The Balut Corporation has 4,000 sales representatives and employees in the United States who drive company trucks. The company’s risk manager has recommended to the firm’s management team that the company should implement a partial retention program for collision losses to company trucks. Include the following in your paper:

• Explain the advantages and disadvantages of a partial retention program to the Balut Corporation.
• Identify the factors that Balut Corporation should consider before it adopts a partial retention program for collision losses for company trucks.