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Leno4ka [110]
3 years ago
15

When the company is hosting an event, managers should assign event preparations to a ________. Preparations include trucking in

different kinds of equipment and setting it up over several acres; installing sufficient security, first aid, and portable restrooms throughout the course; and having food and drink delivered, as well as marketing the event and enrolling participants.
Business
1 answer:
zimovet [89]3 years ago
8 0

Answer:

The correct word for the blank space is:  cross-functional team.

Explanation:

Cross-functional teams are groups of people working for a common objective with different functional experience. Employees from the departments of accounting, marketing, logistics, and human resources could be within the organization. <em>Catering </em>firms fall under this type of category.

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Suppose Latasha comes into a large sum of money and decides to lend it out to earn interest on it. She realizes, however, that e
qwelly [4]

Answer:

moral hazard

Explanation:

Banks reduce the risk of moral hazard when they monitor and supervise how their clients are using the loans and credits made to them.

Some types of credits do not require any type of monitoring or control, e.g. a credit card which a client can use basically however he/she wants to. But other types of credit that are taken for purchasing assets, e.g. a mortgage, must be used by the bank's client to specifically carryout the intended activity.

In economics, moral hazard refers to the tendency that an economic party can engage in unusually risky activities because the capital (money) that they are investing is not theirs and the negative effects of a potential loss will be suffered most by other parties.

5 0
3 years ago
The most powerful of the five competitive forces is usually: Select one: a. The competitive pressures that stem from ready avail
Bezzdna [24]

Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

The Porter’s five forces of competition is a framework developed by Michael E. Porter in 1979, it is used to measure and analyze an organization's competitiveness in a business environment.

The Porter's five forces of competition framework are:

1. The bargaining power of suppliers.

2. The bargaining power of customers.

3. Threat posed by substitute products.

4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

The most powerful of the five competitive forces is usually the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage. When the amount of competitors (sellers), as well as the quantity of goods and services they provide are large, the lesser their competitive strengths or advantage in the market because the customers have a large pool of finished goods and services to choose from and vice-versa.

3 0
3 years ago
What type of loan uses real estate for security?
Alchen [17]

Answer:

A second mortgage loan uses real estate for security

4 0
3 years ago
PLEASE HELP ASAP (EASY)
butalik [34]

Answer:

2

Explanation:

you're capable of reaching more people with a website

7 0
3 years ago
According to the passage, Midwestern farmers have surplus grain to sell. This is an example of A) business cycle. B) comparable
cestrela7 [59]

Answer:

A

Explanation:

6 0
3 years ago
Read 2 more answers
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