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lutik1710 [3]
3 years ago
12

Jack has recently been hired as a risk management professional for Blithe Corporation. Blithe has a risk management program in p

lace, but Jack has advised senior management that he would like to design and implement a risk management framework and process based on a recognized international standard. What is the first step that Jack should take in designing and implementing the new framework and process?
Business
1 answer:
Evgesh-ka [11]3 years ago
5 0

Answer: categorize information systems

Explanation:

This step involves gaining an understanding of the organisation. The information about an organisation, its various responsibilities, its mission and vision. But before the categorizing, the system's boundary should be defined.

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1) Illustrate how the type of work that he or she does influences a person's lifestyle. For example, contrast a farmer, a factor
steposvetlana [31]

Answer:1)The type of one job influences his lifestyle

2)No

3) value of self services in an economy includes improved customer services,more convenient , reduced overhead cost, customer satisfaction, increase productivity.

Explanation:Type of job tells a lot about people lifestyle,eg a person who spend very long hours at work hardly have adequate rest and social life.

Contrasting between farmers, school teacher and factory worker,the factory workers are semi skilled,teachers skilled and farmer could be non skilled ,the school teacher schedule is always fixed 8am to 4pm for instance so they are more organized,they are mostly in formal attire while a factory worker run shifts and may be see in safety boots and overall and may have little or erratic schedules .the farmer on the other hand has no schedule ,has relaxed routine,wear casuals and not necessarily tidy,does things when willed as most are self employed.

Even in their eating habits,farmers eat more of fresh food,while teachers eat processed foods and factory workers are more likely to eat junks or snacks.

While a school teacher may be seen with books ,a factory worker may be seen with machines and equipment and farmers with tools ,tractors etc

2)An economy can only thrive on goods and services,as both are needed for survival,a service person need commodities like foods,clothes etc to survive while a good traders cannot do without services like transportation,banking etc

3)the value of self service include overhead cost reduction,self service involves customer serving themselves with limited involvement of a third party or vendor e.g payment at pos at gas station, uses of ATM for cash withdrawal etc.

The organization uses less resources like staff,PCs to run self service this fund can be invested in other areas.

Increase customer service occurs as a result of self service , customer can do their trasaction at their pace and convenience.

4 0
3 years ago
Movers Company manufactures sneakers. The production of their new sneaker for the coming three months is budgeted as follows:
Volgvan

Answer:

Option (b) is correct.

Explanation:

Given that,

Budgeted production (September) = 50,000

Direct labor time for producing each sneaker = 2 hours

Direct labor wages average = $15 per hour

Direct labor budget for September:

= Budgeted production of sneaker in September × direct labor time require for each sneaker × Direct labor wages average per hour

= 50,000 × 2 hour × $15

= $1,500,000

Therefore, the direct labor cost budgeted for September is $1,500,000.

5 0
3 years ago
Fern and Grover wish to combine their professional accountancy practices into a single firm that combines the pass-through tax s
Alenkinab [10]

Answer:

The correct option is b. a limited liability partnership.

Explanation:

Limited liability partnerships (LLPs) are a type of partnership in which each partner's liability is limited to the amount invested in the company.

Limited liability means that creditors cannot seize a partner's personal assets or income if the partnership fails.

Spreading risk, leveraging individual abilities and knowledge, and establishing a division of labor are all advantages of having business partners.

Some of the professional businesses in which LLPs are common include accounting firms, legal firms, and among others.

Therefore, the correct option is b. a limited liability partnership.

7 0
3 years ago
According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.
sukhopar [10]

According to your text, sales promotions such as free smples and point-of-purchase displays are designed to build. are called "Short-Term sales."

<h3>What is short term sales?</h3>

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

  • A stock that its an investor believes will lose value in the near future is sold short.
  • A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.
  • Because short sells restrict gains while amplifying losses, they are regarded as dangerous trading techniques. Additionally, they come with regulatory hazards.
  • To be successful, short sales need to be timed almost perfectly.

To know more about short-term investment, here

brainly.com/question/7905571

#SPJ4

5 0
2 years ago
Do chip credit cards protect against online purchases
maxonik [38]

Answer:

Protecting Against Payment Card FraudExplanation:

The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.

7 0
2 years ago
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