Kind Sicherheit is a manufacturer of childcare safety

products, primarily car seats and strollers. The prod- ucts are sold directly to independent retailers in Europe.

The companys risk manager knows that the company could be sued if a car seat or a stroller is defective, and

someone is injured. Because the cost of products liabil- ity insurance has increased, the risk manager is consid- ering other techniques to treat the companys loss

exposure. Name at least three major risk-control techniques

that Kind Sicherheit can apply for reducing the fre- quency or severity of losses due to potential product

defects. Describe specific actions using these techniques that may be helpful in dealing with the companys products liability exposure.