Risk management is an organized strategy for protecting assets and people and is considered a ____

The search for and utilization of the best methods used by competitors and non-competitors that lead to superior performance is

eimsori [14]

Answer:

Bench-marking

Explanation:

Benchmarking is the process that works for comparing the products, services, etc by the other companies who are dealing with the same type of business that refers to the best in the industry or performing superior performance.

It could be done either by the cost, quality, time, quantity, etc

The aim of doing this process is to gain the competitive advantage so that they get to know their strength, weakness, opportunities, and threats

7 0

3 years ago

Marketers often scan social media to learn more about what customers think. __________ is a technique in which data from a varie

IgorC [24]

Answer:

sentiment analysis

Explanation:

Sentimental analysis is the mining of subjective information from a source material (usually social media), this is aimed at understanding the social sentiment the public has about a brand or service.

Sentimental expressions can be positive negative or neutral. For example a statement from a review: 'I really like their services, they make sure you are satisfied with your purchase.' Is an example of positive sentimental expression.

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4 years ago

Government purchases are spending by the government on goods, services, and factors of production. Government expenditures repr

Law Incorporation [45]

Answer: A. there has been a major increase in the amount of transfer payments the government makes through programs such as Social Security and unemployment insurance.

Explanation:

Since the 1950s, the US government budget for Transfer Payments to Social Security Programs and Unemployment benefits has increased tremendously.

The main transfer payments are Disability and Pension/ Retirement payments and they have been on the rise since the 50s.

These Transfer Payments are both a show of Humanitarianism as well as a form of Economic Investment as they help stimulate the Economy during times or Economic Distress by pouring money into it.

A typical example would be the $1,200 that Congress voted to provide direct cash payments of which totaled around $250 billion in March this year to help Americans who were hit hard by the lockdowns that have crippled much of the American economy.

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3 years ago

Statement: "Whenever a company’s activities reduce the quality of life for nearby homeowners, the company should be legally requ

olganol [36]

Answer:

2) assumption not made

Explanation:

The original statement does not include any assumption about what the companies are doing about this issue, it just proposes an idea of fair compensation.

maybe whoever wrote this statement believes that very few companies or none at all actually compensate homeowners for a reduction in the market value of their properties, but it doesn't state it. It is also possible that the statement assumes that companies are paying some compensations or were paying some compensations but are not willing to continue to do it since no legislation forces them to do so. The author's position is vague and not clear with respect to what the companies are currently doing.

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3 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

goblinko [34]

Answer:

Retail Division = $480,000

Commercial Division = $125,000

Explanation:

<u>Divisional income from operations for the Retail Division and the Commercial Division</u>

Retail Division Commercial Division

Sales $2,150,000 $1,200,000

Cost of goods sold ($1,300,000) ($800,000)

Controllable Contribution $850,000 $400,000

Less Expenses

Selling expenses ($150,000) ($175,000)

Allocated Central Costs ($220,000) ($100,000)

Net Income before tax $480,000 $125,000

Calculations :

Allocation of Central Costs :

Retail Division (2,750/ 4,000 × $320,000) = $220,000

Retail Division (1,250/ 4,000 × $320,000) = $100,000

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3 years ago

Risk management is an organized strategy for protecting assets and people and is considered a _____.