to protect them against the pure risk.

Introduction: Risk refers to the lower probability rate of success associated with a new start up in any field. Pure risk is a type of risk that has the complete chance of loss before successful but has no chance of profits.

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