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Alex73 [517]
3 years ago
8

What is a guiding principle of composite risk management?

Business
1 answer:
xxMikexx [17]3 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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A boss tells her employee, "If you don't get me those figures in the next five minutes, you're fired!" This is an example of whi
kiruha [24]

Answer:

Coercive power

Explanation:

This boss is exercising coercive power. Such a power stems from a place of authority. The boss is hereby using force to ensure that this employee follows orders. In a situation whereby the employee fails to do what is expected of him, such a boss has the power to punish this boss for not complying with set instructions. This type of power can be used to make sure that Employees remain disciplined in an organization.

4 0
3 years ago
Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc
Vinvika [58]
The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
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4 years ago
Quuizlet the two common methods of processing credit and debit card transactions are
Elenna [48]
There are two main ways to process debit and credit card transactions. The first is to swipe the card on a machine that reads your information based on your strip. The strip will automatically take money from your debit account with a PIN authorizing the transaction. If you swipe a credit card, it will ask for a signature. Another way a machine can read your information is by use of a chip. The chip is embedded in the card and it reads and authorizes your information once its slid in and accepted.  
4 0
3 years ago
An entrepreneur opened a specialized business on her land. After using up most of her capital to purchase inventory, however, th
gregori [183]

Answer:

C) The friend may sell the land only after formally foreclosing on the property.

Explanation:

The friend is not the current owner of the land, but he will be if he forecloses the property. The friend received the deed for security purposes, but the ownership was not transferred. This deed can be treated as a mortgage and the friend (creditor) needs to foreclose it thorough a judicial actions before being able to sell it to a third party.

The friend may sell the land, but only after formally foreclosing

8 0
3 years ago
As consumers, we have to make decisions because ?
Leno4ka [110]

Answer: As consumers, we have to make decisions because our wants are <em><u>unlimited but our resources are limited</u></em>. Since you have two of the same choices, I am assuming there is a typo and this is the choice that should be there.

Explanation:

As a consumer, there is so much that can be bought but financially most people can't afford everything. When buying an item, it is up the consumer to determine if they can afford the item or go without it. Sometimes, we buy the item even though we can't afford it and then regret the purchase. To satisfy a persons wants, a budget must be in place to be able to save money to purchase items.

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3 years ago
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