Answer:
E)Employee involvement
Explanation:
Employee involvement can be regarded as taking part of employees in decision-making process that are crucial to the organization, so that the goals of the organization are met. When employees there is involvement of employees in making decisions, there will be some professional as well as personal stake gained by the employee in the organization as well as the organization overall success. As a result of this there would be increased productivity in part of employees because they will take part actively in various aspects that will bring about success of the firm.
Answer:
(1) Assessment
Explanation:
The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'
Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.
Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.
In summary, risk management usually views risk as a function of probability and impact.
Answer:
76 months
Explanation:
If Lisa only pays the $20 minimum monthly payment, it will take her 76 months to repay her debt (6 years and 4 months). She will also end up paying almost $540 in interest.
If you have a credit card it is never a good idea to pay only the minimum monthly payment since you will end up paying a lot of interest and usually other fees and charges apply.
Answer:
B. prospecting
Explanation:
<em>The method that sales people would use to find new customers would be </em><em>prospecting</em><em>.</em>
In sales, prospecting means the identification of potential customers for a particular good/service. It represents the first step in sales process.
<u>After the list of potential customers have been created, the next step would be to find a way of reaching out to these customers in order to create leads which can end up in sales and turns a prospective customer to a paying customer.</u>
Answer:
A
B
C
D
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory
In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.
Because of the high net income reported under FIFO, tax paid would be the highest too
