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eduard
3 years ago
15

The Crosswind Network Studio has recently been awarded a large contract to create a new children’s television show. This will re

quire the company to move into a new office complete with production facilities that are 300% larger than the current facilities. The schedule is tight for this new project and delay is not an option. The new office is already two months behind schedule. The company is trying to use an incentive fee to motivate the contractor to complete the work as quickly as possible, even if it results in a smaller delay. This is an example of what type of risk response?
a. Accept
b. Mitigate
c. Avoid
d. Transfer
Business
1 answer:
lord [1]3 years ago
5 0

Answer: avoid risk response                                        

 

Explanation: Risk avoidance is indeed a risk management technique through which the management team works to resolve the danger or secure the project against its effects.

It usually calls for adjustments to the project management policy, such as adjustments in applicability or layout or even in the action plan. By improved communication or obtaining abilities, risk recognized at such a preliminary stage can be prevented.

Introduced in important uncertainties that have a significant effect on the plan's feasibility. Project managers typically use this as a high-risk first response technique.

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Answer: (a) Fall

(b) Increase

(c) Increase

(d) Unchanged

Explanation:

Suppose there is a competitive market with a downward sloping demand curve and horizontal supply curve. In a competitive market there are large number of buyers and sellers. So, if there is a downward shift in the supply curve, as a result equilibrium price will fall, equilibrium quantity will increase, consumer surplus now become larger and producer surplus remains the same because of the horizontal supply curve.

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3 years ago
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A physical item that can be touched is called
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Persom

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Beans Coffee & Cocoa Company makes and sells a chocolate-flavored coffee drink under the name "CoCoCafe." Darkroast Java, In
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Answer:

Option C          

Explanation:

Trademark infringement refers to the violation of the exclusive privileges assigned to a trademark without including the permission of the trademark owner and any licensee Violation that arise when one person, the "infringer," uses a trademark that is equivalent or ambiguously related to a trademark used by some other group in connection to goods or services that are equivalent or identical to the goods or services.

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3 years ago
Several company users are frequently forgetting passwords for their mobile devices and applications. Which of the following shou
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Answer:

The correct answer is A. Implement single sign-on.

Explanation:

The single sign-on (SSO), is the working method by which workers gain access to different business applications through a registration procedure. For example, when you log in from your computer, you connect directly to all the computer software. There are two ways of single sign-on:

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With the basic SSO, the password is saved in a "vault", a type of virtual security. This storage usually occurs in the cloud. Then, that vault password is retrieved for all applications that must log in later.

Federated SSO is a more advanced form of single sign-on. In this case, the password data is not stored or transmitted. First, they become tokens. Therefore, another code is created and the original password is not known by any other system.

4 0
2 years ago
1. Issued 30,000 shares of common stock in exchange for $300,000 in cash.
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Solution :

       Assets          =   Liabilities   +   Paid in capital   +   retained earnings

1.   $ 300,000                                  $ 300,000

2.   $ 30,000             $ 30,000

3.   $ 90,000             $ 90,000

4.   $ 50,000                                                                        $ 50,000

5.   $ 5,000                                                                          $ 5,000

6.   $ 6,000                                                                          $ 6,000

7.   $ 70,000            $ 70,000        

8.      --

9.    $ 1,000                                                                          $ 1,000

Point 4 -- the accounts receivable will increase by $ 120,000 due to the credit sales and the cost of goods sold.

Point 6 -- Adjustments entry at the year end for 3 months from January to March 2022 should be reduced from both assets and retained earnings and the adjusted amount would be $ 4500.

Point 8 -- No impact as the cash is collected against the account receivable and both are assets.

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3 years ago
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