Answer:
The options for this is question are the following:
a. operational
b. hazard
c. strategic
d. all of the above
The correct answer is D. All of the above.
Explanation:
Business risk is the possibility that they derive from the losses of the market position, the business position, compared to the markets in which they operate.
It can also be said that a business risk is a circumstance or factor that can have a negative impact on the operation or profitability of a given company.
Business risks can be included in the strategic risks of an organization. Strategic risks are risks that arise from the strategic position that the organization takes in the environment in which it carries out its activity, therefore they have a double source: on the one hand the strategic decisions taken by the organization and on the other the environment in the that these decisions materialize. Everything that affects the organization in its macro environment.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Shape of the production possibility frontier curve.
Explanation:
Production possibility frontier curve is the graphical representation of various combination of two goods that a firm can produce by the given technology or other factors of production.
Opportunity cost in this context refers to the amount of one good is sacrificed for producing one extra unit of other commodity. The opportunity cost is normally related with the share of the production possibility curve. If the PPF curve is a horizontal line, then the opportunity cost remains the same over the different level of production of goods.
Answer:
Frictional unemployment occurs when people decided to leave their jobs and look for another or people join the labor force for the first time.
Structural unemployment arises from a situation where there is a mismatch between the skills needed in an economy and the skills possessed by people. Happens a lot when employees need to adapt to new technology.
Cyclical unemployment happens as a result of the economy either growing or shrinking.
a. Andrew recently lost his job as an accountant for a large firm because he only knows how to perform the job using a general ledger (paper and pencil), and has been unwilling to learn how to use newly invented accounting software provided by the company. ⇒ <u>STRUCTURAL UNEMPLOYMENT. </u>
b. Sam recently lost his job as an accountant for a large firm because he only knows how to perform the job a using a general ledger and has been unwilling to learn how to use newly invented accounting software provided by the company. ⇒ <u>STRUCTURAL UNEMPLOYMENT.</u>
c. Teresa just graduated from college and is looking for a full time position with an investment banking firm. ⇒ <u>FRICTIONAL UNEMPLOYMENT. </u>
d. A recent recession has reduced the number visitors to a local theme park. The park has had to lay off many of its employee, including Beth. ⇒ <u>CYCLICAL UNEMPLOYMENT. </u>
Answer: The four main ways a business may increase it's profit are through reducing costs, increasing turnover, increasing productivity, and increasing efficiency.
