Using your answers from the previous question, give one way to manage or lessen the risk you identified.

Devon and Edmond enter into a contract for the closing of a sale of Devon's recording studio. When Edmond's schedule conflicts,

aleksandrvk [35]

Answer:

Option A; DELEGATION.

Explanation:

Delegation is an administrative process of getting things done by others by giving them responsibility.

Example is a manager asking a subordinate to take over his duties at a meeting. However, the person who delegated the work remains accountable for the outcome of the delegated work.

Delegation simply means empowering a subordinate to get a work done (i.e. a transfer of authority from a superior to a subordinate).

Since Edmond asks Ferdie to perform his duties at closing because of his own conflicting schedule, therefore, this transfer of duties is called DELEGATION.

3 0

3 years ago

Read 2 more answers

The deadweight loss associated with output less than the competitive level can be determined by A. subtracting the consumer surp

SSSSS [86.1K]

Answer:

C. subtracting the competitive level producer surplus from the producer surplus associated with less output

Explanation:

A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.

Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.

The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output

7 0

3 years ago

The Burger Doodle restaurant chain purchases ingredients from four different food suppliers. The company wants to construct a ne

Fittoniya [83]

Given Information:

Site 1: x1 = 360 , y1 = 180

Site 2: x2 = 420 , y2 = 450

Site 3: x3 = 250 , y3 = 400

Solution:

Xa = 200, Ya = 200, Wa = 75

Xb = 100, Yb = 500, Wb = 105

Xc = 250, Yc = 600, Wc = 135

Xd = 500, Yd = 300, Wd = 60

If centre of gravity is (x,y)

then x = (200*75+100*105+250*135+500*60)/(75+105+135+60)

x = 238

then y = (200*75+500*105+600*135+300*60)/(75+105+135+60)

y = 444

Using centre-of-gravity method, location of distribution centre = (238,444)

Using rectilinear distance,

Load distance score of Site 1: 75*(abs(360-200)+abs(180-200))+105*(abs(360-100)+abs(180-500))+135*(abs(360-250)+abs(180-600))+60*(abs(360-500)+abs(180-300)) = 161550

Load distance score of Site 2: 75*(abs(420-200)+abs(450-200))+105*(abs(420-100)+abs(450-500))+135*(abs(420-250)+abs(450-600))+60*(abs(420-500)+abs(450-300)) = 131100

Load distance score of Site 3: 75*(abs(250-200)+abs(400-200))+105*(abs(250-100)+abs(400-500))+135*(abs(250-250)+abs(400-600))+60*(abs(250-500)+abs(400-300)) = 93000

Site 3 tends to be optimal as it offers a lower distance ranking.

8 0

4 years ago

Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar w

sweet-ann [11.9K]

Based on accounting principles, Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar would record potential claims in a(n) Warranty Liability account.

This is because a Warranty Liability account is a type of account that is established to record the number of the repair or replacement costs that a company expects to incur for commodities already shipped or services already conducted.

Warranty Liability account or Estimated Warranty Liability account are used mostly by firms that offer products that have warranty periods.

Hence, in this case, it is concluded that the correct answer is a Warranty Liability account.

Learn more here: brainly.com/question/15457683

7 0

3 years ago

A company can be socially responsible by having employees volunteer their time. True or False?

NikAS [45]

Answer:

true

Explanatio

6 0

3 years ago