The Swift Corporation has 5000 sales representatives and employees in the U.S, homework help.
The Swift Corporation has 5000 sales representatives and employees in the U.S., who drive company vehicles. The company’s risk manager has recommended to the firm’s management that the company should implement a partial retention program for physical damage losses to the company’s vehicles.
(a) Explain the advantages and disadvantages of a partial retention program to the Swift Corporation.
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(b) Identify the factors the company should consider before it adopts a partial retention program for physical damage losses as recommended by the risk manager.
(ONLY 1 Paragraph and a half long)