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Blizzard [7]
3 years ago
12

Companies may want to consider budgeting for contributions to employee loss expenses (such as funerals) as well as for counselin

g services for employees and loved ones as part of ____.
a. crisis management budgeting
b. incident response budgeting
c. risk assessment budgeting
d. recovery criticality budgeting
Business
1 answer:
NNADVOKAT [17]3 years ago
6 0

As a part of crisis management budgeting the companies contribute to employee loss expenses (such as funerals) as well as for counseling services for employees and loved ones.

Option a

<u>Explanation:</u>

The process through which the company manages an unexpected or disruptive event or happening that may threaten a harm or shortcoming to the employees or stakeholders or the organization.

This is considered to be the most vital process in the public relations. There are three major elements that are common to create a crisis namely,

(a) threat

(b) short decision time

(c) element of surprise

Every organization would priorly plan a budget for a year that would help in compensating the loss that occur during the start of that financial year.

This crisis management budgeting would be a support or a backup for the company if it is about to face a problem or slowdown.

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What does limited liability mean?
shutvik [7]

It basically means that, if you are a shareholder of a certain business, you are only a liability up to the extent where your shares hold you to

4 0
3 years ago
Oak Tree Farms has common stock outstanding at a price of $13 a share. The total market value of the equity is $435,000. How man
vlada-n [284]

Answer:

13,384.62 shares

Explanation:

Current number of shares = $435,000 / $13

Current number of shares = 33461.53846154

Current number of shares = 33,461.54 shares

Stocks outstanding after the reverse stock split = (33,461.54 shares / 5)*2 = 13384.616 = 13,384.62 shares.

So, 13,384.62 shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5.

3 0
3 years ago
Presented below are a number of independent situations.
kakasveta [241]

Answer / Explanation:

(1) Cash   balance   of   $937,790.   Only   the   checking   account   balance   should   be reported as cash. The certificates of deposit of $1,444,000 should be reported as   a   temporary   investment,   the   cash   advance   to   subsidiary   of   $983,730 should be reported as a receivable, and the utility deposit of $188 should be identified as a receivable from the gas company.

(2) Cash balance is $584,650 computed as follows:

Checking account balance                     $514, 570

Overdraft                                                   (18,300)

Petty cash                                                  308

Coin and currency                                    1,370  

                                                               $534, 548

Cash held in a bond sinking fund is restricted. Assuming that the bonds are non current, the restricted cash is also reported as non current.

(3) Cash balance is $617, 620 computed as follows:

Checking account balance                       $617, 620

Certified check from customer                  9, 640

                                                                  $627, 260

The post dated check of  $13,030   should   be   reported as a receivable. Cash restricted   due   to   compensating   balance   should   be   described   in   a   note indicating the type of arrangement and amount. Postage stamps on hand are reported as part of office supplies inventory or prepaid expenses.

(4)  Checking account balance                $46,220

Money market mutual fund                       52, $790  

                                                                  $99, 010

The NSF check received from customer should be reported as a receivable.

(5) Cash balance is $700,900 computed as follows:

Checking account balance                          $716,200

Cash advance received from customer         937  

                                                                     $717, 137

Cash restricted for future plant expansion of $517,960 should be reported as a non current asset. Short-term treasury bills of $190,700 should be reported as a temporary investment. Cash advance received from customer of $937 should also be reported as a liability; cash advance of $7,840 to company executive should be reported as a receivable; refundable deposit of $29,700 paid to federal government should be reported as a receivable.

8 0
3 years ago
can you write a business reflection wherein you discuss the different csr components addressed by ShopRite holdings ltd initiati
Furkat [3]

Reflection in keeping with Walker E. S (2006) p 216 has been described as “a process concerning considering and exploring a problem of challenge, which is triggered with the aid of an enjoy”. This certain method that for there to be a mirrored image, there needs to be an enjoyment, irrespective of it being nice or negative.

Those folks who are business leaders need achievement, however making sure we create self-reflective environments can result in the creativity, power, and motivation that we need for that achievement. The greater people know themselves and others, the more their corporations can reap.

A phenomenon of returning mild from the surface of an object when the light is incident on it is known as a mirrored image of mild. Examples: mirrored image via an aircraft mirror. reflection by using a round reflect.

Learn more about business reflection here:

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6 0
1 year ago
If talent management is effective in a firm, it is most likely that ________________________. a. the voluntary turnover among th
ASHA 777 [7]

Answer:

The correct answer is d. the firm has a succession plan in place for all holders of critical jobs.

Explanation:

The succession plan is the process by which the company identifies that when a key collaborator withdraws or leaves the company, it must be replaced by another that can carry out the functions of the position with the same or better performance since it is not Thus there could be complications for the company's operations. This relay must be planned in a methodical and organized manner before the situation arises, that is, there must be a previous process of preparation for the succession.

Succession in the company is a very important issue that must be addressed and planned to occur naturally and gradually, not as an immediate action to solve a problem. It will depend on the size and organizational structure of each business how the process is carried out; However, it is recommended that all companies be prepared to face the succession process.

5 0
2 years ago
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