It is true that Enterprise risk management is a valuable approach that can better align security functions with the business mission while offering opportunities to lower costs.
<h3>What is Risk Management?</h3>
In order to limit, monitor, and control the likelihood or impact of unfortunate events or to maximize the realization of possibilities, risk management entails the identification, appraisal, and prioritization of risks (defined by ISO 31000 as the influence of uncertainty on objectives).
Instability in global markets, threats from project failures (at any stage of design, development, production, or maintenance of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with uncertain or unpredictable root causes are just a few examples of the many different types of risks that can arise.
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Answer:
Explanation:
Ursula needs $19,000 or in other words FV (Future value)
She has savings of $2000 and trade in of $800 or in other words she has $2800. She needs to borrow $16200 (19000-2800)
Also, she wants monthly payment to be $282. To find which answer fits best, let's check each of them.
A) APR =78% or mothly rate of 78/12 = 6.5%; 48 months
Using financial calculator:
Rate = 6.5%
n = 48
PV = $16200
Find PMT? PMT = 11068
This is not the right answer
B) APR = 78%, monthly rate=6.5%
n = 60
PV = $16200
Find PMT? PMT = 1077.6
This is not the right answer
C) APR = 7.8%; monthly 0.65%
n =72
PV = $16200
Find PMT? PMT = 282.4
This is the correct option
Answer is - C
Answer:
$831,600
Explanation:
The budget must account for all of the production of the first quarter and 20% of the production of the second quarter, the number of boots considered in the budget is:
Assuming that each boot uses exactly 2kg of raw material and that the company has 19,200 kg on hand, the amount of raw material still required is:
If the cost per kg is $9, then the budgeted materials purchases cost for the first quarter is:
The budgeted materials purchases cost is $831,600.
-Inelastic means that the consumers will still purchase the product at the same rate despite price changes.
-The answer would be cancer medication, because the consumer would still need to buy this regardless of price. Even if it puts them in a financial bind.
-When having your on a car or watch, if the price of that item increases, you could be less likely to buy it.
-When picking out a hamburger at a restaurant, the customer is most likely to by a cheaper burger if they are on a budget.
