Answer:
Explanation: If a court had to construe a contract between Wire Co and a copper company based on industry practice. Means that A legal document that will state the entire business operation would have to be drawn down before any business transaction commences between the parties.
She is using participative leadership. <span>Participative leadership</span><span> is a method of leadership that involves all team members identifying important goals as well as developing strategies and procedures. Participative leadership can be perceived as a leadership style that rely primarily on functioning as facilitator that the one who simply issues commands or orders or making assignment for each member of the team.
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Answer:
The answer is monopolistic competition.
Explanation:
Monopolistic competition refers to a market type where there are several producers who sell the same type of products, but differentiated from one another; thus making their products unable to be substituted for one another. This is the case in the scenario at the question; though there are multiple companies producing natural and artificial flavorings, due to the different in how they taste, each company’s product cannot be substituted with one another’s.
Answer:
Risk analysis is the management and control and assessment of risk to a firm.
Explanation:
- A risk is a likelihood that a project will fall to meet its objectives. A project risk s a certain event or condition. Risk management focuses on identifying and assessing the risks of the project to minimize the impacts.
- Some of the management tools to manage risks are to plan risk management, risk identification, perform a quantitative risk analysis. Risk audits, meetings, reserve analysis, variance, and trend analysis, etc.
- Compute the risk to the stakeholders and monitor and control the risks. Check for incidence and determine future outcomes.
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