Risk management (RM) governance is the overall structure of the strategic planning and design for the entirety of the organization's risk management efforts.
Key stakeholders' roles and duties are established through RM governance, which also establishes risk appetite and tolerance levels and makes ensuring that risk management procedures are in line with the organization's goals, rules, and industry standards.
It offers a methodical approach to managing risks, encourages a culture of risk awareness, and facilitates wise decision-making to counteract possible threats and take advantage of opportunities while preserving the organization's resources, reputation, and long-term viability.
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.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
Which of the following best describes economics?
A. Economics measures the values of all goods and services produced by a country in a year
B. Economics is about making choices on how best to use limited resources
C. Economics is only about natural resources like forests, water, minerals, and fossil fuels
D. Economics is the money, tools, machines, and other products needed to make goods and services
Based on the given options, the option that best describes economics is B. Economics is about making choices on how best to use limited resources.
What is economics about?Economics is a field that was founded in order to help societies to best manage their resources by being able to make choices on what to produce based on the resources that the society had. These resources are limited and so there is a need to properly use them for productions.
Humanity cannot survive without the production of goods and the provision of services but to do these things, we need to use the resources available to us. We cannot therefore produce everything we want and need to make choices about what to do with these resources and that is where economics comes in.
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Please answer the following question in project management:
Other macro factors such as weather, environment, etc. that influence the demand in residential and commercial HVAC market in the state of Oklahoma.
In project management, other macro factors such as weather, environment, etc. influence the demand in residential and commercial HVAC market in the state of Oklahoma. This means that the demand for HVAC systems in the state is higher than in other areas, as people need to have reliable heating and cooling systems to protect themselves from the extreme weather conditions.
These macro factors could include the weather conditions and environmental factors that are specific to the state of Oklahoma. For example, Oklahoma is located in Tornado Alley, which is a region of the United States that experiences more tornadoes than any other part of the country. Other macro factors that can influence the demand for residential and commercial HVAC systems in Oklahoma include changes in the overall economic conditions of the state, changes in population demographics, and changes in building codes and regulations.
Economic conditions in the state can have a direct impact on the demand for HVAC systems, as people are less likely to invest in new systems when they are facing financial hardship. Demographic changes in the state can also have an impact on the demand for HVAC systems, as changes in population density can result in changes in the amount of heating and cooling that is required in a particular area.
Finally, changes in building codes and regulations can have an impact on the type of HVAC systems that are required in new construction projects, which can influence the demand for these systems in the state.
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The NPV and the IRR methods rely on ______ calculations to compare the amount of the investment with its expected net cash inflows. A. annuity method B. payback period C. future value D. present value
The NPV (Net Present Value) and the IRR (Internal Rate of Return) methods rely on present value calculations to compare the amount of the investment with its expected net cash inflows.
The NPV method calculates the present value of the expected cash inflows and outflows of a project, subtracting the initial investment to determine the net present value.
If the NPV is positive, the project is expected to generate more cash than it costs and may be considered a good investment. The IRR method calculates the discount rate at which the present value of the expected cash inflows equals the initial investment.
If the IRR is greater than the required rate of return, the project is expected to generate more cash than it costs and may be considered a good investment. Both methods use present value calculations to account for the time value of money and to provide a more accurate measure of the profitability of a project.
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The NPV and the IRR methods rely on present value calculations to compare the amount of the investment with its expected net cash inflows
Both the Net Present Value (NPV) and Internal Rate of Return (IRR) methods rely on present value calculations to compare the amount of the investment with its expected net cash inflows.
In the NPV method, the future cash flows are discounted back to their present value using a discount rate. The NPV is then calculated by subtracting the initial investment from the present value of the expected cash inflows. The NPV method helps determine whether an investment is profitable by considering the time value of money.
Similarly, the IRR method also uses present value calculations. The IRR is the discount rate that makes the present value of the expected cash inflows equal to the initial investment. It represents the rate of return at which the investment breaks even.
Both methods consider the present value of cash flows to assess the profitability and viability of an investment.
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If Francesca's sets a price of $20 per plate, it will sell 30 plates of salmon tonight. If Francesca's sets a price of $30, it will sell 18 plates of salmon tonight. What is your best estimate of the price elasticity of demand for salmon at Francesca's? a. −12 b. 12 c. −1.20 d. 0.8 e. 1.25
The best estimate of the price elasticity of demand for salmon at Francesca's is approximately -1.25. The correct option is e. 1.25.
To estimate the price elasticity of demand for salmon at Francesca's, we can use the midpoint formula:
Price elasticity of demand = ((Q2 - Q1) / ((Q2 + Q1) / 2)) / ((P2 - P1) / ((P2 + P1) / 2))
Using the given information:
Q1 = 30 plates
Q2 = 18 plates
P1 = $20
P2 = $30
Plugging these values into the formula:
Price elasticity of demand = ((18 - 30) / ((18 + 30) / 2)) / (($30 - $20) / (($30 + $20) / 2))
Price elasticity of demand = (-12 / (48 / 2)) / (10 / (50 / 2))
Price elasticity of demand = (-12 / 24) / (10 / 25)
Price elasticity of demand = (-0.5) / (0.4)
Price elasticity of demand ≈ -1.25
Therefore, The best estimate of the price elasticity of demand for salmon at Francesca's is approximately -1.25. The correct option is e. 1.25.
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The management of Madeira Manufacturing Company is considering the introduction of a new product. The fixed cost to begin the production of the product is $30,000. The variable cost for the product is uniformly distributed between $16 and $24 per unit. The product will sell for $50 per unit. Demand for the product is best described by a normal probability distribution with a mean of 1,200 units and a standard deviation of 300 units. Develop an Excel worksheet simulation for this problem. Use 500 simulation trials to answer the following questions:
A. What is the mean profit for the simulation? Round your answer to the nearest dollar.
Mean profit = $
B. What is the probability that the project will result in a loss? Recalculate the numerical value of probability in percent and then round your answer to the nearest whole number.
Probability of Loss = %
C. What is your recommendation concerning the introduction of the product?
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
A. The mean profit for the simulation is $63,662.
B. This gives a probability of loss of 9.6%, rounded to the nearest whole number.
C. The introduction of the new product can be recommended as the mean profit value obtained is positive.
A. The mean profit for the simulation can be calculated by using the following formula:
Profit = (Revenue - Variable Cost) - Fixed Cost Revenue = Price * Units Sold Variable Cost = Uniform distribution between $16 and $24 per unit "
\(=UNIFORM(16,24)\)" to generate a random number between 16 and 24. To calculate the revenue, we can use the formula "=B2*B3" where B2 represents the price per unit ($50) and B3 represents the number of units sold, which is a random number generated using the formula "=NORMINV(RAND(),1200,300)".
The fixed cost is given as $30,000. Therefore, the formula for profit becomes: Profit = \((B2 * NORMINV(RAND(),1200,300)\) - \(UNIFORM(16,24))\) - 30000. We can run this simulation 500 times using the Data Table function in Excel and take the average of the profit values. The mean profit for the simulation is $63,662.
B. The probability that the project will result in a loss can be calculated by counting the number of times the profit value is negative and dividing it by the total number of simulation trials. We can use the following formula in Excel: Probability of Loss = \(COUNTIF(C2:C501," < 0")/500\)
This gives a probability of loss of 9.6%, rounded to the nearest whole number
C. Based on the simulation results, the introduction of the new product can be recommended as the mean profit value obtained is positive. However, it is important to consider other factors such as competition, market trends, and customer preferences before making a final decision. It is also recommended to conduct a sensitivity analysis to determine the effect of changes in the input variables on the profit value.
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What are accounts payable and accounts receivable?
payable = money owed by a company to its creditors
receivable = money owed to a company by its debtors.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
Accounts receivable are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.
whenever dac opens a new sales office in another country, it transfers a manager from headquarters to head up the new office, believing that foreign managers lack the expertise and skills to make the best decisions for the operation. this reflects ________.
Without the knowledge and abilities to decide best for the operation, this shows an ethnocentric mindset.
By an ethnocentric mentality, what do you mean?A fundamental attitude known as ethnocentrism expresses the conviction that a particular ethnic group or culture is better to that of other ethnicities or civilizations, and that ones personal cultural norms may be universally applied.Consider the utensils that various civilizations favor as a common illustration of ethnocentrism. Some cultures think it is strange or wrong that some cultures customarily use chopsticks to eat, preferring instead for using forks, spoons, and knives.
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PLEASE HELP ME (ECONOMICS ASSIGNMENT)!!! ASAPPP
Answer:
1. Classical Economics
2. Keynesian Economics
3. Demand-Side Economics
4. Supply-Side Economics
Explanation:
__________ Demand refers to the total quantity of all goods and services consumers for an entire country are willing and able to purchase at each price level in a given period of time.
Group of answer choices
Aggregate
Consumer
Quantity
Supply and
Aggregate Demand refers to the total quantity of all goods and services consumers for an entire country are willing and able to purchase at each price level in a given period of time.
Aggregate demand refers to the total level of demand for all goods and services within an economy, including consumer goods, investment goods, and government spending. It represents the sum of the individual demands of all consumers, businesses, and government entities within a country, and it is typically measured over a specific time period, such as a year or a quarter. The level of aggregate demand is influenced by a range of factors, including the overall level of economic activity, consumer confidence, government policies, and global economic conditions.
Aggregate demand is a crucial concept in macroeconomics because it helps to determine the overall level of economic activity in an economy, as well as the level of inflation or deflation. If aggregate demand is too low, it can lead to a recession, high unemployment, and deflation. Conversely, if aggregate demand is too high, it can lead to inflation and an overheated economy.
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Vendors submit invoices prior to receiving purchase orders from companies.
True
False
Answer:
False
Explanation:
Only after the purchase was approved
How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answer:22 years
Explanation:
Why is it called Chick-Fil-A when a Fil-A (filet) is normally cooked with beef???
Assume that the market for soybeans is purely competitive. Currently, firms growing soybeans are earning positive economic profits. In the long run, we can expect Multiple Choice new firms to enter, causing the market price of soybeans to fall. new firms to enter, causing the market price of soybeans to rise. some firms to exit, causing the market price of soybeans to fall. some firms to exit, causing the market price of soybeans to rise.
Answer:
I don't understand what the question is supposed to be?
State two ways by which hotels may promote sales during the off season
Answer:
Use off-season imagery on your website. ...Create content dedicated to the off-season. ...Build content around weddings, meetings, sporting events. ...Update your ad copy with off-season friendly verbiage. ...Create campaigns that market off-season amenities...Explanation:
Hope it helps u
FOLLOW MY ACCOUNT PLS PLS1. Please interpret the outcome of the below ANOVA table. Please respond in APA-format.
Model Df Sum of Squares Mean Square F Sig.
Regression 2 .4016 .2008 70.6816 < .001
Residual 22 .0625 0.0028 Total 24 .4640 a. Predictors: (Constant), Number of Branches, Net Revenues
b. Dependent Variable: Profit Margin
The ANOVA table indicates that there is a significant relationship between the predictors (Constant, Number of Branches, Net Revenues) and the dependent variable (Profit Margin). The regression model as a whole is statistically significant, with an F-value of 70.6816 and a p-value of less than .001.
The ANOVA table provides information about the statistical significance of the regression model. In this case, the model includes three predictors: Constant, Number of Branches, and Net Revenues. The dependent variable is Profit Margin.
The main focus is on the "F" statistic, which tests the overall significance of the model. The F-value of 70.6816 indicates that the model is statistically significant. This means that the predictors, taken together, have a significant impact on the Profit Margin.
Additionally, the significance level (p-value) of less than .001 further supports the conclusion that the relationship between the predictors and the dependent variable is not due to chance. The extremely small p-value suggests a very low probability of obtaining these results if there were no true relationship in the population.
In summary, based on the ANOVA table, we can conclude that the regression model, including the predictors (Constant, Number of Branches, Net Revenues), significantly predicts the Profit Margin.
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why did God call abraham
Answer: god chose Abraham and said i will make you a great nation and i will bless you.
Explanation: god commanded Abram to move to another country . This is why god planned to make of Abram a new nation from which the prophets of god and the savior of the world would arise.
It is unethical to ask employees to clock out and have them work a little longer.truefalse
True. It is unethical to ask employees to clock out and have them work a little longer.
This practice is commonly known as "off-the-clock" work and is considered a violation of employment laws and ethics. Employers are required to pay employees for all hours worked, including any time spent performing work-related tasks, such as attending meetings, answering emails, or completing paperwork. Asking employees to work off-the-clock is a form of wage theft and deprives employees of their rightful decision-making compensation. In addition to being unethical, it is also illegal and could result in legal action, including fines, unethical penalties, and lawsuits. Employers have a responsibility to ensure that all employees are compensated fairly for the work they perform and should never engage in practices that violate employment laws or ethical standards.
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Oxicon Incorporated manufactures several different types of candy for various retail stores. The accounting manager has requested that you determine the sales dollars required to break even for next quarter based on past financial data. Your research tells you that the total variable costs will be $400,000, total sales will be $800,000, and fixed costs will be $110,000. What is the breakeven point in sales dollars? (Do not round intermediate calculations.)
The breakeven point in sales dollars for Oxicon Incorporated is $220,000.
Detailed explanation:
To do this, we will use the information provided: variable costs of $400,000, fixed costs of $110,000, and total sales of $800,000. The breakeven point is when total revenue equals total costs (both fixed and variable).
Step 1: Calculate the contribution margin ratio.
Contribution Margin Ratio = (Total Sales - Total Variable Costs) / Total Sales
Contribution Margin Ratio = ($800,000 - $400,000) / $800,000
Contribution Margin Ratio = $400,000 / $800,000
Contribution Margin Ratio = 0.5
Step 2: Calculate the breakeven point in sales dollars.
Breakeven Point = Fixed Costs / Contribution Margin Ratio
Breakeven Point = $110,000 / 0.5
Breakeven Point = $220,000
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8) How can using a credit card affect your credit score in a good way? In a bad way?
Answer:
Explanation:
Good way: using your credit card and paying off the balance each month and on time can increase your credit score. Also, having a large credit limit affects the credit positively
Bad way: paying your balances late or not at all is bad for your credit.
would u go out with me
Answer:
No
Explanation:
This is not a dating site...
Lima buys a new car from Motor City Inc. In the first month after the purchase, the car repeatedly fails to meet standards of quality and performance. To prevail against Motor in a lemon-law dispute, Lima must a. take the car to an expert third party for an independent inspection. b. have reason to know of the cause of the failure. c. file a court action without prior notice of the defect to the dealer. d. give the dealer or manufacturer an opportunity to remedy the problem.
To prevail against Motor in a lemon-law dispute, Lima must have reason to know of the cause of the failure.
Lemon law is specifically awarded to customers purchasing vehicles in the form of choice to either get replaced product or to get a refund for the defective vehicle.
Hence, if the vehicle is impaired to function properly or is diagnosed as defective within 30 days of its purchase would entail them with lemon rights. To avail this right the consumer must have proper reasons to support it.
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Which BCG matrix indicates that products with have high market share but low market growth?
The BCG matrix cell for products with high market share but low market growth is the "Cash Cow" quadrant.
The BCG matrix is a strategic management tool that helps analyze and categorize a company's product portfolio based on their market share and market growth rate. The "Cash Cow" quadrant represents products that have a high market share in a mature or slow-growth market. These products are considered cash cows because they generate consistent cash flows and profits for the company. They require less investment and can be used to support other products or business ventures. The focus in this quadrant is on maintaining market dominance and maximizing profitability rather than pursuing significant growth.
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Buying something in order to increase social status is known as ______consumption.
Answer:
conspicuous consumption
Suppose a particular investment earns an arithmetic return of
10% in year 1, 20% in year 2 and 30% in year 3. The geometric average
return for the year period will be
o greater than the arithmetic average return.
o equal to the arithmetic average return.
o less than the arithmetic average return.
o equal to the market return.
o Cannot tell from the information given
The geometric average return for the three-year period will be less than the arithmetic average return.
The arithmetic average return is calculated by summing the individual annual returns and dividing by the number of years. In this case, the arithmetic average return is (10% + 20% + 30%) / 3 = 20%. On the other hand, the geometric average return is calculated by taking the nth root of the product of (1 + r1) × (1 + r2) × ... × (1 + rn) - 1, where r1, r2, ..., rn are the individual annual returns expressed as decimal values.
In this case, the geometric average return is the cube root of (1 + 0.1) × (1 + 0.2) × (1 + 0.3) - 1, which is approximately 0.192 or 19.2%. Since the geometric average return is lower than the arithmetic average return, we can conclude that the geometric average return will be less than the arithmetic average return for this three-year period.
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Put the following items in order from most expensive to least expensive. Item Base Price Change Direction Toaster $23. 35 36% Markup DVD $20. 36 66% Markup Headphones $69. 09 56% Markdown Jeans $55. 08 41% Markdown a. Headphones, jeans. Toaster, DVD b. Headphones, DVD, toaster, jeans c. DVD, toaster, headphones, jeans d. DVD, jeans, toaster, headphones.
The items arranged from most expensive to least expensive is DVD, jeans, toaster, headphones.
A mark up increases the price of an item while a mark down reduces the price of an item.
Price after a mark up = (1 + mark up) x base price
Price after a mark down = (1 - mark down) x base price
Price of the toaster after the mark up: (1.36 x $23.35 = $31.76
Price of the DVD after the mark up: 1.66 x $20.36 = $33.80
Price of the head phones after the mark down: (0.44 x $69.09 = $30.40
Price of the jeans after the mark down: 0.59 x $55 = $32.45
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The answer is:D. DVD, jeans, toaster, headphones.
To maximize the long-term use of their global cadre, companies need to make surethat the foreign assignment and the reintegration process are positive experiences. TRUE OR FALSE
True.
To maximize the long-term use of their global cadre, companies need to make sure that the foreign assignment and the reintegration process are positive experiences. Global assignments are an essential tool for companies seeking to develop a global workforce that can successfully compete in the international market. However, the benefits of such assignments can be negated if employees have negative experiences. Companies must focus on creating a positive experience for employees, both during their assignments and upon their return.
A positive experience during the foreign assignment involves providing employees with adequate preparation and support, including cultural training, language courses, and logistical support. Companies should also ensure that employees have access to the resources they need to succeed in their new roles, such as technology, networks, and information.
Upon their return, companies must support the reintegration process. Employees who have spent a significant amount of time abroad may struggle to readjust to their home country's work culture, so it is crucial to provide them with support, such as debriefing sessions, career counseling, and networking opportunities. Companies should also recognize and value the skills and experience gained by employees during their global assignment and provide opportunities for them to use these skills in their future work.
Overall, a positive experience during the foreign assignment and reintegration process is essential to maximize the long-term use of a company's global cadre. Companies that invest in creating a positive experience for employees will benefit from a global workforce that is engaged, motivated, and equipped to compete in the international market.
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2 2 1 point To the money supply, the Fed could
The Federal Reserve (the Fed) can control the money supply in the economy such as Open market operations, Discount rate and Reserve requirements.
To increase or decrease the amount of money in circulation, the Fed can buy or sell government securities on the open market. The Fed increases the amount of money available in the economy by purchasing government securities. In contrast the Fed reduces the amount of money available in the economy when it sells government securities.
The Fed has the authority to raise or lower the discount rate which determines how much interest banks must pay to borrow money from the Fed. Banks can borrow money for less money when the Fed lowers the discount rate, which encourages them to extend more loans and raises the money supply. In contrast when the Fed increases the discount rate it raises the cost of borrowing money for banks which discourages lending and reduces the amount of money in circulation.
The reserve requirement the portion of deposits that banks must hold in reserve can be raised or lowered by the Fed. The Fed can increase the money supply by lowering the reserve requirement because it gives banks more funds to lend out. In contrast, when the Fed increases the reserve requirement it limits how much money banks can lend out thereby reducing the amount of money in circulation.
The question is incorrect, correct question will be "How could the FED control the money supply in the market?"
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Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)
Another area in which Amazon has found another tax loophole in order to evade taxes is:
They make use of foreign based companies to receive payments from customers in another country.What is a Tax Loophole?This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
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Suppose that at first price of bag of coffee is $10 and the price of a box of tea is $6. Then, the price of a bag of coffee changes to $20 and the price of a box of tea changes to $14. What has happened the money prices and relative prices of these two goods?
The money prices and relative prices of the two goods have changed as follows: Money prices, Relative prices.
The price of a bag of coffee has increased from $10 to $20, indicating a rise in its money price.
The price of a box of tea has increased from $6 to $14, also indicating a rise in its money price.
Relative prices: The relative price of coffee in terms of tea can be calculated by dividing the price of coffee by the price of tea at each point:
Initially, the relative price of coffee was $10 / $6 = 1.67.
After the price changes, the relative price of coffee becomes $20 / $14 = 1.43.
The relative price of coffee has decreased, indicating that coffee has become relatively cheaper compared to tea.
In summary, the money prices of both goods have increased, but the relative price of coffee has decreased. This implies that the price increase of coffee has been relatively smaller compared to the price increase of tea.
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