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2 years ago

What is a guiding principle of composite risk management?

Business

1 answer:

xxMikexx [17]2 years ago

7 0

Explanation:

The basic principle for the risk management are as follows -

1. Do not accept unnecessary risk - unnecessary risk comes without commensurate benefits. Only absolutely necessary while Missions must be undertaken while exposing personnel and resources to the lowest possible risk.

2. Make decisions at appropriate levels to establish clear accountability, which means those responsible for success or failure must be involved in the risk decision making.

3. Accept risks when benefits outweigh the costs.

4. Integrate operational risk management (ORM) into operations and planning at all levels.

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_____________ occurs when circumstances have allowed several large firms to have all or most of the sales in an industry.

andriy [413]

An oligopoly occurs when circumstances have allowed several large firms to have all or most of the sales in an industry.

Oligopoly markets are markets dominated with the aid of a small range of suppliers. They can be determined in all international locations and throughout a large range of sectors. some oligopoly markets are aggressive, even as others are appreciably much less so, or can as a minimum seem that way.

A number of the most exquisite oligopolies within the U.S. are in film and television production, recorded track, wi-fi companies, and airlines. for this reason the 1980s, it has become greater, not unusual for industries to be ruled with the aid of or three companies. Merger agreements among foremost gamers have ended in industry consolidation.

An oligopoly is a market structure in which a market or enterprise is ruled by means of a small wide variety of big sellers or manufacturers. Oligopolies regularly end result from the choice to maximize profits, leading to collusion among corporations.

Learn more about oligopoly here brainly.com/question/3227891

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3 0

1 year ago

Using the method of your choice, calculate the Net Present Value of the following cash flows. Assume that the required return on

mezya [45]

Answer:

E. $78

Explanation:

The computation of the net present value is shown below:

Net present value is

= Initial investment + year cash inflows ÷ (1 + discount rate)^number of years + year cash inflows ÷ (1 + discount rate)^number of years

= -$150 + $175 ÷ 1.15 + $100 ÷ 1.15^2

= $77.78

= $78

Hence, the correct option is E. $78

8 0

3 years ago

The company can manufacture either 3 couches per machine hour or 2 bed(s) per machine hour. The company's production capacity

e-lub [12.9K]

Answer:

Based on the available information, the company should produce 27,900 units of couches in a month. This decision may be different if we have the product profitability information in terms of contribution of each product.

Explanation:

Couches Bed(s)

Production per machine hour (unit) 3 2

Available Capacity (Machine hour per month) 9,300 9,300

Total possible production (unit) (9,300 x 3)-Couches 27,900

Total possible production (unit) (9,300 x 2)-Bed 18,600

Based on the available information, the company should produce 27,900 units of couches since it is the production activities that produces a higher number of units in a month compared to the production of beds which can only yield 18,600 units considering the available production capacity of 9,300 machine hours per month.

The decision may be different if we have the product profitability information in terms of contribution of each product.

4 0

2 years ago

Tawstir Corporation has 400 obsolete personal computers that are carried in inventory at a total cost of $576,000. If these comp

34kurt

Answer:

If the company upgrades the units, income will increase by $20,000 (compared to sell as-is).

Explanation:

Giving the following information:

Units= 400

If these computers are upgraded at a total cost of $100,000, they can be sold for a total of $160,000.

As an alternative, the computers can be sold in their present condition for $40,000.

We won't take into consideration costs before the upgrade, because they will remain in both options.

Sell as-is:

Effect on income= $40,000 increase

Continue processing:

Effect on income= 160,000 - 100,000= $60,000 increase

If the company upgrades the units, income will increase by $20,000 (compared to sell as-is).

7 0

3 years ago

The two-step flow supports the notion that consumption styles are primarily influenced by a "trickle-down" or "trickle-up" effec

Sedbober [7]

Answer: False

Explanation:

The two-step communication is used in situations to explain that messages should be directed by the mass communicators to opinion leaders. Once this is done, the opinion leaders will then deliver such messages to other people.

The the notion that consumption styles are primarily influenced by a "trickle-down" or "trickle-up" effect from mass media is wrong.

3 0

3 years ago