SoCal Movie Company produces movies at a studio in Southern California. The risk manager decided to identify the range of potent
ial consequences associated with various risks that the company faces. For example, if a severe earthquake occurred while the company was filming a movie, there could be deaths and injuries, destruction of movie sets, delays in production, costs associated with filming at an alternative location, and loss of reputation and good will. The type of analysis performed by the risk manager is called _______. a. HAZOP analysisb. SWOT analysisc. Sensitivity analysisd. Scenario analysis
Scenario analysis is defined as the process of analysing future occurences by choosing present alternatives. It shows different future possibilities of an event, and not just one.
It is a for of projection analysis.
For example the manager's analysis is: if a severe earthquake occurred while the company was filming a movie, there could be deaths and injuries, destruction of movie sets, delays in production, costs associated with filming at an alternative location, and loss of reputation and good will.
The correct answer is the option 4: We will have a meeting Friday with HR to learn how to use it. We need to continue to work on the new performance system.
Explanation:
To begin with, if Ms. Jones is looking forward to get her employees to buy the new system then she must tell them that they are going to use and it is important for the company and even more for them to have it in order to use it later because that will bring more benefits for everyone. Therefore that when she tells them that there is a meeting soon that will focus in the fact of learning how to use it and that it will show the importance of using it, the employees will feel the necessity of acquiring it for that reason.
the athletic program reduced local energy consumption and planted trees.
Explanation:
When you reduce your energy consumption, the generation of greenhouse gases will decrease. Even though a house uses electricity and not wood or coal, many times coal or other fossil fuels are used to produce electricity. By lowering its consumption, less electricity will be produced and less coal and other fossil fuels will be burnt.
By planting more trees, the total amount of carbon dioxide absorbed by them will increase. Trees convert carbon dioxide into oxygen which also helps to clean the air.
Participative decision-making is the process by which an employee share or participate in decision-making in an organisation. This gives avenue for employees to voice their opinions and contribute their knowledge.
Participative decision-making results in better decisions that carries employee along and increases their buy in to the achievement of organisational goals and objectives.
Employees feel a sense of ownership because they were involved in the decision making process.
