Kind Sicherheit is a manufacturer of childcare safety products, primarily car seats and strollers. The products are sold directly to independent retailers in Europe. The company’s risk manager knows...

Kind Sicherheit is a manufacturer of childcare safety products, primarily
car seats and strollers. The products are sold directly to independent
retailers in Europe. The company’s 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 liability insurance has increased, the risk manager is
considering other techniques to treat the company’s loss exposure.

A.Name at least three major risk-control techniques that Kind Sicherheit can
apply for reducing the frequency or severity of losses due to potential product
defects.

B. Describe specific actions using these techniques that may be helpful in
dealing with the company’s products liability exposure.