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Annette [7]
3 years ago
8

What is the intersection of the assessed probability and severity of a hazard called in the RM process?

Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

(1) Assessment

Explanation:

The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'

Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.

Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.

In summary, risk management usually views risk as a function of probability and impact.

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One disadvantage of a partnership is lower monitoring costs. limited liability. difficulty raising funds. it permits greater spe
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The correct answer is difficulty raising funds.

If a business is owned by a partnership, the company is limited to the amount of money that the partners have to invest. This is different from corporation, because when this type of business needs for funds they can sell more stock.

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In July, 2013 the consulting firm Mercer released results from a survey where workers in the U.S. expected a 2.9% increase in pa
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Answer:

A 2.9% pay increase in 2014 for U.S. workers will cause the AS (aggregate supply) curve to shift inward in the short-run, signaling a decline in the quantity supplied.

Explanation:

The supply quantity declines because a pay increase increases suppliers' cost of production and reduces their ability to produce more goods and services.  On the contrary, a fall in workers' pay causes the aggregate supply curve to shift outward, thereby increasing the quantity supplied.  In the long-run, the pay increase will increase aggregate demand, thereby pushing prices to increase, while, at the same, suppliers try to increase the quantity supplied to meet with increased prices and demand.

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3 years ago
CarCut Corporation has been employing the Fixed-Order Quantity model to manage the inventory of its best selling 3D printer. The
vfiekz [6]

Answer: See explanation

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A Truss Above, a home builder in the United States, secures products such as roofing shingles, cabinets, and plumbing materials
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The practice that sees the contractor using outside suppliers to build homes is known as <u>Importing</u>.

<h3>What is importing?</h3>

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Truss Above is engaged in importing when it buys goods from outside suppliers and then uses it in the United States.

Find out more on importing at brainly.com/question/13663581.

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6 0
2 years ago
Explain how each of the following will affect the net public​ debt, other things being equal. a. ​Previously, the government ope
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Answer:

A. - The net public debt decreases

The net public debt decreases because the government has obtained more funds in tax revenue. For this reason, the government will likely run a budget surplus.

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C. - The net public debt remains unchanged

There was a transfer of funds from one government agency to the other, and the net effect of such transfer is likely to be very small to make any significant change in the net public debt. The net public debt remains unchanged.

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