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galben [10]
3 years ago
9

In risk management, What does risk evaluation involve

Business
2 answers:
True [87]3 years ago
7 0

Answer:

Risk Evaluation simply Evaluates the Risk Analysis which was done to know about the Risk.

Explanation:

Risk Management is the process of managing risks involved in business or may be at individual level by identifying the risks involved and the measures taken to avoid or minimize that risk.

There are three simplest rules of Managing the Risk. First of all, you need to know what you are doing. Second step is to find out or to Know the risk involved. In this stage you identify and evaluate the severity of risk. Then comes the third and final step in which you develop measures to avoid or minimize as much risk as possible.

The evaluation in the Risk Management involve identifying and finding out the severity and intensity of the risk associated with something.

Thepotemich [5.8K]3 years ago
5 0
Risk Management is<span> the process of identifying, analyzing and responding </span>to risk <span>factors throughout the life of a project and in the best interests of its objectives. Proper </span>risk management<span> will reduce not only the likelihood of an event occurring, but also the magnitude of its impact.</span>
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The entry to record the distribution of the stock dividend would include
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The correct answer is B. A debit to common stock distributed.

<em>The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.</em>

In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.

4 0
3 years ago
Effective SCM requires reducing cost, increasing inventory velocity and compressing cycle time. What of the following is true? 1
-Dominant- [34]

Answer:

The answer is: 4) More frequently than not, the three objectives are compatible.

Explanation:

Toyota is famous for its Just in Time (JIT) management. They are the absolute kings of efficient supply chain management and they were able to do it by making the three objectives compatible. That doesn't mean that they all have to be dealt with at the same time and with the same intensity.

Toyota's first goal was to reduce costs and in order to reduce costs they had to increase their inventory turnover. Then they discovered that in order to keep increasing inventory turnover, they had to compress their cycle time. When they were able to compress their cycle time, their turnover increased even more and their costs were lowered. The system produces continuous feedback and their efficiency keeps increasing.

I once visited one of their factories that produces almost 500 pickup trucks per day and every single work station had available inventory for only 4 trucks; only 4 engines, 16 doors, etc. It is amazing how they do it considering that every 3 minutes one truck is fully produced.

The three objectives are not only compatible, but they are absolutely necessary for the SCM to be effective.

7 0
3 years ago
Which of the following statements regarding PERT analysis is true? a. Each activity has two estimates of its duration. b. Projec
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Answer:

It's c.

Explanation:

Program Evaluation and Review Technique (PERT) is a method used in program management. It analyzes the time required to complete each task in a project and so tries to determine the minimum time to complete a project. It was developed by the US Navy in 1957.

In PERT analysis:

  • there are 3 time estimates for every activity: optimistic, pessimistic, and most likely
  • you have to find the Critical Path. The Critical Path is the longest path of scheduled activities that must be met in order to execute a project.  It is important to know because any problems on the critical path can prevent a project from moving forward and be delayed. Therefore only critical activities can contribute to the project variance.
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Jordan's Ice Creams is strategically located near a university. After realizing that most of its customers, who are mostly stude
olga2289 [7]

Answer:

D) Focused differentiation strategy.

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Jordan's Ice Cream is offering hundreds of customized products, each customized product appealing to a small number of clients. In this case, making unique ice cream combinations is not that expensive, but usually this type of strategy works well in very luxurious products.

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3 years ago
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I think thats right

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