At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.
What is receptionist?
An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.
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Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.
Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.
Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.
Choosing the right projects
How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.
Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.
Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.
Answer:
9
Explanation:
Sales revenue (at $25 per case) ................................$2,000,000 $1,500,000 $2,250,000 Less: Cost of goods sold (at absorption cost of $21 per case) * ............................1,680,000 1,260,000 1,890,000 Gross margin .............................................................$ 320,000 $ 240,000 $ 360,000 Less: Selling and administrative expenses: Variable (at $ .50 per case) ............................40,000 30,000 45,000 Fixed ..............................................................37,500 37,500 37,500 Operating income ......................................................$ 242,500 $ 172,500 $ 277,500 *The absorption cost per case is $21, calculated as follows : production Planned over heading manufacture fixed Budgeted+ case per costing manufacture variable
=($400,000/80,000,)+ $16
= $5 + $16 = $21
1.b. Variable- costing income statement. a In year 4, the difference in reported operating income will be $50,000, calculated as follows: Change in inventory (in units) ×Predetermined fixed .
Answer:
Introduction
Explanation:
The product life cycle is the process of defining different phases of product going from one phase to another until it perishes from the market over a period of time. It helps companies to implement strategies according to the stage of the product in the market. The four phases of product life cycle are:
- Introduction
- growth
- maturity.
- Decline.
Introduction: It is an initial stage of a product, where a new product is released in the market and stakes are very high as it requires more investment and promotion.
In the given case, a company have developed a new product and introduced in the market, therefore the product is in introduction stage of product life cycle.