Answer: Price lining
Explanation: Price lining can be defined as a situation in which the goods are categorized as per the basis of their quality. Price lining is done by business entities with the goal of achieving larger customer base which will further result in higher profits.
In the given case, the manufacturer is offering three types of models in market each having different price as per its quality. Thus, we can conclude that the given example is a case of price lining.
The answer is "<span>economic risks".
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</span><span>Economic risk</span><span> is the possibility
that macroeconomic conditions like trade rates, government direction, or
political security will influence a venture, typically one in a remote nation.
Beside the business hazard related with making the plant profitable, the
semi-conductor company is open to economic risk.</span></span>
I guess the correct answer is legal
U.S.-based Royal Corporation is hesitant about entering into a licensing agreement with Hexagon, Inc., a company from the Monaslu Republic, due to the likelihood that Hexagon will opportunistically break a contract or expropriate property rights. The type of risk Royal Corporation trying to avoid is legal.
Lеgal risk is thе risk οf financial οr rеputatiοnal lοss that can rеsult frοm lack οf awarеnеss οr misundеrstanding οf, ambiguity in, οr rеcklеss indiffеrеncе tο, thе way law and rеgulatiοn apply tο yοur businеss, its rеlatiοnships, prοcеssеs, prοducts and sеrvicеs.
Answer:
<u>Establish project priorities</u>
Explanation:
<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.
In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.
