The U.S.government is concerned that terrorists might try to crash a vehicle filled with explosives into a U.S.embassy in a foreign country.Inside the gate to the embassy,they installed steel and cement posts in the road.These posts can be raised up from the ground to form a barrier against suicide bombers.The posts can be lowered back into the ground to allow safe vehicles to pass.This physical barrier system illustrates which risk management technique?
A)risk avoidance
B)insurance transfer
C)loss prevention
D)noninsurance transfer

Question

Quizplus · Accepted Answer

The installation of steel and cement posts in the road is an example of loss prevention, which aims to reduce the frequency or severity of potential losses. This is a proactive risk management technique that focuses on minimizing the impact of risks before they occur. It is different from risk avoidance (avoiding the activity altogether), insurance transfer (transferring the risk to another party through insurance), and non-insurance transfer (transferring the risk without the use of insurance). Therefore, the best choice is C) loss prevention.

The USgovernment Is Concerned That Terrorists Might Try to Crash a a Vehicle