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Kisachek [45]
3 years ago
10

3. Project Manager John Boy has a policy of only using experienced, dependable, and proven sellers instead of selecting sellers

through open competition as a means to manage procurement risk. What risk management technique is John Boy using? A. Risk Acceptance. B. Risk Mitigation. C. Risk Transfer D. Risk Avoidance.
Business
1 answer:
shutvik [7]3 years ago
7 0

Answer: Risk mitigation

                                                           

Explanation: In simple words, risk mitigation refers to the strategy in which the management of an organisation tries to reduce the threat that may occur to the business in future by taking suitable risk in present.

Usually the threats it reduces related to the problems affecting the continuity of the business.

In the given case, The manager of the company is employing highly qualified personnel instead of less qualified to manage procurement risk. Hence he is taking actions to reduce risk that may arise in future. Thus, the correct option is B.

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performance and management provides __________ and ____________ integration of different elements that makeup an organization
larisa86 [58]

Answer:

The correct answer is letter "C": Technological; social.

Explanation:

Performance management is the approach practiced by high-rank executives within an organization to provide employees with the right tools so they can perform their duties efficiently. The approach does not only involve giving workers ultimate technology but also training so they learn how to use the tools and feedback to improve their performance. The practice combines then technological resources with interpersonal activities that are likely to boost employees' efficiency and commitment.

6 0
3 years ago
Joe wants to be able to purchase a dream car on January 1,2004, just after he graduates from college. Joe has had a part time jo
Bad White [126]

Answer:

FV= $46,031.45

Explanation:

Giving the following information:

Monthly deposit= $450

Number of months= 59

Interest rate= 0.21/12= 0.0175

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {450*[(1.0175^59) - 1]} / 0.0175 + 450

FV= $46,031.45

5 0
3 years ago
The standard quantity allowed for the units produced was 4,500 pounds, the standard price was $2.50 per pound, and the materials
katrin2010 [14]
The standard quantity that is produces is multiplied to the standard price. The product is subtracted to the quantity variance and will be divided to the standard price. The product you have acquired will be the units that are produced.

4,500 pounds x $2.50 = 11,250
11,250 - $375  = 10,875
10,875 / $2.50 = 4,350

Answer: There are 4,350 units produced.
7 0
3 years ago
Why scarcity and choice are basic economic problems faced by every Society??
Ksju [112]
The basic economic problem is that of scarcity and choice. This is because people have infinite wants in the face of limited resources, therefore decisions have to be made. The basic economic problem ensures that every society has to decide what to produce, how best to produce it, and for whom to produce it.
3 0
3 years ago
Overhead includes all except _____________________.
Irina-Kira [14]

Answer:

B) Rent

Have an excellent day!!!

8 0
3 years ago
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