Answer and Explanation: From the following given case or scenario, we can state that the manager is most likely to said the given because he/she thought that <em>being too critical might put Malcolm on the defensive end and thus hamper his social skills and creativity</em>. Here, in this case the manager asks the other employees not to have a critical review of Malcolm's suggestion and to avoid having an argument on his suggestion.
Quotations, Random Lists, Over-used clichés, Limit your use of the word “passion”, And Stilted vocabulary.
Answer:
$1,901,385
Explanation:
First unit produced by lambda took 5,000 hours to produce and required $30,000 worth of materials and equipment usage.
The second unit took 4,500 hours and used $24,000 worth of materials and equipment usage.
learning rate = time needed to produce second unit / time needed to produce first unit = 4,500 hours / 5,000 hours = 90%
materials and equipment usage rate = $24,000 / $30,000 = 80%
using the attached table of cumulative values, we can determine the cumulative improvement factors needed to solve this question:
Olsan's accumulated cost for producing 20 more guidance controls
-
work hours = 4,500 x 14.61 (90% and 20 units) x $25 per hour = $1,643,625
- materials and equipment = $24,000 x 10.74 (95% and 20 units) = $257,760
- total = $1,901,385
Answer with Explanation:
To transform the risk management and promote the transformation process, Akawini must:
- Implement Corporate Governance policies and enforce compliance with these guidelines.
- Consistent Internal Control Reviews by conducting internal audits.
- Compliance with the Sarbanes Oxley Act and Foreign Corrupt Practice Act will enable the risk management team to consider a wider aspect of its operation which includes domestic and foreign export policies enforcement.
- Continuous Professional Development and advanced training will help them to act very efficiently and effectively minimize the level of risk the company is facing.
The progress is the process of movement towards achievement of goals and performance is the better movement towards achievement of goals.
To measurements that can be used to monitor progress and performance would be use of Key Performance Indicators and comparing the results with the actual results of company. This would help in understanding the under-performing areas and hurdles to progress. Some KPIs that the risk management team can consider are Value at risk reduced, risk threshold set, Risk to Rewards Ratio, etc.
Cost and Benefits of risk mitigation analysis will also be beneficial here because it helps the risk management team to consider the financial aspect of the decision making and thus helps in adding value to the business operation.