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Vlad1618 [11]
3 years ago
5

Project manager Claire and her team need to minimize project risks, Help them match the step to minimize risk to what each step

involves,
Identifying risks


ovaluating risks


prioritizing risks


mitigating risks


determine which risks should be considered for resolving


take into consideration internal and external factors


relate to contingency plans in case a risk occurs in a project


determine the likelihood that risks will affect the project
Business
1 answer:
liraira [26]3 years ago
5 0

Answer: Please refer to Explanation

Explanation:

IDENTIFYING RISKS - Determine which risks should be considered for resolving.

This is where you find out what risks could face a project.

EVALUATING RISKS - Take into consideration internal and external factors.

Quite a number of things go into the Risk Evaluation process but definitely considering the Internal and External Environment is integral to finding out important details like source and impact of risk.

PRIORITIZING RISKS - Determine the likelihood that risks will affect the project.

Every project has risks but some risks are more probable than others. The more probable ones should therefore be prioritized based on the likelihood that they might happen.

MITIGATING RISKS - Relate to contingency plans in case a risk occurs in a project.

Plans need to be made to ensure that should the risk eventually come to fruition, these plans can be initiated to mitigate the impact.

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An international denim brand asks its advertising agency to create a campaign to instill an emotional connection to the brand in
grin007 [14]

Answer:

The brand is trying to come up with an advertising appeal.

Explanation:

Here an international denim brand wants its advertising agency company to come up with an advertising appeal, which would be able to grab attention of the young people and these people would be able to emotionally connect to the brand and thus through this appeal they would be able to persuade the consumers to buy their products.

5 0
3 years ago
On January​ 2, 2019, Konrad Corporation acquired equipment for $ 800,000. The estimated life of the equipment is 5 years or 31,0
fredd [130]

Answer: $250,000

Explanation:

Depreciation expense using the unit of production method:

[(Actual cost - Salvage value) / total estimated productive capacity] × actual productive capacity

$800,000 - $25000 / 31,000 = 25

25 × 10,000 = $250,000

7 0
3 years ago
The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more
Savatey [412]

Answer:

4.28 grams

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:

z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score

Given that:

P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams

P(x > 5.1 grams) = 5%

P(x < 5.1 grams) = 100% - 5% = 95%

P(x < 5.1) = 95%

From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:

1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams

5 0
3 years ago
Millions of software programs have been created and have helped to improve the economy. This is an
I am Lyosha [343]

Answer:

new technology.

Explanation:

An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.

Additionally, an information system or technology comprises of five (5) main components;

1. Hardware.

2. Software.

3. Database.

4. Human resources.

5. Telecommunications.

Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.

Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.

3 0
3 years ago
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement
matrenka [14]

Answer:

Net operating income= 46,500

Explanation:

<u>First, we need to calculate the unitary contribution margin:</u>

Unitary contribution margin= 152,000 / 7,600

Unitary contribution margin= $20

Now, the net income for 7,500 units:

Total contribution margin= 20*7,500= 150,000

Fixed expenses= (103,500)

Net operating income= 46,500

8 0
3 years ago
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