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3. Thomas Lee Toys produces assorted toy rockets. It has discovered that its water pressure rockets have a tendency to tip over just before take

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3. Thomas Lee Toys produces assorted toy rockets. It has discovered that its water pressure rockets have a tendency to tip over just before take off thereby flying parallel, and low, to the ground. FunFun has decided to quit producing this toy rocket. This is an example of a. loss control b. loss prevention c. loss avoidance d. all of the above 4. Loss Reduction activities are aimed at reducing the a. frequency of losses b. size of a loss (for if and when a loss occurs) c. probability of loss to zero d. all of the above

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