We are supposed to answer this right? Choices please.
Answer:
Option A
Explanation:
In simple words, the innovative technology that Matt has invented is the intellectual property of the organisation he works for due to the clause of the agreement he has signed under their employment.
Matt is contract bound and therefore he has no legal remedy. However, he should be happy for his promotion and incremental package as the company has no need to do so for him whatsoever.
Answer:
Exposure factor=20%
Explanation:
Exposure factor is percentage value of an asset that can potentially by lost if a particular risk is realized. Most risk managers use the exposure factor to determine if the purchase of certain property usually equipment or machinery is worth it. It can be thought of as comparing the value one would lose if a certain risk is attained to the original value of the property. For example in case the risk is realized and the value of the property is completely lost, the exposure factor would be 1.
It is calculated by taking the value of the property lost over the original value then converted to a percentage. This can be expressed as shown;
E.F=(Vl/Vo)×100
where;
E.F=exposure factor
Vl=value lost in case of the scenario
Vo=original value
In our case;
E.F=unknown
Vl=$2 million
Vo=$10 million
This can also be written as;
Exposure factor=(value lost/original value)×100
Replacing;
E.F=(2/10)×100=20%
The exposure factor=20%
Answer:
D) Japanese earthquake and tsunami
Explanation:
On March 11, 2011, a 9.1 magnitude earthquake occurred a couple hundred miles from Tokyo in the ocean. This earthquake caused a huge tsunami (30 feet high) that damaged large coastal areas in Japan, including several nuclear reactors and factory centers for major corporations like Toyota, Honda, Nissan, Toshiba, Sony, Canon, etc.