Answer:
I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.
But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.
Answer:
Being recognized for a job well done
Explanation:
ISO 9001:2008 is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, both private and public.
<h3>
What is ISO 9001:2008 Quality management systems ?</h3>
It aims to increase customer satisfaction through the effective application of the system, including processes for continuous system improvement and the assurance of conformity to customer and applicable statutory and regulatory requirements. The ISO 9001:2008 standard outlines the specifications for a quality management system where a company must prove its capacity to consistently deliver a product that complies with customer and relevant legal and regulatory criteria.
No matter the type, size, or type of product offered, all requirements of ISO 9001:2008 are generic and intended to be relevant to all enterprises.
Any ISO 9001:2008 requirement(s) that cannot be applied because of the nature of the business or the product might be excluded.
When exclusions are made, claims of conformity to ISO 9001:2008 are not acceptable unless they are restricted to Clause 7 requirements and do not affect the organization's capacity or obligation to deliver a product that complies with the needs of the customer and any applicable legal and regulatory requirements.
To learn more about the, ISO 9001:2008 Quality management systems visit:
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Answer:
13% did not experience problems with online transactions.
Explanation:
Giving the following information:
According to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction.
What percentage of people did not experience problems with an online transaction?
In this case, there are two options. You buy something online and everything went smooth or you have problems with the transactions.
So, if 87% have problems, that means that 13% didn't.
Answer:
The correct answer is letter "B": Concurrent engineering.
Explanation:
Compared to the traditional model in which the design is drawn chronologically and methodically, concurrent engineering is a method that allows working in parallel. This model is based on the idea that designers must consider all the stages a product goes through, from the moment when it is an idea until it reaches end-consumers.
This implies the <em>design of the product, its production, quality measurements, market demand, </em>and <em>its positioning among competitors.</em>