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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.

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when efficiency is disrupted in pure competition producers will reallocate resources until product supply is such that price wil
Gelneren [198K]

When efficiency is disrupted in pure competition producers will reallocate resources until product supply is such that price will again equal marginal cost.

<h3><u>Explanation:</u></h3>

Marginal cost refers to the cost that is incurred due to the production of additional one unit of any goods or services. It includes all the cost in the production of the extra one unit of the product or services. For instance consider an organisation is planning to build a new machine fore the product of a product and the cost associated with building the new plant will be the marginal cost.

Pure competition market is also called as perfect market. Here there will be a large number of sellers who are the competitors selling a same product. In such a market when the efficiency gets disrupted, then the producers can involve in the reallocation of resources until product supply is such that price will again equal marginal cost.

8 0
4 years ago
Expansionary fiscal policy is used in order to ______ the economy.
Tresset [83]

Answer:

stimulate

expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer

8 0
3 years ago
Pacific Company starts the year with a beginning inventory of 3,700 units at $5 per unit. The company purchases 5,700 units at $
frozen [14]

Answer:

$6,500

Explanation:

First In First out (FiFO) is an Inventory method which determines the inventory value and it requires that the unit purchased first will be sold first.

                                        Units     Cost           Value         Balance

Beginning Inventory      3,700      $5            $18,500      $18,500

February                      

Purchases                      5,700     $4             $22,800      $41,300

March                      

Purchases                      2,700     $6             $16,200      $57,500

Sale                                -1,300    $5             ($6,500)      $51,000

Cost of Goods sold is the cost of sold units on the basis of FIFO inventory costing method.

6 0
3 years ago
Putnam Corporation makes a sleeping pill that is legally sold in the United States. Putnam has a contract with a chain of pharma
siniylev [52]

<u>Answer: </u>Yes, due to the action taken by the government it makes it difficult to perform under the contract.

<u>Explanation:</u>

When the contract was signed by Putnam corporation and the pharmacies it was legal and valid contract. Due to the after effects of the pills sold by the pharmacies Food and Drug Administration has passed new regulations that the drug sold is illegal. The contract should also abide by the regulations passed by government authorities.

So the contract between the pharmacy and Putnam becomes void. The pharmacy chain is out of the contract and need not sell the drugs which are addictive and which has caused few deaths.

6 0
4 years ago
If you are tempted to send an e-mail while angry, what should you do?
Pani-rosa [81]

Answer:

You should take a deep breath and complete it, then consult with a co-worker for clarification.

7 0
3 years ago
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