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luda_lava [24]
3 years ago
6

"The ability to execute a timely response to a crisis will determine your company’s ability to recover from that crisis. If each

individual is prepared and familiar with his or her role, there will be fewer careless and costly mistakes in the event of an actual crisis. Consequently, in order to be prepared, your company’s crisis team should practice drills and revise the company’s crisis management plan annually. Additionally, each member of the crisis team should receive annual training in crisis management."
Business
1 answer:
miskamm [114]3 years ago
8 0

Answer:

Which includes: (1) pre crisis (2)crisis event or response  (3) post crisis

Explanation:

We should understand that these are the three stage model of crisis management that provides the foundation.

For further clarity, let us analyse the there outline fundamentals of crisis management.

Pre crisis: This can be described as the realities or events that took place before the current crises. They are mostly what sets the benchmark for the design of the process of how best to deal with a crises during the crises event or response and post crises.

Crises event : A crisis event can be described as an ongoing or expected occurrence or event that has the potential of causing or leading to a ore complex and unstable situation such as a riot consequentially affecting  individual, group, community, or a whole society.

Post crisis : This can be described as the ripple effect, circumstances or the after effect of a crisis event. We should note that the term crisis are mostly associated with negativity thus the after effect are usually not positive.

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ou just won $80,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 9% pe
KatRina [158]

Answer: $3,866,182.89

Explanation:

The winnings in 45 years are the future value of the $80,000 that you just won based on the return rate of 9%.

Future Value = Present Value ( 1 + return) ^ number of years

= 80,000 ( 1 + 0.09) ⁴⁵

= $3,866,182.89

Lottery winnings will be worth $3,866,182.89 when you retire.

8 0
3 years ago
While planning a new product launch, Cassandra knew that the art department was ready to work on the promotional pieces right aw
k0ka [10]

Answer:

A. 1 week

Explanation:

This is true due to the fact that, Cassandra knew it would take about 1 week to establish the price point in the new product which she is planning to launch.

For the extra week it would have taken to get the paper could not hold again due to the fact that, it was already established that, it would take same day to get same paper rather than waiting for the paper to get to the strategy group in one week.

5 0
3 years ago
The static budget, at the beginning of the month, for Beacon Banner Company follows:
olasank [31]

Answer:

D. $3885 U

Explanation:

7 0
3 years ago
The government provides ______
Harrizon [31]
Unemployment insurance
6 0
3 years ago
The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
lbvjy [14]

Answer:

Exercise 15-8

1. Raw materials purchases for cash.

Raw Materials $210,000 (debit)

Cash $210,000 (credit)

2. Direct materials usage.

Work In Process : Indirect Materials $186,000 (debit)

Raw Materials $186,000 (credit)

3. Indirect materials usage.

Work In Process : Direct Materials $15,000 (debit)

Raw Materials $15,000 (credit)

Exercise 15-9

1. Direct labor usage.

Work In Process : Direct Labor $265,000 (debit)

Salaries and Wages Payable $265,000 (credit)

2. Indirect labor usage.

Work In Process : Indirect Labor $80,000 (debit)

Salaries and Wages Payable $80,000 (credit)

3. Total payroll paid in cash.

Salaries and Wages Payable :  $345,000 (debit)

Cash  $345,000 (credit)

Explanation:

Raw Materials - T Account (To determine the Materials Transferred to Production)

Debit

Opening Balance                                                 $ 43,000

Add Purchases                                                    $210,000

Totals                                                                   $253,000

Credit

Closing Balance                                                   $ 52,000

Transferred to Production (Balancing figure)    $201,000

Totals                                                                   $253,000

Thus, Direct Materials = $201,000 - 15,000 = $186,000

3 0
3 years ago
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