1. You are a manager or risk manager. For each of the following, which risk management method would you use? Explain your answer.

1. The decision not to have earthquake insurance in a company's manufacturing plant

2. Installing an automatic sprinkler system in a hotel

3. The decision not to produce a product that could result in a product liability lawsuit

4. Require retailers selling the company's product to sign an agreement that releases the company from liability if the product injures someone Which one understands is the one with the lowest and highest risk