What strategy do hotels often employ to mitigate the impact of seasonality on their business? Option: Offering special discounts and promotions, Temporarily shutting down operations, Focusing solely on business travelers, Reducing staff during off-peak seasons

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What strategy do hotels often employ to mitigate the impact of seasonality on their business?

Offering special discounts and promotions

Temporarily shutting down operations

Focusing solely on business travelers

Reducing staff during off-peak seasons

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Why is diversification important for insurance companies?

"To minimize the impact of localized risks"

"To maximize marketing reach"

"To comply with international regulatory standards"

"To increase administrative efficiency"

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What type of investment strategy does the Post Office Monthly Income Scheme (POMIS) primarily cater to?

"Low-risk, steady returns"

"Speculative"

"High-risk, high-reward"

"Growth-oriented"

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What is the primary mechanism by which STPs help mitigate market risk?

"Limiting exposure to volatile sectors"

"Investing at predetermined intervals over time"

"Diversification across multiple asset classes"

"Hedging against market downturns"

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What is a common feature of most national savings schemes?

High risk, high reward

Variable returns

Investment in foreign currencies

Potential tax-saving opportunities

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Which investment option offers greater flexibility and liquidity?

"SIP"

"Fixed deposits"

"NPS"

"Real estate"