1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elodia [21]
3 years ago
12

Jonah purchases a new flat screen television and declines the extended service plan. What risk management strategy is he employi

ng
Business
1 answer:
Shtirlitz [24]3 years ago
5 0

Jonah adopts the strategy of risk avoidance, to manage its risk and therefore declines the extended service plan.

<h3>What do you mean by Risk Management Strategy?</h3>

The risk management strategy provides a systematic and consistent approach to risk identification, assessment and management.

Risk avoidance is a way for businesses to reduce their risk level by not engaging in certain high-risk activities. While it is impossible to eliminate all risks, a risk avoidance strategy can help prevent some losses from occurring.

Thus,the risk management strategy that Jonah is employing Risk avoidance.

Learn more about risk management strategy:

brainly.com/question/27399555

#SPJ1

You might be interested in
Consider a basket of consumer goods. The basket of goods costs $72.00 in the United States. The same basket of goods costs 224.0
Strike441 [17]

Answer:

4.5 and 9

Explanation:

Basket of goods in US=$72.00

Basket of goods in Mexico=224.00 pesos

Nominal exchange rate= 14.00 pesos per dollar

Real Exchange Rate = (Nominal Exchange Rate x Price of the Foreign Basket) / Price of the Domestic Basket

=(14.00 pesos ×$72.00) / 224.00 pesos

=1,008/224.00

=4.5

Nominal exchange rate increased from 14.00pesos per dollar to 28.00 pesos per dollar

Real Exchange Rate = (Nominal Exchange Rate x Price of the Foreign Basket) / Price of the Domestic Basket

=(28.00×$72.00)/224.00 pesos

=2,016/224

=9

Consider a basket of consumer goods. The basket of goods costs $72.00 in the United States. The same basket of goods costs 224.00 pesos in Mexico. The nominal exchange rate is 14.00 pesos per dollar. The real exchange rate between U.S. and Mexican baskets of goods is 4.5 baskets of Mexican goods per basket of U.S. goods. Now suppose the nominal exchange rate increases from 14.00 pesos per dollar to 28.00 pesos per dollar. If the prices of the basket remain unchanged in both the United States and Mexico, the real exchange rate between the U.S. and Mexican baskets of goods will 9 to baskets of Mexican goods per basket of U.S. goods.

8 0
3 years ago
During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw
user100 [1]

Answer:

Debit to work in process for $79,000

Explanation:

The journal entry is shown below:

Work in process Dr $79,000

    To Direct material $79,000

(Being requistion from the storeroom is recorded)

Here work in process is debited as it increased the assets and credited the direct material as it decreased the assets

Working note

Total material requisitions. = $ 83,000

Less : Indirect material. =. ($ 4000)

Direct material $79,000

3 0
3 years ago
A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods
EastWind [94]

Answer:

16

Explanation:

Compounding periods are the number of times interest is paid to an investment per year. For example, annual compounding means that interest will be paid once a year hence compounding period would be 1.

If semiannualIy, interest would be paid twice a year hence 2 compounding periods per year. In this case, quarterly compounding means that interest payment occur every 3 months hence 4 quarters a year.

In 4 years, total compounding periods would be; 4 *4 = 16 periods.

7 0
4 years ago
Finn is interested in taking over a small business, but he wants to pay a fair price for it, so he consults their income stateme
Diano4ka-milaya [45]

Answer:

d. Calculate total revenue minus total expenses

Explanation:

Profit is Calculated as Total revenue minus Total expenses. Therefore, consider all Incomes generated by the Business whether Primary or Secondary. Also consider all Expenses incurred by the business including Non - Operating expenses.

4 0
3 years ago
Many organizations find themselves in the position of being data rich and information poor. Even in today's electronic world, ma
mylen [45]

Answer: b

Explanation:

7 0
4 years ago
Other questions:
  • Charter bank pays a 5.00% nominal rate on deposits, with monthly compounding. what effective annual rate (eff%) does the bank pa
    8·1 answer
  • Tom finds out that his coworker is sharing confidential information with a competitor. What should Tom do to handle the situatio
    12·1 answer
  • What is the effect on the equilibrium price and equilibrium quantity of magazinesmagazines if the price of a newspapera newspape
    10·1 answer
  • Suppose your favorite sports team is losing by an insurmountable score. What does the shutdown condition suggest the team should
    10·1 answer
  • The practice of comparing a company with its prior performance or with best practices from other companies is called A. benchmar
    11·1 answer
  • If a trait theory of leadership were true, then all leaders would possess _______.
    12·1 answer
  • A _________ approach is found frequently among companies with strong engineering orientations, pharmaceutical and biomedical fir
    10·1 answer
  • The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:
    7·1 answer
  • Adah works in logistics for a manufacturing firm and manages inventories. Her managers want the organization to be more lean, bu
    13·1 answer
  • When an individual transfers property to another taxpayer during their life, without receiving or expecting to receive value in
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!