Answer:
The correct answer is letter "D": all of the above are true.
Explanation:
Variability in manufacturing represents the differences that arise naturally in every step of the production process. Most firms expect a certain level of variation measured with different methods. If the measure is under acceptable limits, then it is said that the variation is in control.
Answer: loss control and retention
Explanation:
The options to the question are:
A. retention
B) loss control and retention
C) transfer through insurance
D) avoidance
Based on the information given in the question, management techniques would be most appropriate for this problem is the loss control and retention.
Loss control also referred to as risk reduction can be done through the prevention of loss by reducing the probability of risk, thereby minimizing the loss. This will be vital in this scenario as the shoplifting will reduce.
The Judge since he is in charge and what he says goes
They both establish a market price. It is the price that the consumers pay to willing producers. It is defined by the law of supply and demand. The higher the consumer demand the higher the price set by the producers.
Usually, the market price is at the Equilibrium Market Price made with the interaction of the supply and demand.
