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3 years ago

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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Lower inventory levels Group of answer choices make processes less dependent on each other while revealing bottlenecks more quic

Nat2105 [25]

Answer:

The correct answer will be "more dependent on each other while revealing bottlenecks more quickly".

Explanation:

Maintaining low inventory rates seems to be a common goal for businesses around logistics as well as inventory. Inventory needs supervision and is responsible for the costs.
A traditional inventory manager could use the level of inventory including the sale of products and services to assess the best period whether to produce more, whether they control the manufacturing of a supplier, as well as to acquire more when the commodity is kept as stock in something like a department store.

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2 years ago

One who brings resources into Combinations that man

ankoles [38]

Answer:

A... An economist is an expert who studies the relationship between a society's resources and its production or output.

B... A psychologist is someone who studies mental processes and human behaviour by observing, interpreting, and recording how people relate to one another and the environment.

C....person involved in the business sector – in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by utilizing a combination of human, financial, intellectual and physical capital

D... Capitalism is the social system based upon private ownership of the means of production which entails a completely uncontrolled and unregulated economy where all land is privately owned.

Explanation:

So the right is

Please mark my answer as brainlist

8 0

2 years ago

Monroe Construction Company uses the percentage-of-completion method of accounting. In 2013, Monroe began work on a contract it

deff fn [24]

Answer:

$2,400,000

Explanation:

Costs incurred during 2013 + estimated costs to complete (2014) = $9,600,000 + 6,400,000 = $16,000,000

The gross profit for all the project should be $20,000,000 - $16,000,000 = $4,000,000.

The $4,000,000 gross profit should be distributed as follows:

2013 = ($9,600,000 / $16,000,000) x $4,000,000 = $2,400,000

2014 = ($6,400,000 / $16,000,000) x $4,000,000 = $1,600,000

7 0

3 years ago

Suppose that a firm operating in perfectly competitive market sells 200 units of output at a price of $3 each. Which of the foll

miv72 [106K]

Answer:

The correct answer is option i.

Explanation:

A firm is operating in a perfectly competitive market.

The firm is selling 200 units of output.

The price of each unit of output is $3.

In a perfectly competitive market, a single firm faces a horizontal line demand curve. This horizontal line represents demand, price line, average revenue, and marginal revenue.

So if the price is $3, it implies that the marginal revenue and average revenue is also equal to $3.

The total revenue is $600.

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3 years ago

The spatial ability of visualization is the ability to ____(A) examine and compare numbers, letters, and objects quickly.(B) com

alexandr402 [8]

Answer:

C: imagine how separatethings will lokk if they were put together in a particular way.

Explanation:

The person that has the spatial ability of visualization is able to change things around them and visualize a perfect location for them because this skill is a manifestation of their perceptions and the facility they have for remembering things, places, distances, positions, etc. They visualize the perfect place for objects.

5 0

3 years ago