The tasks involved in the verification of an ER model should be mentioned and quickly explained
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The tasks involved in the verification of an ER model should be mentioned and quickly explained.
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- List and briefly explain the activities involved in the verification of an ER model.The COSO ERM framework presents eight interrelated components of riskmanagement: 1. the internal environment (the tone of the organization),2. objective-setting,3. event identification,4. risk assessment,5. risk response, 6. control activities,7. information and communications, and8. monitoring. Write brief notes on each of the COSO ERM framework relating it to ISO 31000, whereappropriateUsing signavio or any PBM tools. Model the following business process at a supplier. After a supplier notifies a retailer of the approval of a purchase order, the supplier can receive an order confirmation, an order change, or an order cancelation from the retailer. It may happen that no response is received at all. If no response is received after 48 h, or if an order cancelation is received, the supplier will cancel the order. If an order confirmation is received within 48 h, the supplier will process the order normally. If an order change is received within 48 h, the supplier will update the order and ask again the retailer for confirmation. The retailer is allowed to change an order at most three times. Afterwards, the supplier will automatically cancel the order.
- Determine how TCAS have played a role in a flight safety without any support from air traffic controllers in the ground stations by analyzing the function of its componentsDoes a prep course increase SAT scores? Last year, a school offered an after-school SAT prep class that students could volunteer to take. 44 students took the course and then took the SAT. The average SAT score for this group was 1220. The average SAT score for all students who did not take the prep class was 1050. Identify as many other possible variables that you can that may explain why the SAT scores are higher for those who took the prep course than for those who did not. 2- Design an experiment that would help us determine if SAT prep causes an increase in SAT scores. a- What is the population from which you will sample? b- What sampling method will you use (simple, cluster, systematic, stratified, convenience)? Why did you choose this method? c- Describe your treatment group and your control group. d- What is your explanatory variable? e- What is your response variable?DEWA compares its cyber security effectiveness with DXB Airport. DEWA has a CMMI cyber security effectiveness value of 3.1 while DXB Airport has a CMMI value of 3.4. This is an example of: Benchmarking Baselining Due care Due diligence
- 1. There are two approaches to the implementation of ERM, namely the measurement driven approach and the process-control approach. What is the focus of the measurement driven approach in implementing ERM? 2. Write a small paragraph on the concept of maximum foreseeable loss (MFL) and its significance in risk management. Question 2 1. Distinguish between the.'Maximin', 'Maximax·• and the 'Minimax regret' decision strategy. 2. Determining the size or quantum of a possible loss provides a backdrop against which efforts to manage the risk can be measured .Highlight the measures used to enhance the description of possible loss more accuratelyNo Pain Corp Omar Amman, the CEO of No Pain Corp (NPC), is under stress. They produce transcutaneus electrical nerve simulation units (TENS) for pain control. Amman faces a new opportunity and is not sure how to go about it. Recently, the the Department of Health of Canada has approved low current TENS devices to be sold directly to consumers without a doctor’s note. This will come into effect in three months. In the past, one needed a doctor’s note and could rent the device from some companies. These TENS machines, as they are called in Canada, are popular, since the older population has found them to be effective in pain control with almost no side effects. Amman can sell the device via drug-stores and pharmacies as well as on Amazon. But, Amman is not sure. Amman used to work as a supply chain manager for a power-tool company. Back then, it was a huge logistical “pain,” no pun intended, to work with large retailers and to attend to their fulfilment needs. Those retailers used to…No Pain Corp Omar Amman, the CEO of No Pain Corp (NPC), is under stress. They produce transcutaneus electrical nerve simulation units (TENS) for pain control. Amman faces a new opportunity and is not sure how to go about it. Recently, the the Department of Health of Canada has approved low current TENS devices to be sold directly to consumers without a doctor’s note. This will come into effect in three months. In the past, one needed a doctor’s note and could rent the device from some companies. These TENS machines, as they are called in Canada, are popular, since the older population has found them to be effective in pain control with almost no side effects. Amman can sell the device via drug-stores and pharmacies as well as on Amazon. But, Amman is not sure. Amman used to work as a supply chain manager for a power-tool company. Back then, it was a huge logistical “pain,” no pun intended, to work with large retailers and to attend to their fulfilment needs. Those retailers used to…
- How does preventive maintenance differ from predictive maintenance in ensuring system reliability?How can a CRM system be leveraged to identify potential customer churn and prevent it?In your own words. Why is proper diagnosis of the problem important? (Our lesson is DECISION MAKING) (Our subject is Engineering management)