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quester [9]
2 years ago
15

Discuss and define the eight common risk responses that are used and describe how you might use two or three of them together on

a project.
Business
1 answer:
algol [13]2 years ago
3 0

Avoid, Threat, Change project plan and or scope, Improve project communications, Decide not to perform the project, Transfer, Threat Insurance is the eighth most common risk response that is used.

Mitigate

Threat

Lower probability and/or impact of threat

Build in redundancy

Use more reliable methods

3 possible responses that could work well together would be Accept, Research, and Mitigation

Preface any problem with Mitigation - reduces the probability of a risk happening ex) Obtain a key resource beforehand (most likely an expert on the topic). Also, build redundancy, and have members trained to do work of key resources if not available.

Learn more about risk at

brainly.com/question/1142721

#SPJ4

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What are the three effects that bias the measurement of CPI
Natalka [10]

Answer: Consumer price index (CPI) is weighted price index of basket of good that a consumer purchases each month. CPI is fixed in nature. It is an economic indicator. A rise in CPI indicates consumer inflation rate. The are type of bias that effects the measurement of CPI are: substitution bias, quality bias and outlet bias.

Explanation: Following are the bias:

  1. <u>Substitution Bias</u>- it arises when prices in the consumer  basket increases and consequently low price alternatives or substitutes are opted by the consumer. As we know CPI is fixed-weight price index so the impact is not predicted accurately.
  2. <u>Quality bias</u>- It arises when any increase in technology increases the quality life of a product. Constant change in the quality of the product again does not reflect in consumer price index.
  3. <u>Outlet bias</u>- consumer shifts to new places or outlets as per their taste and preferences which is again not well represented by the CPI.

7 0
4 years ago
In 1999, the Coca-Cola Company developed a vending machine that would raise the price of Coke in hot weather. Present a supply a
Yuri [45]
Tell me if you need verbal explanation

5 0
4 years ago
The executives of bluewind products inc., a large conglomerate, are making decisions on the stages of the industry value chain t
finlep [7]
I think the appropriate response is the boundaries of the firm. It is exercised in the vertical chain a firm ought to perform itself and which it ought to buy from autonomous firms in the market. Specifically, the most powerful work amid the most recent two decades on why firms exist, and what decides their limits, has been fixated on what has come to be known as the ''hold-up issue.
6 0
3 years ago
Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the en
Karolina [17]

Answer:

PV= $216,935

Explanation:

Giving the following information:

Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. The insurance company expects this person to live for 15 more.

First, we need to find the final value of the annuity.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {20,900*[(1.05^15)-1]}/0.05= 450,992

Now, we can find the present value.

PV= FV/ (1+i)^n= 450,992/1.05^15= $216,935

5 0
4 years ago
Irma does not agree with the standard operating procedures adapted for the new project. However, she discusses the items with th
xxMikexx [17]

Answer:

Accommodating

Explanation:

Accommodating is the term in business which means resolving the conflict through placing the concern of the others above of its own at the workplace.

For example, if the person is not agreeing to a point where all the other members of the team are agreeing on that, so accommodating is the kind of intention, which make the business successful by making that person agreeing on that.

So, in this case, Irma is not agreed with the procedure of operating for the new project. Therefore, in order to make the new operations smooth, Irma needs to accommodate himself.

6 0
3 years ago
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