There are five barriers commonly plaguing loyalty program in achieving real success. First is, Loyalty program is a loyalty approach. Customers wants to purchase and have an exchange of value as a result. Second, the marketing department is responsible for loyalty program. Customer is always at the center of decision-making. Third, customer profitability is the key indicator. Fourth, build a program, the data will come. Giving what the consumer wants is easier, if you know what it is. Lastly, technology makes it easy. We all know that technology can be a key ingredient of a loyalty program, but do not eliminate customer choice.
Answer:
Risks of the project include
disruption in the highway during renovation process. - High risk
Poor material used in the construction - High risk
Rainfall may delay the work process. - Medium risk
Traffic flow management will be difficult during peak hours. - Medium risk
Dust and noise during the construction will disturb the society. - Low risk
Explanation:
The risk register includes Risk description, its impact in terms of probability and measures to mitigate such risk. There are many potential risks that are associated with the construction of the bus shelter. The risks are not acceptable as the highway disruption should be kept to minimum and any delay in the work is not tolerable. These risks are reduced by deploying extra labors so that the renovation work is completed on time.
Answer:
The annual loss expectancy (ALE) is:
= $1,500.
Explanation:
a) Data and Calculations:
Single loss expectancy (SLE) = $500
Annual rate of occurrence (ARO) = 3
Therefore, the annual loss expectancy (ALE) = SLE * ARO
= $500 * 3
= $1,500
b) The Annual Loss Expectancy is calculated by multiplying the annual rate of occurrence (ARO) by the single loss expectancy (SLE). While SLE represents the expected monetary loss every time a loss or risk occurs, and ARO is the probability that a loss or risk will occur in the year under consideration.
I think it is the return or benefits in other ways....