1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxMikexx [17]
3 years ago
13

While preparing your risk responses, you identify additional risks. What should you do? Add reserves to the project to accommoda

te the new risks and notify management. Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences. Determine the risk events and the associated costs, then add the cost to the project budget as a reserve. Add 10 percent contingency to the project budget and notify the customer
Business
1 answer:
saw5 [17]3 years ago
8 0

Answer: Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences.

Explanation:

Risk response refers to the development of strategic options to reduce the threats and enhance opportunities to the objectives of the project.

It should be noted that when new risks are identified, such risks go through the process of risk management and one needs to be able to know the risk probability and risk impact and then get to curtail them.

You might be interested in
Chicken and tuna fish are substitutes in consumption. Suppose that new technology decreases the cost of catching tuna. This woul
mihalych1998 [28]

Answer:

B. a decrease; a decrease

Explanation:

Substitutes' goods are products that can be consumed in place of each other.  If one product is missing, consumers will be ready and willing to buy its substitute. An increase or fall in the price of a good or services will cause the demand for its substitute to move in the opposite direction.

Equilibrium quantity is when supply matches the demand. If the price of Tuna fish decreases, its demand will increase as more customers will afford it. Tuna and chicken are substitutes, should the price of Tuna decrease,  customers will prefer to consume Tuna over chicken.  Consequently, the demand for chicken will reduce w leading to a decrease in its price.

6 0
3 years ago
What is the difference between entrepreneurial and bureaucratic organizations?
Airida [17]
Entrepreneurs work by themselves and bureau is working with an organization
5 0
3 years ago
Read 2 more answers
Which of the following types of economies is most likely to develop new and better products?
Zinaida [17]
Market because it promotes competition which in return lowers prices and increases quality
6 0
3 years ago
Giddens Company adopted the​ dollar-value LIFO inventory method on December​ 31, Year 1. On December​ 31, Year​ 1, Giddens' inve
blondinia [14]

Answer:

The value of inventory at Dollar value LIFO is $510,000

Explanation:

dollar-value LIFO method

This is one of the techniques use to integrate inventory items into pool and then valuation is applied on pool rater than on individual item

To calculate the dollar value of ending inventory

we must

Determine value of ending inventory

Determine the difference between ending inventory and beginning inventory at the price of previous year

Determine the difference between ending inventory and beginning inventory at the current price

Add beginning inventory and difference at the current price to get the value of ending inventory on the basis of dollar value LIFO method

The information related to inventory of the company for the current year is given as follows

Beginning inventory is $400,000

Base price index is 100

Ending inventory at current price index is $550,000

Current price index is 110

INVENTORY VALUE AT DOLLAR VALUE LIFO IS CALCULATED AS FOLLOWS

Ending inventory value at base price index = $550,000\times\frac{100}{110}

= $500,000

The increase in inventory at base price index is $500,000 - $400,000

= $100,000

The increase in inventory at current price index is $100,000 × \frac{110}{100}

= $110,000

Calculate inventory at end

inventory at end = inventory at the beginning + increase in inventory at current price

$400,000+$110,000

= $510,000

Therefore, value of inventory at Dollar value LIFO is $510,000

4 0
3 years ago
In most high-tech industries, the best way to respond quickly to rapid technological changes is to keep most authority and respo
Akimi4 [234]

Answer:

False

Explanation:

Most high tech industries operate as decentralized organizations where most decisions are made by mid level and low level managers. This is done so that they can respond faster to any technological or industry change that may affect them.

This type of organizations are opposite to centralized organizations where most decisions are taken by a few top level managers.

5 0
3 years ago
Other questions:
  • $1800 per quarter for 7 years. How much did she have at the end of the seventh year if the interest rate is12% per year compound
    15·1 answer
  • The interest accrued on $7,500 at 6% for 90 days is:
    8·1 answer
  • Kevin noticed that Derek, an automotive technician at his repair shop, was getting bored of repeatedly performing the lone task
    8·1 answer
  • If a consumer feels that the amount paid by the e&o company is insufficient and the licensee has no money, the consumer coul
    7·1 answer
  • Here are the 2015 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars):
    11·2 answers
  • Which of the factors listed below contribute to the market value of a going concern? intangible assets market value of assets va
    11·1 answer
  • Lenders charge a loan origination fee to A. cover the expenses involved in generating the loan B. guard against charges of usury
    12·1 answer
  • Students for a Democratic Society (SDS) was an activist organization in the 1960s that protested the Vietnam War, racial injusti
    12·2 answers
  • Cerrone Inc. has provided the following data for the month of July. The balance in the Finished Goods inventory account at the b
    10·1 answer
  • Why do some firms, industries, and cultures have different CSR thresholds than others? Illustrate your answer with real examples
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!