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
Sergeeva-Olga [200]
2 years ago
14

Essman might overlook strategic risks, the business plan at hand can be a good plan and the Product mix may be one of the best.

However, things do change, and the plans and the product mix stated in the plan may become outdated making the strategy of the company less efficient to reach its goals. Technological risks may also render the product mix out of date. With the dynamism of technology other efficient products may come to the market making rendering the product mix obsolete.
Would risk retention be a good strategy for this company? Why or why not?
Business
1 answer:
WITCHER [35]2 years ago
6 0

Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.

<h3>What is product mix?</h3>

Product mix is the total number of products sell by  the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.

Thus, Risk retention is good for the company as the good has the better strategies

For more details about Product mix, click here:

brainly.com/question/17463487

#SPJ1

You might be interested in
The study of how society chooses to employ resources to produce goods and services and to distribute them for consumption among
natali 33 [55]

Answer:

This statement is <u>FALSE.</u>

Explanation:

This statement is false. For demographics is defined as an area of ​​human sciences whose central objective is the study of a human population, according to statistics, dimensions, structures and distributions. The demographic study is carried out through several factors, such as sex, age, race, and others.

Through demographic data it is possible for governments and institutions to get to know in depth and analyze characteristics of a given population for different purposes, such as market research and policy development.

The definition proposed by the question corresponds to economics and not demographics.

7 0
4 years ago
A ______________ is the making of a gift especially to a charity or public institution.
Goshia [24]

A <u>donation</u> is the making of a gift especially to a charity or public institution.

A charitable corporation or charity is an agency whose primary targets are philanthropy and social properly-being. The criminal definition of a charitable agency varies among international locations and in a few times regions of the united states of America.

The definition of charity is an act or feeling of kindness or goodwill or a voluntary gift of cash or time to those in want. An instance of charity is a donation of ten dollars a month to a nearby meals bank.

A charity helps human beings recognize that it's miles feasible to bless others in a global full of uncertainties and chaos. Giving to charity offers a deeper which means to live and facilitates us to see our purpose to the humans in our society. Giving is one of the vital meanings at the back of a charity.

Learn more about charity here brainly.com/question/1040676

#SPJ4

4 0
2 years ago
​Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.
Mandarinka [93]

Answer:

It will be used to determine the balance of inventory accounts

Explanation:

A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:

  1. raw materials inventory,
  2. work-in-progress inventory,
  3. finished goods inventory, which would be dependent on how far towards completion the product is.
7 0
3 years ago
Paid Rs.700 as rent of the house occupied by the proprietor for personal use​
Pani-rosa [81]

Answer:

see below

Explanation:

In this transaction, Rs. 700 is used to pay for rent that the proprietor uses for personal use. The transaction will be captured in the drawings account. A drawing account is used to track all the money owners take from a business for personal use. The amount taken to pay rent, Rs. 700 will be debited  Drawings A/c.

The transaction will decrease cash ( asset account) by Rs. 700. A decrease in assets is credited. Therefore, the cash account will be credited by Rs.700

The journal entry will be

Drawings A/c Dr.   Rs.700

Cash A/c.                          Cr  Rs.700

4 0
3 years ago
Who provides a W-2 form? A W-2 form is provided by a/an to its employees to help them file their annual taxes.
Artist 52 [7]
The taxpayer’s employer fills out the forms because they have the info you need these to turn in your taxes and if your jod is anything like mine they wait last minute to send them out lol
7 0
3 years ago
Read 2 more answers
Other questions:
  • Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $540,000. In addition to the purchase price, FVI makes the followi
    12·2 answers
  • How does a merchandising business act as a collection agency for the state government?
    13·1 answer
  • A location analysis has been narrowed down to two locations, Akron and Boston. The main factors in the decision will be the supp
    7·2 answers
  • (True/False) A decrease in demand means that quantity demanded is lower at each price level.
    13·1 answer
  • Every new customer at Five Elements Spa is asked to register his or her personal details, which includes the customer's age, pur
    6·1 answer
  • Does the United States’ labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in our
    6·2 answers
  • A well-known fast food restaurant chain was interested in how satisfied the employees were in working for the company. They deci
    11·1 answer
  • When an Accounts Payable department improves their information system resulting in faster payments to vendors, without the Accou
    14·1 answer
  • Asteroid Industries accumulated the following cost information for the year: Direct materials $ 15,100 Indirect materials 3,100
    12·1 answer
  • General-purpose financial statements are the product of:____.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!