Answer:
D) AIG
Explanation:
We went back in time to 2008 and we are in the middle of the subprime mortgage crisis. This is an example of how mortgage backed securities and collateralized debt obligations worked.
The problem with this scenario is that in order for every company involved to be able to make a profit, the mortgages' interest rates skyrocketed which made it harder for families to pay back their loans. This eventually made the families lose their houses and that was the end to the housing bubble and the whole economy collapsed.
Maritime industry is said to be rigid, they take few risks, they have structured contracts so the type of culture here would be the hierarchy culture.
There are 4 types of business culture. These are the:
- Clan culture
- Adhocracy culture
- Market culture
- The hierarchy culture.
The answer here is concerned with the hierarchy culture because this system is traditionally structured. What this means is that they are rigid and have a set way of doing things.
This is what makes them risk averse. It creates room for very little creativity and and they are very slow to making improvements or following changes in the marketplace.
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Answer:
B. Opportunity Cost
Explanation:
Opportunity cost is the alternative forgone or sacrifice made in other to satisfy another want. it refers to the wants that are left unsatisfied in other to satisfy another want.
In the case of Jumar, the money he earned as an office manager ($40,000) could be referred to as the opportunity cost when he started his life coaching business.
The statement, the more familiar customers are with a brand, the harder their decision-making process will be is false.
When the customers are more familiar with a brand, it is not always necessary that the decision-making process will be harder for them. The customers decision depends more on the economical factors as well.
The various brands does play an important role in influencing the customers decision-making process. Brands enable customers to quickly differentiate one firm or product from another.
Hence, it is not always the case where the customers who are familiar with the brand have hard time making decisions.
To learn more about the decision-making process here:
brainly.com/question/19901674
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