4 Deirdre, the production manager at Pheonix Manufacturing Company decided to choose a supplier with a proven track record instead of a new supplier that offers significant price incentives. This is an example of: Select one: a. Risk avoiding b. Risk sharing c. Risk taking d. Risk accepting

4 Deirdre, the production manager at Pheonix Manufacturing Company decided to choose a supplier with a proven track record instead of a new supplier that offers significant price incentives. This is an example of: Select one: a. Risk avoiding b. Risk sharing c. Risk taking d. Risk accepting

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Deirdre, the production manager at Pheonix Manufacturing Company decided to choose a supplier with a proven track record instead of a new supplier that offers significant price incentives. This is an example of:

Select one:

a. Risk avoiding

b. Risk sharing

c. Risk taking

d. Risk accepting

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