Answer:
(1) Assessment
Explanation:
The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'
Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.
Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.
In summary, risk management usually views risk as a function of probability and impact.
Answer:
The correct answer is letter "A": company sales potential; market potential.
Explanation:
Company sales potential is the expected amount of sales of a company given a specific sector in the market. It is presumed that the company has carried out marketing strategies and investment for the levels desired to be achieved. In the example, that level is 20%.
The market potential is the size of the market for a given product within a period of time. It is usually expressed in monetary terms since it expresses the number of sales value or volume during the period. In the example, that amount is $30 million dollars.
Answer:
product departmentalization.
Explanation:
product departmentalization is the internal process performed by a corporation of dividing its business activities up according to the type of goods or services produced. Product departmentalization typically groups tasks related to a particular product or product line under one senior manager who specializes in that aspect of the company's business.
Answer:
lean production means the management in which cutting out waste but the quality is maintained. this is helpful in reducing costs .
Answer:
B. LIMITING IMPORTS
Explanation:
Balance of Trade is difference between value of exports & imports of a country .
If : Value of Exports = Value of Imports : BOT is balanced
Value of Exports > Value of Imports : Surplus BOT
Value of Imports > Value of Exports : Deficit BOT
Favourable BOT balance can be established by : Increasing Exports ,
b.) Decreasing Imports
