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Igoryamba
3 years ago
7

Kim is the risk manager for a large organization. she is evaluating whether the organization should purchase a fire suppression

system. she consulted a variety of subject matter experts and determined that there is a 1 percent chance that a fire will occur in a given year. if a fire occurred, it would likely cause $2 million in damage to the facility, which has a $10 million value. given this scenario, what is the single loss expectancy (sle)?
Business
1 answer:
AlekseyPX3 years ago
7 0

2 million dollars

SLE is Exposure Factor * asset value

Exposure factor is an estimate of the impact of the risk divided by value of asset (2mil/10 mil = .2)

.2*  10,000,000= $2,000,000

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______ factors are things in the global environment that may impact a firm’s operations or success, examples are a rise in inter
castortr0y [4]

Answer:

External.

Explanation:

The external factors in an organization, are all factors of its macroeconomic environment, and which directly or indirectly influence the results of its business, some of these factors can be: capital, inflation, technological changes, political changes, social changes, etc.

It is essential that managers establish in their strategic plans the external environment, so that there is security and control to deal with unexpected changes that can affect the profitability of a company, it is necessary to have control of capital, assets and liabilities, in addition to consider the changes that may occur and are not controllable.

5 0
3 years ago
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the
telo118 [61]

Answer:

a. $175.50 and $11,060,000

b. $31,242,500

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

Variable cost per units = (High total cost - low total cost) ÷ (High units produced - low units produced)

= ($32,120,000- $25,100,000) ÷ (120,000 units - 80,000 units)

= $7,020,000 ÷ 40,000 units

= $175.50

Now the fixed cost equal to

= High total cost - (High units produced × Variable cost per unit)

= $32,120,000 - (120,000 units × $175.50)

= $32,120,000 - $21,060,000

= $11,060,000

Now the estimated total cost is would be

= Fixed cost + expected units of production × variable cost per unit

= $11,060,000 + 115,000 units × $175.50

= $11,060,000 + $20,182,500

= $31,242,500

5 0
3 years ago
Read 2 more answers
Jordan is a manager at a technology firm. When the top management makes decisions, Jordan explains it to his subordinates and gi
ioda

Answer:

In the context of the different leader styles, Jordan uses the participating style

Explanation:

Participative leadership also known as Democratic Leadership Style is a method of leadership that involves all team members in terms of identifying important goals as well as developing strategies and procedures to achieve the goals.

7 0
3 years ago
Being less dependent on suppliers and making profits on both parts and the final product are advantages of:_______.
LenKa [72]

Answer: Vertical integration

Explanation:

vertical integration is simply a situation whereby an organization's or company's supply chain is owned by that organization or company.

Therefore, being less dependent on suppliers and making profits on both parts and the final product are advantages of vertical integration.

4 0
3 years ago
What is enterprenuaship
zimovet [89]

Answer:

A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.

Explanation:

6 0
2 years ago
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