Enterprise Risk Management (ERM) is designed to achieve which of the following four categories of objectives, except Group of answer choices None of the choices Strategic, Reporting, Operations, Compliance Operations, Reporting, Compliance, Strategic Strategic, Operations, Reporting, Compliance Reporting, Compliance, Strategic, Operations
Q: You are appointed as consultant for transport department of a leading sports goods manufacturing…
A: You are appointed as consultant for transport department of a leading sports goods manufacturing…
Q: 1. According to the production concept, a company should focus more on a. Improving the quality of…
A: Production Concept is a belief that states that the customers would always acquire products which…
Q: Telecommunication industry in Oman has two major companies: Omantel and Ooredoo. Given that…
A: The telecommunications industries inside the area of data and correspondence innovation are…
Q: The following are the reasons why the customers does not understand the value except: a. price…
A: Pricing Strategy should be created with utmost caution as it is the most significant strategy for…
Q: A. Rehman is a chief in a major firm which is actualizing key change in its association. The…
A: In such sort of circumstances divisional construction works best as it is separated in 3 sections…
Q: Course: Principle of Healthcare Finance Question: When referring to qualitative risk assessment,…
A: Qualitative risk assessment is all about identifying the risks and measuring them in order to…
Q: Which of the following should be low if you are looking to develop a keyword strategy? Question 10…
A: The decisions we take for our keyword research project which is based on the ideas and findings you…
Q: Super Bowl LVI will have just taken place. But, an article several months before the Super Bowl…
A: Super bowl is a football played to decide the champion of the national football league. Watching…
Q: When Creamy Layer Inc. planned to introduce a new ice cream flavor, its senior executives looked at…
A: When Creamy Layer Inc. planned to introduce a new ice cream flavor, its senior executives looked at…
Q: A company makes TVs, Washing machines, refrigerators ad microwave ovens. The length of this product…
A: Product line: Products in the product line will be serving the similar purpose which are produced…
Q: WHICH FACTORS INDICATE THE POSSIBLE LOWEST AND THE HIGHEST PRICE THAT CAN BE SET ON A PRODUCT? a.…
A: Customers are paying the price for the products and services to get values. The companies are…
Q: Note- need correct option without explanation as fast as possible!! The overall direction and…
A: option (D) is correct
Q: Which of the following is the business function that serves the purpose of providing the funds…
A: Introduction- Business functions are the operations which are carried out by an organization for its…
Q: A marketing research firm has just sent surveys to 100 people in a mail panel about bike helmets. It…
A: Marketing research is a study conducted by the market is before supplying the product in the market.…
Q: A problem with sales commission is its tendency to reward the quantity of goods sold without having…
A: A salesman can be defined as the person who works for an organization for the doing the sales of the…
Q: Assume that the AD curve intersects the AS curve in the Neoclassical Region and that the government…
A: The increased government spending could produce a multiplier result. If government spending causes…
Q: {Auditing} 5. From which of the following languages the term “Audire” is derived? a. American b.…
A: The term “Audire” is derived from the Latin language which means "to hear". So the correct answer to…
Q: 35. The term risk escalations refers to a. The increase in an enterprise's risk profile resulting…
A: Note- As we are authorized to answer only one question at a time so we'll answer the first question…
Q: In the portal analysis of strengths’ and weaknesses’ phase of developing an e-government roadmap;…
A: E- Government roadmap is a vision which is laid off by the government officials in the form of a…
Q: Financial management involves all the business activities that are related to __________. a. None of…
A: In every organization, there are a number of activities that take place related to manufacturing and…
Q: Recall that many of the sources of low cost that AirAsiaX used were policy choices, like tight…
A: Competitive advantage - In today's competitive business environment, a business can maintain an…
Q: The written objective “to introduce 12 new computers to the market” is missing which recommended…
A: Objectives show the goals of the company. Objectives show the desires and its aim for the present…
Q: What is the difference between Risk Appetite and Risk Tolerance? • Define each term. • Contrast…
A: Every organization are required to carry out risk management identification through risk appetite…
Q: Media mogul, Jeffrey Katzenberg has invested over $1 Billion in an operating company called ____,…
A: Traditional television often called linear TV refers to the approach of how individuals would watch…
Q: A bank is considering implementing a pull-type release control policy to speed up the time to…
A: A pull system is a strategy used in the manufacturing process to reduce the wastage of resources.
Q: 22) The banks allow its depositors to withdraw money in excess of the balance in his account up to…
A: Bank is an organized structure which safely keeps the money of their customer with themselves. One…
Q: Discuss briefly why ethical decision-making is essential in an organization. Q1(b). Identify three…
A: Business ethics refers to the set of norms and fundamental principles that need to be followed when…
Q: The tastes and habits of global consumers around the world are the same." Is the preceding statement…
A: The correct option is b). False Customer expertise is heavily influenced by a customer' number of…
Q: 10. What is the impact of specific dollar amount of dividend on the binomial tree? What is (are)…
A: A binomial tree is an ordered tree defined recursively. A binomial tree consists of a single node.…
Q: a. Why is pay administration necessary for the organizational success? Which pay policy is…
A: A compensation system shoudl be structured in such a way that it influences the employees for making…
Q: Assume you are the cost engineer on a new $12 million commercial building project. Starting with…
A: The capital cost for a construction project includes the expenses related to the initial…
Q: 26 - Activities such as planning, organizing, executing, coordinating and controlling are included…
A: The Correct Option is C. Management Functions There are mainly 5 functions of management. 1.…
Q: Write product user acceptance criteria, project-management related deliverables and product-related…
A: Product user acceptance criteria are the conditions that the product must meet the requirement of…
Q: Outline underlying reasons for poor quality that may have impacted Airbnb. Q2. Examine to what…
A: Airbnb: It is an American company that handles market of lodging,vacation rentals and tourism .…
Q: One of the products Company Miraitowa manufactured and plans to sell in Tokyo is vacuum insulated…
A: Miraitowa is the company that is an official mascot for the 2020 Summer Olympics and this company…
Q: n the phase of benchmarking of the development of an e-government roadmap, the e-government service…
A: This statement is true
Q: To test the reasonableness of the turnaround time of the applicable business process review, what…
A: This standard establishes the requirements for auditing gauges (including fair value estimates) for…
Q: Which of the following risk responses where management is of status quo standing in their current…
A: Risk sharing generally means that the premiums and losses of each member of a group of policyholders…
Q: You are the Director of Contracts at the Ministry of Energy. During the Christmas season, one of the…
A: The given scenario is ethics in management. Ethics refers to the process of defining what is right…
Q: When Amy helps to ensure fair and equitable treatment for her employees regardless of their personal…
A: Option 4 is correct, The reason is that employee advocate is listening to employee’s needs and…
Q: 1. As a consultant to Karen, how would you recommend she address the four (4) issues identified in…
A: The entrepreneurs will form an organization majorly for two things, one is to gain profits from the…
Q: Revenue management decisions-like other pricing and revenue optimization decisions- are usually…
A: Answer: Option (C) Not Applicable
Q: 3 Environmental scanning plays a key role in strategy formulation by analyzing the strengths and…
A: Environmental scanning Environmental scanning is very important and on the same hand, it plays a…
Q: In establishing a successful customer relationship and stay competitive in the market, Amazon should…
A: Amazon is among the world's best E-commerce platform and the most dominating position in the world,…
Q: Following COSO Framework, the board's responsibilities for effective reporting of risks should…
A: RISK MANAGEMENT: Risk management is the process of identifying, evaluating, and controlling the…
Q: Assuming Mr. Ahmad is the new chief executive officer of Nizwa Diary Company, his business decisions…
A: CEO Communicates, on behalf of the company, with shareholders, government entities, and the public.
Q: Which of the following is NOT true of SERVQUAL ? a. SERVQUAL is a questionnaire b. All options are…
A: Service quality helps in managing and maintaining the quality of service in order to ensure the full…
13.
Enterprise Risk Management (ERM) is designed to achieve which of the following four categories of objectives, except
Step by step
Solved in 2 steps
- Rollo Megabux has $1 million to invest in stocks orbonds. The percentage yield on each investment during thecoming year depends on whether the economy has a goodor a bad year (see Table 17). It is equally likely that theeconomy will have a good or a bad year.a If Rollo is risk-neutral, how should he invest hismoney?b For $10,000, Rollo can hire a consulting firm toforecast the state of the economy. The consulting firm’sforecasts have the following properties:P(good forecast|economy good) .80P(good forecast|economy bad) .20Should Rollo hire the consulting firm? What are EVSIand EVPI? Economy EconomyHas Good Has BadYear YearYield on stocks 22% 10%Yield on bonds 16% 14%Some new product launches fail and this leaves a negative impact on the profitability of the company. Using a particular product as an example, discuss1. Some of the key determinates and conditions that need to be met to launch that product successfully on the market; 2. What may go wrong with the launch of that product and why? 3. What steps should the company launching the product take in order to mitigate product launch failure or to address the situation in the event of a failure of the launch of that productYou currently own 600 shares of JKL, Inc. JKL is an all-equity firm that has 75,000 shares of stock outstanding at a market price of $40 a share. The company’s earnings before interest and taxes are $140,000. JKL has decided to issue $1 million of debt at 8 percent interest. This debt will be used to repurchase shares of stock. If the cost of equity is 25%, the WACC is 16% and cost of debt is 10%, what will be the implied D/E ratio?
- 35. The term risk escalations refers to a. The increase in an enterprise's risk profile resulting from previously unknown risks arising from changes in the internal or external environments or changes to the organization's objectives and activities b. Weaknesses in the internal control system that raise residual risks beyond the limits of the risk appetite c. The process of and procedures for reporting risk incidents up the chain of command d. Risks that have materialized as events 36. Which of the following audit engagements is least likely to be performed by internal auditors solely as consulting, rather than an assurance or "blended" category? Systems development review Control self-assessment Financial statement Business process mapping Question 37 What is the greatest challenge that is unique to conducting and interpreting risk prioritization exercises? a. Risk analysis, evaluation, and prioritization are processes that require regular updates b. The…7 Which of the following is the business function that serves the purpose of providing the funds necessary for the businesses to achieve their objectives and using these funds appropriately? a) Marketing management B) accounting management NS) Accounting audit D) Financial management TO) Production managementGrey Manufacturing Company expects sales to total 13,000 units in the first quarter, 12,000 units inthe second quarter, and 15,000 units in the third quarter of the current fiscal year. Company policyis to have on hand at the end of each quarter an amount of inventory equal to 10% of the followingquarter’s sales. Given this information, how many units should be scheduled for production in thesecond quarter?
- Please answer A-C with the most true answer. A. Which of the following is most closely associated with return on assets? a. The cost of equity b. The proportion of debt and equity in the company’s capital structure c. The prime lending rate d. The average operating assets of the company B. Which of the following is most closely associated with expenses? a. Product (value propositions) design(s) b. Average operating assets c. Proportion of debt and equity in the company’s capital structure d. Equity risk premium C. Which of the following is most closely associated with the cost of debt? a. Non-operating expenses b. Risks specific to the company c. The long-term bond yield d. Prime lending rateComplete with the Definitions1. …………..used for keep track of basic activities and transactions of organization (e.g. sales,receipts…).2. …………...help with monitoring, controlling, decision-making, and administrative activities.3. …………...help address strategic issues and long-term trends, both in firm and in externalenvironment.4. Types of decisions such as; ……..,……….and ……………..5. …………...help with monitoring, controlling, decision-making, and administrative activities.6. …………...help address strategic issues and long-term trends, both in firm and in externalenvironment.7. Types of decisions such as; …………...,…..……….and ……………..8. OS such as; ………….,………,………,………...…..and……………...9. …………. has more computing capacity in its CPU than a typical personal computer.10. …………..includes desktops, laptops, PDAs and even cell phones helps user to input data forengineering system.Seas Beginning sells clothing by mail order. Animportant question is when to strike a customer fromthe company’s mailing list. At present, the companystrikes a customer from its mailing list if a customerfails to order from six consecutive catalogs. Thecompany wants to know whether striking a customerfrom its list after a customer fails to order from fourconsecutive catalogs results in a higher profit percustomer. The following data are available:■ If a customer placed an order the last time shereceived a catalog, then there is a 20% chance shewill order from the next catalog.■ If a customer last placed an order one catalog ago,there is a 16% chance she will order from the nextcatalog she receives.■ If a customer last placed an order two catalogs ago,there is a 12% chance she will order from the nextcatalog she receives.■ If a customer last placed an order three catalogsago, there is an 8% chance she will order from thenext catalog she receives.■ If a customer last placed an order four…
- Which of the following controls most likely will be effective in offsetting the tendencyof sales personnel to maximize sales volume at the expense of high bad debt writeoffs?(1) Employees responsible for authorizing sales and bad debt write-offs are deniedaccess to cash.(2) Employees involved in the credit-granting function are separated from the salesfunction.(3) Shipping documents and sales invoices are matched by an employee who doesnot have the authority to write off bad debts.(4) Subsidiary accounts receivable records are reconciled to the control account byan employee independent of the authorization of credit.1. Suppose you are going on a weekend trip to a city that is d miles away. Develop a model that determines your round-trip gasoline costs. What assumptions or approximations are necessary to treat this model as a deterministic model? Are these assumptions or approximations acceptable to you? 2. Suppose that a manager has a choice between the following two mathematical models of a given situation: (a)a relatively simple model that is a reasonable approximation of the real situation, and (b)a thorough and complex model that is the most accurate mathematical representation of the real situation possible. Why might the model described in part (a) be preferred by the manager?Dave is the owner of Fine Pool and Spa. He just discovered that his that his trusted friend Chris, who has been his accountant for over 20 years, has been skimming money from Fine’s bank account. Dave has to decide whether to ignore his Chris’s actions in order to avoid conflict and bad publicity, or to have Chris arrested for embezzlement. What is Dave facing? a. whistle – blower b. a synergy factor c. a social audit d. an ethical dilemma e. an issue of corporate governance