Question

    Which one of the following is not a measure to reduce

    the risk?
    A Diversification Correct Answer Incorrect Answer
    B Hedging Correct Answer Incorrect Answer
    C Contract sales Correct Answer Incorrect Answer
    D Monoculture Correct Answer Incorrect Answer

    Solution

    Monoculture is not a measure to reduce risk. Monoculture refers to the practice of cultivating a single crop species over a large area, which can increase the vulnerability of the crop to pests, diseases, and adverse weather conditions

    Practice Next