All the answers below are reasons for performing risk management EXCEPT. O a. Planning for known and unknown events O b. Ensure the occurrence of opportunities O c. Elimination of issues O d. Reduce the impact of threats
Q: how to create a progress report that includes measures and reports. describe and assess the plan for…
A: Creating progress reports with measures and reports is an important part of assessing the…
Q: Groupthink, as a self-limiting team behavior, is more likely to occur when Multiple Choice a…
A: According to our guidelines, since you have provided more than one multiple choice questions, only…
Q: Lets assume Apple is interested in breaking into the fashion industry woth a new line of iShirts.…
A: Apple has plans to join the apparel market with a new line of iShirts. To promote the new product…
Q: Define boundary spanning, and describe the types of activities involved in this taskwork process.…
A: In the globalized and interconnected world of today, businesses operate within intricate ecosystems…
Q: Give typing answer with explanation and conclusion Withoutthe adequate motivation, people of the…
A: Motivation is a psychological force that drives a person towards a specific goal, desire, or…
Q: Does the end justify the means? Assuming the responsibility of leadership, a leader also assumes the…
A: The concept of the ends justifying the means is one that has been debated for centuries. The phrase…
Q: Case: Radial Bearing Team: A Manufacturing Group's Transformation to Self-Directed Work Discuss…
A: In Radial Bearing Team Case, a manufacturing group's transition to self-directed work, we find a…
Q: you must compose a 1-2 sentence statement which connects all 3 terms in such a way that a TRUE…
A: According to our guidelines, only 1st question has been answered. In case you want to get the answer…
Q: All of the following are examples of a “fundamental unit of business” that could be used in creating…
A: A "fundamental unit of business" is a specific metric that can be used to measure the adoption and…
Q: in relation to the corporation act NSW, Which replaceable rule provides that directors can appoint…
A: The Corporation Act governs the legal framework for companies and their operations in New South…
Q: What are the key trends and challenges facing managers in the 21st century, and how can they adapt…
A: The 21st century has seen an unprecedented pace of change in the business landscape, with managers…
Q: Give a brief description on the company of Tru Valu supermarket, Trinidad.
A: The Tru Valu supermarket chain operates in Trinidad and Tobago. The firm was established in 1952 and…
Q: Develop pricing strategies for a new company that intends to stream live football natches to its…
A: With the rapid development of technology, live streaming has become a preferred method for viewing…
Q: Which listening intensity level is best for counseling sessions? Group of answer choices factual All…
A: In counseling sessions, active listening is a crucial skill that can help counselors establish…
Q: Explain the difference between a periodic and perpetual inventory system. Would either be necessary…
A: The periodic inventory system uses a periodic physical count to gauge inventory levels and selling…
Q: Explain the obstacles that need to be conquered in order for test-first development to succeed.
A: Test-First development is a software development methodology in which automated tests are written…
Q: Which of the following statements are true? Select all that apply. Select one or more: a. A causal…
A: Culture in an organizational context refers to the shared values, beliefs, behaviors, and customs…
Q: 3. Which of the following is not a reason why a leader should support ethical 1 point behavior? OA.…
A: Ethical behavior in organizations is crucial for maintaining a positive work environment and…
Q: How can someone adapt their communication style to better communicate with others?
A: Communication style refers to the unique way in which an individual communicates with others. It is…
Q: Based on your personal characteristics and cultural self-identification please answer: how could you…
A: It is essential to establish friendly and professional relationships with your coworkers in any…
Q: Keurig coffee machine product development and brand management examples
A: A beverage brewing system for both home and business use is called Keurig. The US company Keurig Dr.…
Q: What is the nonlinear programming model (OMEGA) used by Texaco?
A: Texaco is a major oil and gas corporation that employs the OMEGA nonlinear programming methodology…
Q: analyze the six six rules for evaluating needs and solutions based on fact and evidence and how they…
A: A productive workplace is one where staff members may accomplish their objectives, perform their…
Q: magine you are a manager with an employee. Conduct an interview with your employee to learn more…
A: As a manager, it is essential to comprehend your employees' viewpoints, attitudes, and beliefs. This…
Q: Punitive damages are awarded to punish on individual. Because of this fact, punitive damages should…
A: Punitive damages are a form of damages that are intended to punish a defendant for particularly…
Q: How do managers approach the process of organizational change, and what strategies and techniques…
A: Organizational change is unavoidable in business because organisations must constantly adapt to…
Q: An ERP software system is often one of the most significant investments a company will make. Give…
A: An ERP (Enterprise Resource Planning) system is a software package designed to connect diverse…
Q: How would you discuss Porter’s five forces framework for Walmart?
A: The framework of Porter's five forces is a strategic management tool used to analyze the competitive…
Q: How can a top management team lower the chances that key managers will pursue their own…
A: One of the primary responsibilities of a top management team is to act in the best interests of the…
Q: Task: Respond to the Discussion A discussion response is meant to allow a person time for personal…
A: A marketing strategy is an essential element of a company plan since it describes the activities…
Q: Every organization has certain functional areas, for example divisions, departments, marketing, IT.…
A: Companies may be complicated organizations comprised of several distinct sections that must…
Q: Any significant capital expenditure or project requires a lengthy, and expensive, cost benefit…
A: A significant capital expenditure or project can profoundly impact a company's financial health and…
Q: What are some common communication challenges faced in remote work environments, and how can these…
A: A remote work environment is a work arrangement where employees work outside of a traditional office…
Q: Assume leadership in the fight against crime in Kampala. Artificial intelligence (AI) may be used to…
A: Kampala, the capital city of Uganda, has struggled for several years with a high crime rate.…
Q: Enlist and explain in detail the four basic sources of variation, and explain why it is important to…
A: Variation is a key issue in several industries, including manufacturing, healthcare, and finance.…
Q: Case: Dealing with Workplace Bullying Work-related responsibilities can be challenging for many…
A: Enhancing an employee's knowledge, talents, and skills to perform a certain task is done through…
Q: What is compensation mangement and why is legislation important in Compensation management?
A: The process of creating and managing a system of incentives and benefits for employees in return for…
Q: is the central, integrated, externally oriented concept of how a firm will achieve its objectives.…
A: A business organization is made up of people who cooperate to accomplish a single objective, which…
Q: How can performance management systems be developed and implemented to improve organizational…
A: Employees are entitled to certain legal rights and protections, which are enshrined in labor laws…
Q: Section 1(1) of the Sale of Goods Act, 1962 (Act 137) provides that, “Sale of goods is a contract…
A: The Sale of Goods Act of 1962 (Act 137) regulates the selling of products in Ghana. The act defines…
Q: A visiting American executive finds that a foreign subsidiary in a poor nation has hired a…
A: Ethical Issues An ethical issue is a situation where a moral conflict occurs at work; as a result,…
Q: n effective teams, it is ideal for the team leader to Multiple Choice discourage time-outs…
A: Note: As per the guidelines first multiple-choice question or three true or false questions, or…
Q: Mike and Martinez are arguing about the importance of project scope management. Mike think- that…
A: The work required to complete a project's aims and objectives is referred to as the project's scope.…
Q: Describe the examples of the negative outcomes/impacts of the "Robin Hood" system for student…
A: Recapture, commonly referred to as Robin Hood, enables the State of Texas to take money from public…
Q: The collapse of the Bretton Woods and the Smithsonian Agreement holds no relevance to the creation…
A: A global currency exchange system centered on the US dollar and gold was established by the Bretton…
Q: How can Total Quality Management be implemented in an organization to improve quality and increase…
A: Total Quality Management (TQM) is a management philosophy that aims to maximize the product and…
Q: You should familiarise yourself with the most severe problems that may occur with information…
A: Information systems play a key role in the contemporary corporate environment by assisting firms in…
Q: Three-line summaries of your brief observations on the following topics should be included:…
A: The Manchester Method is a teaching strategy created at the University of Manchester in the United…
Q: Whats wrong with palm oil production? Why are they so cheap?
A: The popular vegetable oil palm oil is broadly utilised in a wide range of consumer goods, including…
Q: Which of the following describes special tactics, assigned responsibilities, how resource allocation…
A: Allocation of resources is a crucial aspect of good company and management planning. It entails…
Step by step
Solved in 4 steps
- 3. Following COSO Framework, the board's responsibilities for effective reporting of risks should include which of the following? a. Inserting specific engagements relating to risk management into the annual audit plan b. Assuring success in management of key risks c. Selecting the specific techniques regarding event identification to be considered in the risk management process d. Regularly reviewing the key risks against risk appetite2. Which of the following is not a benefit of risk mapping and prioritization? a. The results help an enterprise to communicate better its risk aggregated risk profile to key external stakeholders b. Risk maps are key graphical representations of the variance in risk appetites across different divisions within an organization c. Ranking risks by their level of severity helps an organization determine the optimal allocation of resources devoted to risk response or treatment d. Helping the enterprise identify how certain risks can offset other risks to ensure that the enterprise maintains an overall risk profile that remains within risk capacityIn 5 to 8 sentences, answer the question: Am I a risk taker or am I risk averse? Since risk is inherent, what actions do you do to minimize the impact of risk in your daily activities? Provide a concrete example or situation and discuss how you minimize the risks present. Definition of Terms:• Risk• Risk Management• Uncertainty• Risk averse• Risk tolerance• Mitigated Risk• Risk analysis• Risk avoidance• Probability• Consequence
- Explain thoroughly how following risk managemrnt plan can prevent operational riskProper risk management involves a three stage process. Which one of the following isone of those stages:a) Identify where the risk liesb) Select the right tools to execute strategyc) Design an appropriate strategy for managing riskd) All of the aboveRisk is present in every business decision. In information security it is often said that you cannot protect everything. What are the critical steps in understanding risk and employing risk mitigation practices? Be sure to address:- Risk Identification and prioritization- Discuss the steps in Risk Assessment- The importance in documenting results
- 7. Why is the ability to forecast losses important for a risk manager? Don't use chatgptHow to compare other measures of risk with VaR(value at risk)? Choose a company and compute the various measure of risk and construct a risk management strategy.Match the appropriate Risk Management Document with the description The document with the purpose of guidng risk managment decision making Risk Management Cost of Risk Assessement The document which outlines the fundumental guidelines of risk mangement within the enterprise Risk Management Policy Statement (RMPS) The document which is clear, concise and preferablly short Risk Management Mission Statement (RMMS) Standard Operating Procedure (SOP) The more detailed document which may include explicit instructions to a person performing the function The document which is developed through the risk management function, but circulated and communicated through the enterprise >
- . Companies that are developing a formalized risk management process are encouraged to develop a risk or threat profile and use their intuition to create an inventory of risks that seem most relevant to their operations. At that stage, they are encouraged to rank risks using which of the following approaches? a The risks with the greatest impact on staff and the highest anticipated frequency of occurring take top priority b The risks with most significant impact on the business and the highest probability of occurring take top priority c The risks with the highest probability of occurring and the highest anticipated frequency take top priority d The risks with the highest anticipated frequency of occurring and the most significant public visibility take top priorityYou are a risk manager of a school bus company in Hong Kong, your boss owns over 1,000 school buses. During COVID 19, almost all the school buses parked in no covered car park every day because students no need to be back to school. Your boss is considering a partial retention program for physical losses to the school buses. a) Identify the factors that your company should consider before it adopts a retention program for physical damage losses to school buses. b) If a retention program is adopted, what are the various methods you can use to pay for physical damage losses to school buses? c) Identify two risk-control measures that could be used in your company’s retention program for physical damage lossesComerstone Solutions, LLC. is deciding between developing an advanced thought-activated software, or a basic voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. Assume that an unsuccessful product launch will generate no revenue. The complicated technology costs 10million, whereas the simple technology costs 2million. (However...) Suppose Cornerstone Solutions, LLC. learns that the complicated technology can be made more stable with a few tweaks increasing the price to 15.5 million and increasing the probability of a launch to 50%. Given the new costs and probabilities of launch for the complicated software, which technology would the firm rather invest in now? O The simple voice-activated software O The…