Evaluating risks
Once risks are identified you determine the likelihood and consequence of each risk. You develop an understanding of the nature of the risk and its potential to affect project goals and objectives. This information is also input to your Project Risk Register.
Answer:
The loss if discontinued will be 74,000
If keeps production it will lose 12,000
It will lose 62,000 more if discontinues
It is a disadvantage to eliminate this product.
Explanation:
units of X 15,500
unit sales price 25
unit variable cost 19
contribution per unit 6
contribution for X 93,000
105,000 fixed cost
operating result: -12,000
If discontinued then the result will be -74,000
Because, those fixed cost would not be avoidable even if the product was discontinued.
So the annual fiancial disadvantage will be (-74,000) - (-12,000) = -62,000
It will lose 62,000 more cash if discontinues
Based on the scenario, the individual can still order Nancy Penley to work on Saturday despite of her reason that it is her regular religious holiday because the individual can order her to work if there is no reasonable accommodation that could be made and by that, the individual can make or order her to work the following day.
The company’s shipments of newly-produced branded and private-label footwear from its plants to its regional distribution centers are subject to <span>any applicable import tariffs and exchange rate adjustments.
tariffs is </span><span>a tax or duty to be paid on a particular class of imports or exports.</span>
Answer:
B) There is an inflationary gap, and contractionary fiscal policy is appropriate.
Explanation:
One of the macroeconomic cases is inflationary gap. It means that the difference between the current level of real gross domestic product (GDP) and the predicted or forecasted GDP that would be experienced and achieved if an economy is at full employment. It could be claimed that when the demand for goods and services gets over the production in the factors such as: higher levels of overall employment, increased trade activities or increased government expenditure.
In order to overcome this gap, the contractionary fiscal policy must be considered. The mechanism of that policy is to increase the taxes decrease the government expenses due to inflationary pressures. This policy consequently will affect the level of consumption and private investment, respectively, these also will decrease the real GDP.
Other concept of macroeconomics is recessionary gap. In comparison to inflationary gap, this concept indicates the economy operating at lower level than its full equilibrium level, in turn, the level of real GDP is also less than full equilibrium level. We used to see this situation when the economy was intending to recess.
In order to overcome this gap, the expansionary fiscal policy will work well. Because of decreasing taxes and increasing government expenditures, the recessionary gap can be fought anymore. Since the taxes decreases, the business will revive and the confidence to the investment will increase, as a result the GDP will rise. Moreover, the growing government expenditures will stimulate the GDP to accrue.
To summarize, according to the question we need the gap in which the economy is above of potential, this means inflationary gap. Following this finding, the contractionary fiscal policy will be solution.