1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulsSmile [24]
3 years ago
8

Which activity relates to the strategy of transferring risk

Business
2 answers:
Travka [436]3 years ago
4 0

Answer:

A. Brainstorming with staff

Explanation:

Risk transfer is a risk management strategy that is not used very often, and tends to be more common in projects where there are several parties. Basically, you transfer the impact and risk management to someone else. For example, you have a third party hired to write your software code, you can then transfer the risk of possible errors in the code to the third party. He will be responsible for managing that risk.

Transfers are usually formalized in project contracts. Insurance is another good example. If transportation of equipment is part of your project and the vehicle was involved in an accident, the insurance company will be responsible for providing new equipment to replace any damaged one. The project team recognizes that the accident can happen, but will not be responsible for handling replacement kits, or paying for damages, as it is now the responsibility of the insurance company.

As team consent is essential for risk transfer to be effective within a company, team brainstorming is an activity related to risk transfer. This is because through the group brainstoming to debate solutions to a problem, how to avoid them and who will be responsible for them.

julia-pushkina [17]3 years ago
3 0

Risk transferring refers to taking risk or risk that may occur from one party and moving it to another. If there was a chance risk may occur, conducing a 'what if' analysis will allow the organization to see what may happen if they do or do not transfer risk to another party.

You might be interested in
You own shares in a well-managed and diversified company. If a bustling economy increases investors' concerns about market risk,
Soloha48 [4]

Answer:

C. Increase

Explanation:

A bustling economy will make individuals want to take advantage of the opportunity. It’s however normal for prices of a good or service to increase when there is a huge demand for it.

In this case there was a boom in the economy which means the price of the shares he owns in the company will increase.

3 0
3 years ago
What is the historical development of accounting​
Vaselesa [24]

Answer:

Accounting history dates back to ancient civilizations in Mesopotamia, Egypt, and Babylon. For example, during the Roman Empire the government had detailed records of their finances. However, modern accounting as a profession has only been around since the early 19th century. The earliest accounting records were found over 7,000 years ago among the ruins of Ancient Mesopotamia. At the time, people relied on accounting to keep a record of crop and herd growth.

Explanation:

4 0
3 years ago
Which aspect of the Omnibus Trade and Competitiveness Act allows a U.S. president the authority to restrict sales of a country’s
Kipish [7]

Answer:

Market Access

Explanation:

Based on the information provided within the question it can be said that the aspect that is being mentioned is known formally as Market Access. This term refers to the process of making sure that anyone who may benefit has fast and easy access to the brands that are being sold and at the correct price, and that there are no unfair restrictions being imposed.

3 0
4 years ago
A different ethanol processing facility costs $800,000 to construct but will instead last forever.Every year (starting the year
iragen [17]

Answer:

r = 5%

Explanation:

Construction cost 800.000

# of barrels produced 10.000

Price per barrel $4

let the interest rate = r

Equate the net present value = 0

800000 = 10000 x 4/(1 + r) + 40000/(1 + r)2 + .......

800000 = 10000 x 4/r

r = 5%

8 0
3 years ago
Putting together two or more parcels of land to make a large piece is called:________.
NeTakaya

Answer:

Assemblage.

Explanation:

In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.

<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>

6 0
3 years ago
Other questions:
  • Thomas was a warehouse specialist at Finkorg, a company that sells consumer durables. When the company was going through a finan
    8·1 answer
  • What is debit note received
    5·1 answer
  • When a firm recognizes the critical importance of its employees by attempting to provide good conditions and opportunities, it s
    11·2 answers
  • Consider how McKnight Valley River Park Lodge could use capital budgeting to decide whether the $ 11 comma 500 comma 000 River P
    12·1 answer
  • Borchardt Corporation has provided the following data concerning last month’s operations. Direct materials $ 29,000 Direct labor
    15·1 answer
  • Pamela applies for a life insurance policy with forever young insurance company. when completing the application form about past
    8·1 answer
  • President Ronald Reagan
    8·1 answer
  • Jennifer took a video recording of Jack and Alice fighting in an alley. Jack and Alice disclose multiple private facts about eac
    9·1 answer
  • Who first discovered America?
    9·2 answers
  • prepare the journal entry to record double declining balance depreciation expense for the forklify for year 2
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!