Answer:
Residual risk
Explanation:
Risk is generally defined as the likelihood that some harm can happen. In quantitative evaluations, risk is defined as the probability that some negative event happens . Residual risk is the threat that remains after all efforts to identify and eliminate risk have been made. There are four basic ways of dealing with risk: reduce it, avoid it, accept it or transfer it. Since residual risk is unknown, many organizations choose to either accept residual risk or transfer it for example, by purchasing insurance to transfer the risk to an insurance company. Residual risk is the remaining risk that exists after all hazard mitigation measures have been implemented or exhausted in accordance with the applicable safety requirements and the project risk management process.
The business plan is the blueprint for your business. If you wanted to build a house, you wouldn't walk over to an empty lot and just start nailing boards together. Starting a business without a business plan is just as risky.
hope this helps :)
Answer:
A) Proposal A= 6875 units
B) Proposal B= 6818 units
Explanation:
Giving the following information:
Two vendors have presented proposals.
Proposal A:
Fixed costs= $55000.
Variable cost= $ 14.00.
Proposal B:
Fixed cost= $75000.
Variable cost= $11.00
The revenue generated by each unit is $ 22.00
Break-even point= fixed costs/contribution margin
A) Proposal A= 55000/(22-14)= 6875 units
B) Proposal B= 75000/(22-11)= 6818 units
Answer:
a. It is serving the bottom of the pyramid.
Explanation:
By serving the bottom of the pyramid (impoverished community), the company is giving back to the community.
The water purifiers are cheap when mass-produced, so by partnering with people from this region they will be able to effectively distribute the incentive.
Also this is an avenue for the indegenes to earn income as commission.
<span>Why might Alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment? She prefers to support local business, even at an added cost. Not only does Alexandria want to support a local business, they are typically more friendly and thankful you are there supporting them against a corporate establishment. Due to being commonly, family owned, their expenses to survive are higher than those in the corporate world which reflects the increase in pricing for consumers. </span>
