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Orlov [11]
3 years ago
14

Your project sponsor has asked you to explain the negative or threat risk response strategies and the opportunity or positive ri

sk response strategies for a project. How would you describe them to the sponsor
Business
1 answer:
Semmy [17]3 years ago
3 0

Answer: kindly check explanation

Explanation: Risk as related to a project may be reffered to as occurrences or factors which could affect a project, they may not always be negative as usually perceived, they may be positive. Hence, when a perceived negative risk is perceived, it is essential to escalate and ensure that the necessary stakeholders become aware so as to find ways of mitigating or avoiding such happening.

In the case of positive risk or opportunity, escalating is equally important as it ensures relevant executives are aware and hence work on ways or processes to foster, embrace and exploit the advantage.

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Standards differ from budgets in that
Setler [38]

Answer:

D) budgets are a total amount and standards are a unit amount.

Explanation:

For each given choice in the question explanation is provided below as to why its or its not the correct answer.

A) only budgets contribute to management planning and control.

Both budgets and standards contribute in the planning and control are of the company. Therefore, this option is incorrect.

B) budgets but not standards may be used in valuing inventories.

Once gain both are used for valuing inventory, this is due to the fact that budget contains details gathered in standard costing. Therefore, this option is incorrect.

C) budgets but not standards may be journalized and posted.

Both the budget and standard are journalized and posted in the accounting system. Therefore, this option is incorrect.

D) budgets are a total amount and standards are a unit amount.

As standards are unit amounts which contributes in preparing the budget which are total amounts.

Hence, option D is correct.

3 0
3 years ago
BigBox and CheapStore are the only two firms in a market. Each firm must decide whether to price high or price low. The payoffs
Papessa [141]

I would need to see the chart but if BigBox has more, it would be they are the dominant, and same for CheapStore. basically, whoever has more revenue (money production) will have the dominant strategy.

8 0
3 years ago
Neal and Ned spend $25,000 on travel, surveys, and financial forecasts toinvestigate the possibility of opening a bagel shop in
vlabodo [156]

Answer:

a. The $25,000 is deductible as a current expense.

b. The $25,000 is still deductible as a current expense.

Explanation:

a.They open a bagel shop in the city?

The $25,000 spent on travel, surveys, and financial forecasts will be treated as an an ordinary and necessary business expense. The reason is that it is spent to carry out an investigation necessary for expanding their already existing business. Therefore, the $25,000 is deductible as a current expense.

b. They decide not to open a bagel shop in the city?

It does not matter whether they open the bagel shop in the city or not. The $25,000 spent on investigation will still be treated as an an ordinary and necessary business expense, since it is spent to expand existing active business. The $25,000 is still deductible as a current expense.

7 0
3 years ago
A ________ externality exists when the number of customers who purchase a good or use it influences the quantity demanded.
aleksandrvk [35]

Answer: network

Explanation:

Network externality simply states that demand for a good or service has to do with how other people demand for that particular good or service. It means consumer's buying patterns are influenced by the purchase of others buying the product.

Therefore, a network externality exists when the number of customers who purchase a good or use it influences the quantity demanded.

3 0
3 years ago
In response to complaints about high prices, a grocery chain runs the following advertising campaign: "If you pay your child $6
Rufina [12.5K]

Answer:

ROE : Net Income / Equity : $32 / $92 = 34,8%

Explanation:

To calculate the ROE its necessary to know the Equity of the company which is the difference between the Total Assets and the Total Debt.

Total Assets : $485

Total Debt : $393

Equity : $92

Net Income : $32

ROE : Net Income / Equity : $32 / $92 = 34,8%

The ROE it's a measure that let me know the financial performance of the company, its a good indicator of how efficiently the company it's handling the investor's money.

5 0
3 years ago
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