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
xxMikexx [17]
3 years ago
11

A design flaw in a new application was discovered by a software manufacturer. Company management decided to continue manufacturi

ng the product with the flaw rather than recalling the software. Which of the following risk management strategies was adopted
Business
1 answer:
Ugo [173]3 years ago
6 0

Answer:

The correct answer is: Risk acceptance.

Explanation:

Risk acceptance or risk retention takes place within an organization when a certain risk is predictable or highly possible to happen but the firm decides to deal with it because the company can handle the situation. Typically, when the organization forecasts that the impact of the risk is small, they decide to take it instead of avoiding it.

You might be interested in
Professor Hanoi's research efforts focus on how the use of heuristics influences the way people think about and assess financial
Luda [366]

Answer:

Cognitive psychology

Explanation:

Cognitive psychology has to do with the scientific study of how the mind processes data, information, creativity and also reasoning. Examples of this processes can be seen in thinking, reasoning, making judgements, being able to recognize numbers, memory etc. From this explanation above, we can see that this professors area o specialization is cognitive psychology.

3 0
3 years ago
The Corner Market has decided to expand its retail store by building on a vacant lot it currently owns. This lot was purchased f
marysya [2.9K]

Answer:

a. The current market value of the land

Explanation:

An expansion project costing plays a huge role. According to relevant cost, all irrelevant cost in the business should not be considered while analyzing a project. In the past, cost incurred in purchase of the land and its improvement is sunk cot, hence these expenditure ares irrelevant while analyzing the expansion project. The only cost which is to be considered is current market value of the land.

5 0
3 years ago
Which factors will most likely affect revenues and profits
Aliun [14]

The factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.

<h3>What is revenue?</h3>

It should be noted that revenue simply means the income that a company can make based on the sales of a product.

Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.

In this case, the factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.

Learn more about revenue in:

brainly.com/question/25623677

#SPJ1

6 0
2 years ago
On July 1m 2017, Ling Co. pays $12,400 to Marsh Insurance Co., for a 2-year insurance contract. Both companies have fiscal years
Ronch [10]

Answer:

Journal entries

Explanation:

The journal entries are as follows

On July 1

Prepaid insurance Dr $12,400

     To Cash $12,400

(Being the payment is recorded)

On December 31

Insurance expense Dr $3,100

    To Prepaid insurance $3,100

(Being the insurance expense is recorded)

It is computed below:

= $12,400 × 6 months ÷ 24 months

= $3,100

6 0
4 years ago
Create a scenario that includes at least 3 needs and 3 wants. HELP ME WITH THIS IS FOR A Business class
shusha [124]
A family has bought a new, luxurious house with a swimming pool and have constructed a basketball court in their huge backyard. They have filled their fridge with food like fruits, vegetables, bread and milk. They have also bought enough water bottles to last a whole week. They have arranged their clothes into the cupboards of their new rooms and have bought some pet toys and beds for their cats.
4 0
4 years ago
Other questions:
  • At March 31, Cummins Co. had a balance in its cash account of $11,400. At the end of March the company determined that it had ou
    10·1 answer
  • 1. Select two categories of records that are exempt from public disclosure under the Freedom of Information Act.
    14·2 answers
  • You purchased 1,150 shares of stock in Natural Chicken Wings, Inc., at a price of $43.46 per share. Since you purchased the stoc
    15·1 answer
  • 29) The custodian of a company asset should
    11·1 answer
  • Suppose you enter into a 9-month long forward contract on a non-dividend-paying stock when the stock price is S0 = $125 and the
    7·1 answer
  • Josh and Pam have bought an older home that needs some repair. After budgeting a total of $1685 for home improvements, they star
    5·1 answer
  • Ecologists estimate that __________ are being driven into extinction each day due to __________
    14·1 answer
  • Swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by
    11·1 answer
  • What is the primary purpose of incident investigation?
    14·1 answer
  • The firm's ____ should be thought of as a business partner who can be a source of information and networking; help make decision
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!