In the classic production possibilities curve discussed in the content presentation, ___ represents military goods and ___ represents civilian goods

Answers

Answer 1

In the classic production possibilities curve discussed in the content presentation, military goods represent the x-axis, and civilian goods represent the y-axis.

What is the production possibility curve?The production possibility curve (PPC) is a graphical representation of the opportunity cost of two goods as it relates to production. It compares the cost of producing one item to the cost of producing another item, assuming that both goods use the same finite resources. It shows the maximum production output of one product for each possible level of the other product while keeping all other inputs consistent.

A typical PPC chart depicts a trade-off between two goods that can be produced using a fixed quantity of production inputs.Typically, the production possibility curve is an inward-bowing curve, indicating the law of diminishing marginal opportunity cost. As more of one good is made, the opportunity cost (in terms of lost production of the other good) rises. This curve assumes that all other resources, such as labor and capital, are equal when producing each good.

Learn more about PPC: https://brainly.com/question/28193924

#SPJ11


Related Questions

capacity requirements are computed by multiplying the number of units scheduled for production at a work center by the:

Answers

The capacity requirements for a work center are computed by multiplying the number of units scheduled for production at that work center by the standard time needed to produce each unit.

This calculation is known as the “capacity requirement formula.” The formula is: Capacity Requirement = Number of Units x Standard Time per Unit

The number of units that need to be produced at a work center is determined by the production plan.

Standard time is the amount of time needed to produce one unit of a product. This time is estimated based on historical data or industry averages.

In order to use the capacity requirement formula correctly, the units must be defined in the same way as the standard time.

For example, if a work center produces widgets, and standard time is measured per widget, then the number of units used in the calculation must also be in terms of widgets.

The capacity requirement formula is useful for both forecasting and scheduling production.

By multiplying the number of units scheduled for production by the standard time needed to produce each unit, managers can estimate the amount of time and resources that will be needed to complete the production plan.

This information is valuable for setting production schedules and allocating resources.

Overall, the capacity requirement formula is an important tool for managers and planners to use in order to accurately estimate the amount of time and resources needed for production.

To know more about Capacity requirement here

https://brainly.com/question/29733694

#SPJ11

which of the following is least likely to be a low-cost leadership competitive advantage? group of answer choices broad product line mass production inventory management effective capacity use low overhead

Answers

A. Broad product line is least likely to be a low-cost leadership competitive advantage.

In order to gain a low-cost leadership competitive edge, costs must be reduced throughout value chain, including in production, marketing, and distribution. Whereas, a broad product line requires providing a variety of items, which may necessitate a higher degree of investment in research and development, production operations, and marketing, thereby raising expenses.

A wide range of products might offer differentiation and other competitive advantages, but it is less likely to be a low-cost leadership competitive advantage. On the other hand, actions which might result in cost reductions and, thus, a low-cost competitive advantage for leadership are examples of mass manufacturing, efficient capacity utilization, inventory management, and minimum overhead.

Read more about Broad product market on:

https://brainly.com/question/28549375

#SPJ4

suppose that nominal gdp did not change in 2011, and real gdp increased, relative to the year 2010. it can be concluded that:

Answers

It can be concluded that there was an increase in the production of goods and services in 2011 relative to the year 2010.

This is due to the fact that real GDP increased, while nominal GDP remained the same. Real GDP is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year.

Nominal GDP does not take into account the effects of inflation and does not provide a reliable measure of economic growth.

The increase in real GDP in 2011 is a sign of economic growth and indicates that the production of goods and services increased relative to the year 2010.

To know more about real GDP click on below link:

https://brainly.com/question/30737857#

#SPJ11

mike chooses a daas arrangement for his small business because it reduces costs. why is daas less costly than the traditional alternative? a. no in-house database installation, maintenance, or monitoring b. no backup capabilities or security measures c. promotional pricing intended to boost market presence d. fixed database storage capacity

Answers

Mike chooses a DaaS (Database as a Service) arrangement for his small business because it reduces costs. DaaS is less costly than the traditional alternative primarily due to reason A. no in-house database installation, maintenance, or monitoring.

DaaS is a cloud-based service where the service provider manages the database, taking care of installation, maintenance, and monitoring, thereby reducing the costs associated with these tasks. In a traditional setup, a business would need to invest in hardware, software, and hire professionals to manage the database, which can be expensive, especially for small businesses.


Moreover, DaaS offers scalability, meaning businesses can easily adjust their database storage capacity as per their requirements without incurring significant costs. This eliminates the need to invest in additional hardware and maintenance when expanding or downsizing the database.

In summary, DaaS reduces costs for small businesses like Mike's due to the elimination of in-house database installation, maintenance, and monitoring, and the flexibility to scale resources according to their needs. This allows businesses to save money and focus on their core operations, making DaaS a cost-effective alternative to traditional database management systems. Therefore the correct option is A

Know more about  DaaS here:

https://brainly.com/question/28943241

#SPJ11

what's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $1,550 at the end of year 4 if the interest rate is 5%? a.$11,474.44 b.$9,253.58 c.$7,773.01 d.$7,125.25 e.$7,402.86

Answers

The correct answer to the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $1,550 at the end of year 4 if the interest rate is 5% is $7,402.86.

The present value of a 4-year ordinary annuity of $2,250 per year plus an additional $1,550 at the end of year 4 if the interest rate is 5% is $7,402.86. This can be calculated using the present value of an ordinary annuity formula. The formula for the present value of an ordinary annuity is:

Present Value = Payment x {[1 - (1 + Interest Rate)-n]/ Interest Rate}

Where Payment is the regular periodic payment, n is the number of payments, and Interest Rate is the periodic interest rate.

In this example, Payment = $2,250, n = 4, Interest Rate = 5%, and the additional payment at the end of year 4 is $1,550. Using the formula, the present value of the annuity can be calculated as follows:

Present Value = $2,250 x {[1 - (1 + 0.05)-4]/ 0.05} + $1,550

Present Value = $2,250 x {[1 - 0.815]/ 0.05} + $1,550

Present Value = $2,250 x [0.185/0.05] + $1,550

Present Value = $2,250 x 3.7 + $1,550

Present Value = $8,425 + $1,550

Present Value = $9,975

Thus, the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $1,550 at the end of year 4 if the interest rate is 5% is $9,975. Since this amount must be paid today, the present value of the annuity must be discounted using the given interest rate. The discounting formula is:

Present Value = Future Value / (1 + Interest Rate)n

Where Future Value is the future value of the annuity, n is the number of periods until the future value, and Interest Rate is the periodic interest rate.

In this example, Future Value = $9,975, n = 4, and Interest Rate = 5%. Thus, the present value of the annuity can be calculated as follows:

Present Value = $9,975 / (1 + 0.05)4

Present Value = $9,975 / 1.2763

Present Value = $7,402.86

Therefore, the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $1,550 at the end of year 4 if the interest rate is 5% is $7,402.86.

To know more about ordinary annuity refer here :

https://brainly.com/question/13369387#

#SPJ11

further, cities and counties with a population of at least 500k residents are allowed to add an additional 1%, provided that they use this revenue for what purpose?

Answers

Further, cities and counties with a population of at least 500k residents are allowed to add an additional 1%, provided that they use this revenue for the purpose of funding a specific type of transportation project.

Cities and counties with a population of at least 500k residents are allowed to add an additional 1% if they use this revenue for the purpose of funding transportation projects that include improvements such as rail transit, ferry services, buses, and highways.

What are sales taxes?

A sales tax is a tax that is charged at the point of sale on the price of goods and services. It is collected by the retailer and passed on to the government. A sales tax is calculated as a percentage of the price of goods and services sold. Sales taxes can be levied by both state and local governments.

To know more about sales tax click on below link:

https://brainly.com/question/29442509#

#SPJ11

the size of the change in the quantity demanded of a good or service due to a change in its price is measured by the elasticity of demand. when the percentage change in the quantity demanded for a good or service is less than the percentage change in price, the demand for that good or service is and the measured price elasticity is . responses unitary; equal to 1 unitary; equal to 1 inelastic; less than 1 inelastic; less than 1 elastic; greater than 1

Answers

The size of the change in the quantity demanded of a good or service due to a change in its price is measured by the elasticity of demand.

The percentage change in the quantity demanded for a good or service is less than the percentage change in price, the demand for that good or service is inelastic; less than 1.The measured price elasticity is unitary; equal to 1. The price elasticity of demand is unitary, the percentage change in the quantity demanded is equal to the percentage change in price. This means that a change in price will result in a proportional change in the quantity demanded, and the revenue earned by the seller will remain constant.The price elasticity of demand is inelastic; less than 1, the percentage change in the quantity demanded is less than the percentage change in price. This means that a change in price will result in a smaller change in the quantity demanded, and the revenue earned by the seller will increase. In contrast, when the price elasticity of demand is elastic; greater than 1, the percentage change in the quantity demanded is greater than the percentage change in price. This means that a change in price will result in a larger change in the quantity demanded, and the revenue earned by the seller will decrease.

For search more questions on demand
https://brainly.com/question/28420400
#SPJ11

the concept that represents the sum of all costs associated with making and delivering products to the point where they are needed is called:

Answers

The concept that represents the sum of all costs associated with making and delivering products to the point where they are needed is called total cost of ownership (TCO).

TCO is a financial estimate that helps businesses and organizations calculate the complete cost of a purchase, taking into account all costs related to the purchase, ownership, and eventual disposal of the asset.

These costs can include acquisition costs (buying and installation costs), operating costs (energy consumption, maintenance and repair, and disposal costs).

Additionally, it takes into account both the direct and indirect costs associated with the purchase and use of a product or service. All of these costs must be considered to accurately calculate the total cost of ownership.

To know more about total cost of ownership (TCO) refer here:

https://brainly.com/question/30054450#

#SPJ11

Which one of the following selections uses a conversational but professional tone?a. Due to increasingly present vicissitudes in the market, this writer will be employing several corrective actions. b. GR8 news. The hag in marketing got fired. c. Janice, please implement the solution we discussed last week.

Answers

The selection that uses a conversational but professional tone is Janice, please implement the solution we discussed last week. (The correct option is c. Janice, please implement the solution we discussed last week.)

Option A - This statement sounds formal and is a proper way to describe a situation, but it is not conversational.

Option B - GR8 news is informal and slang. The use of the word hag is unprofessional, and the tone of the sentence is informal.

Option C - This sentence is professional and conversational, without being too informal or too formal. It is written in a friendly and professional tone. Conversational but professional tone is the best communication style for daily business transactions.

A conversational tone makes a message easy to understand, and a professional tone makes the message credible. Janice, please implement the solution we discussed last week, is a good example of this style.

Learn more about communication skill https://brainly.com/question/25645043

#SPJ11

true or false: many banks have begun requiring that paper-based confirmations be used in place of electronic confirmations.

Answers

"Many banks have begun requiring that paper-based confirmations be used in place of electronic confirmations" this statement is true because  the increased security that paper-based confirmations provide.

Paper-based confirmations can include checks, receipts, and other physical documents. These documents are harder to forge or alter than electronic confirmations, making them more secure. Additionally, paper-based confirmations provide a physical record of the transaction that is harder to erase or falsify. This makes them useful for verifying the authenticity of a transaction or the identity of the parties involved.

In order to make use of paper-based confirmations, banks must update their internal systems and policies. They must also put in place processes to ensure that paper-based confirmations are properly stored, tracked, and accounted for. Banks also need to invest in technologies that can scan and digitize paper documents in order to make them easier to manage.

Overall, paper-based confirmations are becoming increasingly popular as banks look to provide more secure services to their customers. They provide an extra layer of security that is difficult to replicate with electronic confirmations.

To know more about Paper-based confirmations :

https://brainly.com/question/14736099
#SPJ11

at lunchtime, a restaurant sold 51 small drinks for $2 each and 99 large drinks for $3 each. the restaurant manager estimates that, in total, large drinks brought in roughly $50 more than small drinks. is that a good estimate?

Answers

At lunchtime, a restaurant sold 51 small drinks for $2 each and 99 large drinks for $3 each. The restaurant manager estimates that, in total, large drinks brought in roughly $50 more than small drinks. The manager's estimate is a good one.

The manager of the restaurant needs to find the number of large and small drinks sold, respectively. Let the number of small drinks sold be x. Then the number of large drinks sold is 150 - x. Using the information given, the following equations can be formed: 2x + 3(150 - x) = total revenue from all drinks sold, 2x + 450 - 3x = total revenue from all drinks sold, and -x + 450 = total revenue from all drinks sold. The total revenue from all drinks sold is $450. If small drinks had contributed the same amount of revenue as large drinks, then they would have each contributed half of the total revenue: $225. However, we know that large drinks brought in roughly $50 more than small drinks. Therefore, the revenue from small drinks is approximately $175, while the revenue from large drinks is approximately $275. Therefore, the manager's estimate is a good one.

Learn more about revenue at https://brainly.com/question/16232387

#SPJ11

the fact that you see a starbucks on practically every corner would indicate that starbucks is most likely geographically segmenting based on

Answers

The fact that you see a Starbucks on practically every corner would indicate that Starbucks is most likely geographically segmenting based on the location of their target market or customers.

Starbucks is one of the world's leading coffeehouse chains that is based in the United States.

It has over 30,000 locations worldwide and is known for its high-quality coffee, delicious pastries, and cozy atmosphere. Starbucks has a widespread presence, and one can find Starbucks stores on every corner in big cities.

This wide availability of Starbucks stores is due to the company's geographical segmentation.

Geographical segmentation is the process of dividing a broad market into different geographical areas or regions. Starbucks uses this segmentation strategy to target customers in specific regions or areas.

Starbucks is most likely geographically segmenting based on the location of their target market or customers.

By doing so, Starbucks can increase its sales and brand recognition by reaching out to people who are likely to buy their products.

Starbucks stores are strategically located in high-traffic areas such as shopping malls, airports, universities, and hospitals.

This way, the company can cater to its target customers, who are usually busy people, and offer them the convenience of grabbing a cup of coffee on the go.

Starbucks has also been expanding its reach to other countries worldwide, with the same geographical segmentation approach.

To know more about geographically segmenting refer here:

https://brainly.com/question/29306227#

#SPJ11

when externalities are present, a. suppliers will refuse to produce desired goods and services. b. this indicates that property rights are well-defined and enforced. c. competitive market outcomes may be inconsistent with ideal economic efficiency. d. competitive markets will generally achieve ideal economic efficiency.

Answers

When externalities are present, competitive market outcomes may be inconsistent with ideal economic efficiency. The correct option is c.

What are externalities?

An externality is an economic concept referring to a cost or benefit that affects a third party that did not choose to incur that cost or benefit. Economists often represent externalities by writing down the formula S + EX - IM = I. This formula represents that the number of imports in a country is equal to the excess supply of exports minus the excess demand for that country's exports. When externalities are present, competitive market outcomes may be inconsistent with ideal economic efficiency. Externalities may cause markets to be either underproduced or overproduced, depending on whether the external cost or benefit is positive or negative. A negative externality results in an overproduction of the goods, whereas a positive externality results in an underproduction of the goods.

Therefore, in the presence of externalities, market outcomes may be inconsistent with ideal economic efficiency. The other options are incorrect because: Suppliers will not refuse to produce desirable goods and services even in the presence of externalities. Therefore, option A is incorrect. Property rights may not be well-defined and enforced in the presence of externalities. Therefore, option B is incorrect. Competitive markets may not achieve ideal economic efficiency in the presence of externalities. Therefore, option D is incorrect.

For more about externalities:

https://brainly.com/question/24233609

#SPJ11

in what way does design thinking differ from the commonly held notion of the innovation process? econ 125

Answers

Design thinking differs from the commonly held notion of the innovation process in the following ways:

In the design thinking process, emphasis is placed on empathy with the user's problem, while in the conventional innovation process, technological advancement is prioritized.The iterative process of problem identification and analysis is the first step in the design thinking process, while the conventional innovation process is a linear process.In the design thinking process, an interdisciplinary team is essential, while in the conventional innovation process, team members come from a single discipline.In the design thinking process, the problem and the end-users are at the center of the process, while in the conventional innovation process, technology is at the center of the process.In the design thinking process, prototyping is an important phase that leads to rapid iteration, while in the conventional innovation process, prototyping is conducted after the innovation is completed, and the product is taken to the market.A design-driven culture is a characteristic of design thinking, whereas innovation is the driving force behind the conventional innovation process, rather than culture.

to know more about design thinking refer here:

https://brainly.com/question/12108094#

#SPJ11

depending upon the type of plan, the patient's portion of the medical charges after the insurance has paid is known as the:

Answers

The patient's portion of the medical charges after the insurance has paid is known as the co-payment. Depending upon the type of plan, the patient's portion of the medical charges after the insurance has paid is known as the deductible.

Medical insurance is a form of insurance that provides coverage for medical and surgical costs incurred by the policyholder. Health insurance may cover medical expenses such as diagnostic tests, medicines, surgery, and hospitalization as well as routine medical checkups.

Health insurance reimburses policyholders for the expenses incurred as a result of medical attention provided by a licensed medical provider. A deductible is a fixed amount of money you have to pay before your insurance coverage starts paying for covered medical expenses.

When you file a claim with your insurance provider, the insurance provider will only pay after you've paid your deductible. Policyholders must fulfill their deductibles before insurance coverage begins to pay for covered medical expenses. The deductible is one of the most significant elements of any insurance policy, and it is typically expressed as a dollar sum.

In general, the larger the deductible, the lower the premium. However, a larger deductible also implies that policyholders must pay more out of pocket before insurance coverage kicks in.

To know more about insurance, refer here:

https://brainly.com/question/30270920#

#SPJ11

you tell me, how could new york city possibly lose money if they sold central park to real estate developers?

Answers

New York City could lose  tourism revenue, public recreation space, and the environmental benefits provided, no longer be accessible to the public as a park and would only benefit the wealthy individuals, Additionally, the loss of Central Park would negatively impact the city's reputation and potentially harm other industries that rely on the park's presence, such as the entertainment and hospitality sectors.


Central Park is a significant natural area in the heart of Manhattan, one of the world's busiest cities. It provides a plethora of environmental benefits such as air purification, carbon storage, and flood reduction, as well as recreational opportunities for the residents of New York City and the millions of visitors who flock to the park every year.

Central Park has also played a significant role in promoting tourism in New York City, with the park being a popular destination for people from all over the world. If Central Park were to be sold to developers and transformed into private real estate, the city's environmental health would be compromised, and the loss of a vital green space would have negative consequences for the public's mental and physical well-being.

Furthermore, losing Central Park would harm the city's reputation, which is one of the world's leading tourist destinations, and it would have a severe impact on industries such as hospitality and entertainment.

To know more about Central Park click on below link:

https://brainly.com/question/3521503#

#SPJ11

the proof of a crm effort is seen in: a. more tracked prospects making initial purchases. b. high levels of cognitive dissonance in customers. c. low levels of customer loyalty in new customers. d. high levels of inconsistency among customers in terms of experience and belief.

Answers

All of these signs can be the proof of a successful CRM effort.

CRM or customer relationship management is a management strategy designed to improve the company's interaction with customers, thereby improving customer satisfaction and profitability. It's a marketing tool that focuses on customer retention and development while also improving customer loyalty.

A successful CRM initiative produces a return on investment by providing businesses with an improved understanding of their customers. CRM will help businesses keep track of customer behavior, habits, and patterns, allowing them to identify opportunities and resolve any issues that arise in the future.

The proof of a CRM effort can be seen by how effective the businesses are in customer retention, customer satisfaction, and customer acquisition.
A) More tracked prospects making initial purchases indicates that marketing strategies are targeting the right customers and convincing them to buy.
B) High levels of cognitive dissonance in customers can signal that customers are receiving conflicting messages, potentially leading to confusion and hesitation when making decisions.
C) Low levels of customer loyalty in new customers suggests that more effort needs to be put into building strong relationships and providing a personalized experience.
D) High levels of inconsistency among customers in terms of experience and belief could be an indication that customers are not receiving a consistent message and are being exposed to a variety of different experiences.

In conclusion, all of these signs can be indicative of a successful CRM effort. Tracking prospects and creating a cohesive experience for customers can help to build trust, loyalty, and a positive overall relationship with the brand.

For more such questions on CRM.

https://brainly.com/question/30433118#

#SPJ11

what term is used to refer to a business combination in which only one of the original companies continues to exist?

Answers

In a merger and acquisition (M&A) with an acquisition, one company acquires another company and continues to operate as the surviving entity, while the acquired company ceases to exist.

In a merger and acquisition (M&A) with an acquisition, one company acquires another company and continues to operate as the surviving entity. The acquired company ceases to exist as a separate entity and its assets and liabilities are transferred to the acquiring company. The acquiring company assumes control over the operations, assets, and liabilities of the acquired company, and may also take on its employees, customers, and other resources.

This type of business combination is often referred to as an acquisition, as it involves the purchase of one company by another. It is different from a merger, which involves the mutual agreement and combination of two companies to create a new entity. M&A with an acquisition is a common strategy used by companies to expand their operations, increase market share, and gain access to new customers and resources. It can be a complex process that involves careful planning, due diligence, and legal and financial considerations to ensure a successful outcome.

Learn more about merger and acquisition: https://brainly.com/question/15406191

#SPJ11

missionary salespeople are: group of answer choices salespeople who process routine orders for products that are presold by the company;

Answers

Missionary salespeople are sales representatives who promote the products or services of a company but do not complete transactions.

They educate customers on the benefits of the product and encourage them to make a purchase. Therefore, the correct answer is Salespeople who promote the products of the company by educating the customers.

selling in which the salesperson's role is to inform an individual with the power to influence others to buy a product, rather than to make a direct sale to that person; a missionary salesperson is also known as a Detailer.

In missionary selling, a salesperson focuses on building a relationship with an individual who can influence the buying decision, instead of trying to directly land the sale. This approach is a form of indirect selling.

Learn more about Missionary here:

https://brainly.com/question/25815229

#SPJ11

one of the primary benefits of the multiple-step income statement over the single-step income statement is that the:

Answers

The primary benefit of the multiple-step income statement over the single-step income statement is that it provides a more detailed breakdown of income, expenses, and profits, allowing for a better understanding of the company's overall financial performance.

This detailed breakdown of income and expenses is useful for tax purposes, as well as budgeting and forecasting future performance. The multistep income statement provides greater visibility in explaining the results of a company's operations. This is because it presents a detailed and separate description of revenues and expenses, allowing users to better understand the composition of the company's results.

In addition, it also offers a better comparison between the results of one period and the results of another, as it provides greater visibility of income and expense levels.

Lear More About Income statement

https://brainly.com/question/28936505

#SPJ11

if raising the price of sweetened beverages would cause the owner to receive less total revenue from the sale of sweetened beverages, the demand for sweetened beverages is

Answers

The demand for sweetened beverages is "elastic", meaning that a small change in price leads to a relatively large change in quantity demanded, resulting in a decrease in total revenue when prices are raised. Option D is correct.

This suggests that consumers are sensitive to price changes and have many alternative options to choose from, leading to a significant decrease in demand when prices are raised, and causing the store owner to receive less total revenue.

In this case, the implementation of the tax on sweetened beverages has increased the price of these drinks, causing a decrease in the quantity demanded. The store owner is concerned that if he passes the tax on to customers by raising prices, the decrease in demand would be so great that his total revenue would be lower than if he did not raise prices. This indicates that the demand for sweetened beverages is sensitive to price changes and consumers are likely to switch to alternative options, such as water or unsweetened beverages, when faced with higher prices.

Therefore, the store owner may need to consider alternative strategies, such as offering discounts or promotions to maintain his total revenue.

This question should be provided as:

A convenience store owner in Philadelphia was worried that the implementation of the 1.5 cents per ounce tax on sweetened beverages would cause the quantity demanded to fall by so much that he would be in a worse situation if he passed the tax on to customers by raising prices than if he did not raise prices. If raising the price of sweetened beverages would cause the owner to receive less total revenue from the sale of sweetened​ beverages, the demand for sweetened beverages is:

A. InelasticB. Unit elastic C. Perfectly inelasticD. Elastic

Learn more about elasticity of demand https://brainly.com/question/1048608

#SPJ11

why is the second step of risk management to assess the risks identified in the first step? multiple choice question.

Answers

The second step of risk management is to assess the risks identified in the first step because it is important to evaluate the potential impact of those risks. (C)

Risk management is a systematic approach to managing, assessing, and responding to risks. It involves identifying, evaluating, and prioritizing risks, as well as implementing measures to mitigate or reduce their impact.

The process of risk management includes several steps, including identifying risks, assessing the potential impact of those risks, prioritizing them based on their severity, and developing and implementing strategies to manage and mitigate them. The second step is to assess the risks identified in the first step.

This step involves evaluating the potential impact of each risk on the organization or project and prioritizing them based on their severity. It is important to assess risks in order to determine the most effective strategies for managing and mitigating them. (C)

Risk management is an ongoing process that requires constant monitoring and evaluation. It is essential for organizations to be proactive in identifying and managing risks in order to prevent negative consequences and ensure success.

To know more about Risk management click on below link:

https://brainly.com/question/4680937#

#SPJ11

Complete question:

why is the second step of risk management to assess the risks identified in the first step?

a. to determine what's missing

b. to avert the risk

c. to assess the risks identified in first step

what is an actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing?

Answers

The actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing is known as a contract.

What is a contract?

A contract is an agreement between two or more parties that creates a legal obligation to perform or refrain from performing specific acts. It is an actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing.

A contract is created when one party makes an offer and the other accepts it, and the parties enter into a mutual agreement on all of the terms of the agreement. In general, contracts are governed by state law, which establishes the essential elements of a contract and specifies the circumstances under which it is enforceable.

In conclusion, a contract is an actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing.

Learn more about Contract at https://brainly.com/question/984979

SPJ4

if freeman violates the terms of its labor-management agreement, what can an individual union employee do? multiple choice go on strike file a grievance

Answers

If Freeman violates the terms of its labor-management agreement, an individual union employee can file a grievance.

What is a grievance?

A grievance is a formal written complaint filed by an employee who believes that the employer has violated their rights under the collective bargaining agreement. This can include things like violating workplace safety rules or unfairly disciplining employees, among other things.

If a union worker has a problem with an employer's breach of the labor-management agreement, they may file a grievance. The worker must present their case to their union representative, who will then file the grievance on their behalf, according to the terms of the collective bargaining agreement.

The employer and the union representative will then attempt to resolve the issue through negotiation, and if no resolution is reached, an arbitration hearing may be held.

If Freeman violates the terms of its labor-management agreement, an individual union employee can file a grievance. Therefore, the correct answer is option b. file a grievance.

Learn more about grievance at

https://brainly.com/question/28516016

#SPJ11

an injunction is a court order for a party to a contract to question 36 options: pay consequential damages to the nonbreaching party of the contract. do something agreed to under an original contract. release the nonbreaching party from its contractual obligations. relinquish its right to enforce the contract. pay compensatory damages to the nonbreaching party of the contract.

Answers

An injunction is a court order for a party to a contract to release the non breaching party from its contractual obligations. Answer.c

What is an injunction? An injunction is a judicial order that prevents a person from continuing or repeating a particular act. The purpose of an injunction is to enforce or restrain specific conduct. The term "injunction" applies to a variety of legal situations. An injunction order is a court order that prohibits or mandates an action.

How is an injunction used in the context of a contract? An injunction may be used to enforce a contract or prevent a contract from being breached. The court can order a party to a contract to take specific actions or prohibit them from doing so. Injunctions are common in contract disputes.

When a contract is breached, the non-breaching party may file a lawsuit to obtain an injunction against the breaching party to prevent further breach or harm. An injunction order may be used to release the non-breaching party from its contractual obligations. The court may also order a party to pay compensatory damages to the non-breaching party of the contract.

So, option (c) release the non-breaching party from its contractual obligations is correct.

To know more about contractual obligation refer here:https://brainly.com/question/30564850

#SPJ11

a zero coupon bond with a face value of $1,000 that matures in 15 years sells today for $529. what is the yield to maturity?

Answers

The yield to maturity of the zero coupon bond with a face value of $1,000 and a maturity of 15 years is 9.36%.


To calculate the yield to maturity, we use the formula:

YTM = [(FV / PV)1/n - 1] x (1/n)


Where:

YTM = Yield to Maturity

FV = Face Value

PV = Present Value

n = Number of Years to Maturity


So, in this case:

YTM = [(1,000 / 529)1/15 - 1] x (1/15) = 9.36%

To know more about maturity click on below link :

https://brainly.com/question/14209366#

#SPJ11

tangible factors group of answer choices include the price and terms of agreement. are psychological motivations that influence the negotiations. include the need to look good in negotiations. cannot be measured in quantifiable terms. include the need to feel respected

Answers

Tangible factors include the price and terms of agreement. Psychological motivations that influence the negotiations include the need to look good in negotiations and the need to feel respected.

What is agreement?

Agreement is an arrangement or understanding between two or more parties in which each party agrees to do certain things or follow certain rules. It is a legal document that is signed by two or more parties who are willing to enter into a contract. It is a binding agreement between two or more parties that contains the details of the agreement, such as the parties involved, the terms of the agreement, the specific promises made, and the consequences of any breach of the agreement. It is an important legal tool that outlines the rights, responsibilities, and obligations of each party to the agreement. Agreement can also be used to settle disputes between parties, define the scope of a business relationship, and protect the interests of each party. Agreement is essential for any business relationship or contract, as it provides a clear understanding of each party's rights and responsibilities.

To learn more about agreement

https://brainly.com/question/28059883

#SPJ1

the notion that a service organization must focus on its employees before successful programs can be directed at customers is referred to as

Answers

Answer: The notion that a service organization must focus on its employees before successful programs can be directed at customers is referred to as the internal marketing concept.

Explanation:

What is the internal marketing concept?

The internal marketing concept refers to the act of treating the company's employees as internal customers. The term is used to define an approach that involves motivating employees and treating them as if they were customers who are being sold a service by the company. The approach involves ensuring that the employees are motivated and satisfied with the service they are providing before directing successful programs at customers.

Importance of internal marketing concept

The importance of the internal marketing concept is based on the following:

It strengthens employees' loyalty to the company: By treating employees as internal customers, companies are more likely to build strong relationships with their employees, which increases their loyalty to the company.It improves employee morale: When employees are treated as internal customers and their satisfaction is prioritized, it can increase their morale and motivation.It helps in reducing employee turnover: When employees are satisfied and happy with the service they are providing, it is less likely that they will leave the company.It helps in creating a good working environment: By focusing on employee satisfaction, companies can create a better working environment, which can lead to increased productivity and better quality service.

The internal marketing concept is therefore seen as a key element of successful service organization management and customer relationship management strategies.

To know more about the "internal marketing concept": https://brainly.com/question/14314710

#SPJ11

the difference between the net operating income (noi) and the equity before-tax cash flow (ebtcf) is:

Answers

The difference between net operating income (NOI) and equity before-tax cash flow (EBTFC) is that NOI is the net income of an operating entity, while EBTFC is the equity return of an investment before taxes are taken into account.

NOI is an accounting measure of how much an entity is making from its operations and is calculated by taking the total revenue of an entity, subtracting the total operating expenses, and subtracting any non-cash expenses. This figure gives you the amount of money the entity has earned from its operations before any other factors are taken into account.

EBTFC, on the other hand, is a measure of the return on an investment before taxes are taken into account. It is calculated by taking the total revenue of an investment, subtracting the total expenses, and subtracting any non-cash expenses, such as depreciation and amortization.

This figure gives you the amount of money the entity has earned before any taxes are taken into account.
In short, the difference between NOI and EBTFC is that NOI is an accounting measure of how much an entity is making from its operations, while EBTFC is a measure of the return on an investment before taxes are taken into account.

To learn more about net operating income here:

https://brainly.com/question/30749060#

#SPJ11

true or false: the government can raise its tax revenue by decreasing the per-unit tax on champagne.

Answers

According to the question of the government can raise its tax revenue, the answer will be false.

What is tax revenue?

Tax revenue is money collected by governments from its citizens for the purpose of funding public services, such as education, infrastructure, healthcare, and law enforcement. It is a major source of income for governments, and it is collected in a variety of forms, including income taxes, corporate taxes, sales taxes, fees, tariffs, and excise taxes. Tax revenue enables governments to provide essential services and to address public needs while also protecting the interests of its citizens. It also helps to keep the economy stable, as the money collected from taxes is often redistributed to those in need or used to fund government projects.

To learn more about tax revenue

https://brainly.com/question/30624322

#SPJ1

Other Questions
Find the range of the data below.(Help asappp please) kyle runs a store that sells small and large space heaters. the large heaters sell for $250 each with unit variable costs of $120, while the small space heaters sell for $80 each with unit variable costs of $30. currently, the small space heaters amount to 2,100 of the units sold, while the large heaters amount to 700 of the units sold. the fixed costs for the store are $126,000. what is the company-wide break-even point in units? select answer from the options below 1,800 units 2,000 units 1,350 units 900 units Two pieces of clay are thrown towards each other. The blue clay has a mass of 2 kg and is traveling at 1.5 m/s east. The red clay has a mass of 1.5 kg and istraveling at 2.5 m/s west (negative velocity). They stick together after they collide. What is the final velocity of the combined clay pieces after the collision? Eastis considered positive direction. how many electrons does cl want to gain? hint: how many are gained to form a stable noble gas electron configuration, ns2 np6 (octet rule)? hello if anyone sees this can they help me out?Select the statements that are TRUE about the Space RaceA) Sputnik I was the first successful satellite to be launched.B) The Space Race occurred during World War II.C) The Soviets were the first to walk on the moon.D) The purpose of the Gemini Project was to create the Apollo ship.E) The Soviets were the first to orbit the earth. engineers at the university of texas at austin are developing an advanced locomotive propulsion system that uses a gas turbine and perhaps the largest highspeed flywheel in the world in terms of the energy it can store. the flywheel can store 4.8 * 108 j of energy when operating at its maximum rotational speed of 15,000 rpm. at that rate, the perimeter of the rotor moves at approximately 1,000 m/s. determine the radius of the flywheel and its rotational inertia. Question 8 Suppose the graph of rectangle ABCD shows the scale drawing for a safety fence that Kenny is setting up around a construction area. Each unit on the graph represents 25 feet. After studying the scale drawing, Kenny decides to build a fence that encloses a larger area. If Kenny dilates rectangle ABCD by a scale factor of 2.5, and fencing costs $5.25 per foot, how much will he spend on fencing? how do i solve these ? ( step by step ) Name and draw a quadrilateral that is NOT a rectangle or a rhombus. Is there another shae you couldve drawn? Explain the channels through which corporations can make political contributions are. a. many and varied. b. limited. c. difficult to navigate. d. primarily tax loopholes. Which of the following responsibilities involves gathering project requirements and creating a project plan?A. Managing tasksB. Communicating project milestonesC. Forecasting the budgetD. Planning and organizing What act created "homelands" for black South Africans? Prevention of Organized Crime Act Magistrates' Courts Act Bantu Authorities Act Hubert hires thomas to build a casino in downtown funsville. The contract provides that the casino must be completed within a year, but does not specify when thomas must start. Thomas begins to build the casino seven months into the contract. In the eighth month, funsville enacts a law banning all casinos and prohibiting any casinos from being built or operated. Hubert and thomas's contract might have become. ? Whether the economy is in a recession is illustrated in the AD/AS model by how close the _____ is to the potential GDP line.a. AD curveb. AS curvec. AS and AD curved. equilibrium a strong lightning bolt transfers an electric charge of about 21 c to earth (or vice versa). how many electrons are transferred? avo which of the following best defines inconsistent retrievals? a. a concurrency control problem that arises when a transaction is occurring while other transactions are updating the same retrieved data. b. a concurrency control problem that arises when two transactions are occurring on the same retrieved data, resulting in inconsistent database requests. c. a concurrency control problem that arises when a transaction calculating summary functions over a set of data while other transactions are updating the same retrieved data. d. a concurrency control problem that arises when a database request is occurring while the same transaction is updating the retrieved data. In the context of strategies used in drug enforcement in the US, explain crop eradication and the problems associated with its implementation. Digital cameras store photograph onA. Image sensorsB. Camera lenses C. Memory cardsD. Viewfinders museums are interested in buying and exhibiting works that question 32 options: embody high-quality standards determined by experts. they can purchase cheaply. are very expensive because that shows they are valuable. they get from donors. determine the maximum axial force that can be applied so as not to exceed an allowable stress of 150 mpa. assume the length of the larger portion of the bar is 300 mm.