Detail answers please ~ (insurance aspects)

Question 4 (14 Marks) Using organic grains and locally-sourced ingredients, Star Bakery makes and sells daily-baked bread, cakes, croissant, donuts, pies and pastries. These bakery products are sold directly to the customers working and commuting in the nearby central business district. Star Bakery has considered to buy product liability insurance for risk management purpose but the cost of insurance is too expensive. The owner of Star Bakery is now considering to use other risk management techniques to treat the loss exposures of the bakery. For each of the following risk management techniques, identify a specific action using that technique which may be helpful in dealing with Star Bakery's loss exposure in baking business: Avoidance; Loss prevention; Loss reduction; and Non-insurance transfer Briefly explain the potential problems of each of the risk management techniques that you have suggested above