The correct answer would be, Cross-training program.
Each project team member had a back up that could fill in at a moment's notice should another team member fall by the way side. The project was able to mitigate risks in this fashion. Thanks to an aggressive Cross-training program.
Explanation:
A Cross Training Program is basically a program for employees in an organization in which employees are trained to perform tasks that are not in their own job description.
These training are done to build the skill sets and to ensure the coverage of key job responsibilities.
This approach of cross training is very useful in minimizing the risk as this training equip employees to do tasks that are not their own job but due to such training, they are able to perform the other tasks in emergency situations and thus are highly useful in risk management.
For example if there is a task which is to be completed by an employee in the coming week and the employee falls sick, then because some other employee is trained to do the task, that task won't be suffered an will be done on time by the back up employee.
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Hey You!
Florida had wanted to enter as a slave state, which posed a problem and ultimately led to six years of wait.
Answer:
1. Loss of profit for business.
2. Loss of work and deficiency in progress.
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Communism leads to slow economic growth, lack of motivation and less competition between the entrepreneurs.
<h3>What is Communism?</h3>
Communism is the economic theory derived by the Karl Marx which is based upon the class less society in which everyone is equal. It says that the means of the production is owned by the government.
The disadvantages of the communism is that government will be holding the property that means there will be no or less competition between the entrepreneurs. It will lack the free of speech.
The economic growth of the country will slow down leading to the political repression. The countries that followed the approach of the communism is Russia and China.
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