When developing a risk response, the risk is termed as <u>Transferring</u> when it is transferred to a different party rather than changed.
Responding to hazards entails developing alternatives and strategies for reducing undesirable risks and enhancing desirable ones. Two essential components are response plans and contingency planning.
Three Steps to Risk Response development are:
The first step is: Prevent.
When you choose to avoid risk, all possibility that it may hurt your company is completely erased.
The second: is a risk reduction strategy.
If the danger is just a little bit higher than your tolerance and degree of hunger, the reduction is an excellent strategy for bringing it within acceptable ranges.
The third: is a Risk management strategy
instead of eliminating or lowering the possibility that it will happen, transfers, delegates, or distributes the responsibility of the risk to a third party.
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The way that the client is going to benefit from the use of Accenture's block chain technology is that it would have high security and also ensure transparency.
<h3>What is block chain technology?</h3>
This is a digital ledger that is known to store transactions in a way that is connected to a peer to peer network.
The block chain technology is one that is secure and it is alo transparent to all on the network.
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Answer: A.
the assignment of a single salesperson to a single customer throughout the entire sales process when suppliers and sellers combine their expertise and resources to create customized solutions
Explanation:
Relationship selling refers to the sales technique that focuses on the interaction between the buyer and the salesperson rather than the price or details of the product.
A human interaction, where the salesperson generally cares about connecting with their customer or buyer. By caring about building relationships with potential customers and taking an interest in their world, it can significantly improve the odds of securing a sale and retaining that customer for the long-term.
A mission statement expresses an organizations reason for being in existence, and a vision statement expresses what that organization would like to become.
A mission statement gives a definition of the business of that organization, it helps to tell the goals, objectives and how they hope to attain these goals.
A vision statement on the other hand is a statement that gives a description of the future of the organization. It tells what the organization would love to attain in the future.
Both the vision and the mission statement are combined to give the statement of goals, objectives and value of the organization.
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If you get payed by performance and you get payed a lot, you would be satisfied with the good\great work you did.