The analytic technique utilized after an adverse event occurs to prevent its recurrence is called Root cause analysis.
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What are the root cause analysis five steps?</h3>
- Root cause analysis is a technique for problem-solving used in science and engineering to determine the underlying reasons of errors or issues.
- It is frequently utilized in areas like information technology operations, telecommunications, industrial process control, accident investigation, and the healthcare sector.
- Realize the Issue: To start, you must decide what went wrong.
- Gather a Good Amount of Information.
- Determine the Related Causal Factors.
- Create a conclusion.
- Make any necessary adjustments.
- The analytic technique utilized after an adverse event occurs to prevent its recurrence is called
- Root cause analysis.
To learn more about the Root cause analysis, refer to the following link:
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Answer: Joint venture
Explanation: A joint venture can be defined as a business entity, that is created by two or more firms by shared ownership or sharing in risk and returns. The joint venture is usually done by the firms for targeting new emerging markets to increase their customer base.
In the given case, Arboren is a new company and is formed by the joint ownership of three existing firms.
Hence, from the above we can conclude that this is an example of Joint venture.
Production costs are high and require high volumes to achieve profitability.
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Explanation:</u></h3>
One of the largest challenges that will be faced by the potential competitors when they try to enter an industry will be that they will face that cost of production will be higher and they would require higher volumes for achieving profits. When a company is new to an industry there will be competitors who are already established well on that particular industry.
The challenges and the opportunity that are in existence will be well known to the existing competitors. They already have buyers and suppliers chain. Hence, the new entrant will have higher production cost and also they require higher volumes to achieve profits.
Answer: The correct answer is "B. $10,000; 4%; four years".
Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the first, second, and third years and pays $10,400 upon its maturity at the end of four years. The principal amount of this bond is <u>$10000,</u> the coupon rate is <u>4%,</u> and the term of this bond is <u>four years.</u>
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Explanation: The maturity of the bond is at 4 years.
Its future value or face value is 10000.
The coupon rate is equal to
x 100
So Coupon rate =
x 100 = 4%