A company operates an oil refinery. To reduce risk the company has decided to implement significant controls over safe operations. This is an example of:

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Answer 1

If  company has decided to implement significant controls over safe operations. This is an example of: Risk reduction.

What is risk reduction?

Risk reduction can be defined as the way of preventing disasters or  unforseen or unexpected circumstance by implementing control.

Risk reduction is important as it help prevent loss of life and properties and it as well help to maintain sustainable future.

Therefore this is an example of: Risk reduction

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Related Questions

The decision framework that is based on the relative distance between home and a foreign target country is the ______.

Answers

The decision framework that is based on the relative distance between home and a foreign target country is the CAGE Distance Framework.

What is CAGE Distance Framework?

The CAGE Distance Framework is use to determine the difference between countries using cultural, geographic and economic status of the countries.

CAGE is also used to understand the different patterns of business among people and the flows.

Therefore, The decision framework that is based on the relative distance between home and a foreign target country is the CAGE Distance Framework.

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1.
There are three main credit reporting bureaus -- Equifax, Experian, and TransUnion. How
frequently can you request and receive a free credit report from each bureau?

Answers

Every Credit user is entitled to a free credit report every 12 months (1 years) from either of Equifax, Experian, or TransUnion.

What are credit reporting agency?

These are agency that maintains only an historical credit information on individuals and businesses.

The maintained historical credit information helps in preparation of the credit report and score of all individuals and businesses in United states..

In U.S., the three main credit reporting bureaus includes the Equifax, Experian and TransUnion.

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Economic activities that involve the extraction of natural resources, such as lumbering, fishing, mining, and agriculture, are called:.

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Activities that do that are called adolescent

the life isnurance policy in which dealth benefits last a lifetime but premiums are all paid after a specified time period is an

Answers

The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.

Merilee is a seamstress in a garment factory, and she is paid $10 for each skirt she produces. What compensation plan does this describe?

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Assuming she is paid $10 for each skirt she produces. This  compensation plan describe what is called piece rate.

What is piece rate?

Piece rate  can be defined as the process in which employee are being paid based on the number of product produced by the employee.


Some companies or employer tend to make use of piece rate pay by paying their employee based on the quantity of goods the company manufacture on a daily basis.

Inconclusion this compensation plan describe what is called piece rate.

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What does a membership organization have that a nonmembership organization does not?.

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What a membership organization have that a nonmembership organization does not have is members from the public sector.

What is a public sector?

public sector serves as a portion of the economy which entails all levels of government and government-controlled enterprises.

This sector doesn't encompass private companies as well as voluntary organizations, and households.

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Msi is considering outsourcing the production of the handheld control module used with some of its products. the company has received a bid from monte legend co. (mlc) to produce 11,000 units of the module per year for $17.00 each. the following information pertains to msi’s production of the control modules: direct materials $ 8 direct labor 4 variable manufacturing overhead 4 fixed manufacturing overhead 8 total cost per unit $ 24 msi has determined that it could eliminate all variable costs if the control modules were produced externally, but none of the fixed overhead is avoidable. at this time, msi has no specific use in mind for the space that is currently dedicated to the control module production. required: 1. compute the difference in cost between making and buying the control module. 2. should msi buy the modules from mlc or continue to make them? 3-a. suppose that the msi space currently used for the modules could be utilized by a new product line that would generate $41,000 in annual profit. recompute the difference in cost between making and buying under this scenario. 3-b. does this change your recommendation to msi?

Answers

Msi should continue to make  control module because buying the control module will result into incremental cost of $11,000 to the msi.

Differential analysis

1. Differential analysis

Buy control module (Alt 1) or Make control module (Alt 2)

 Buy control module       Make control module   Differential effect on cost

                    (Alt 1)                      (Alternative 2)                   (Alternative 2)

Purchase price $187,000                   -                                     ($187,000)

(11,000×$17)

Direct materials  $0                        $88,000                              $88,000

(11,000×$8)

Direct labor         $0                        $44,000                              $44,000

(11,000×$4)

Variable  overhead $0                    $44,000                              $44,000

(11,000×$4)

Fixed overhead $44,000                 $44,000                                $0

(11,000×$8)

Total cost  $231,000                          $220,000                           ($11,000)

Difference in cost $11,000

2. Based on the above differential anaylsis msi should continue to make  control module reason being that buying the control module will result into incremental cost of $11,000 to the msi.

3a. Differential analysis

Buy control module (Alt 1) or Make control module (Alt 2)

 Buy control module       Make control module   Differential effect on cost

                   (Alt 1)                      (Alternative 2)                   (Alternative 2)

Purchase price  $187,000                   -                                     ($187,000)

(11,000×$17)

Direct materials    $0                        $88,000                              $88,000

(11,000×$8)

Direct labor           $0                        $44,000                              $44,000

(11,000×$4)

Variable  overhead $0                    $44,000                              $44,000

(11,000×$4)

Fixed overhead  $44,000                 $44,000                                $0

(11,000×$8)

Less profit from new product line

                 ($41,000)                              $0                                     $41,000

Total cost $190,000                          $220,000                           $30,000

Difference in cost $30,000

3b. Based on the above differential anaylsis msi should buy the control module reason being that buying the control module will result into incremental savings of $30,000 to the msi. The recommendation to msi is changed based on the new scenario.

Inconclusion Msi should continue to make  control module because buying the control module will result into incremental cost of $11,000 to the msi.

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The minimum amount of reserves that a bank is required by law to hold and not lend out is called its

Answers

When a bank holds a minimum amount as reserves as required by law, this is the required reserves.

What are required reserves?

These are a certain percentage of every deposit made into a bank that they are to keep as reserves and not loan out.

These reserves are to ensure that the bank still has some money to pay out to depositors even in the event of financial crises. They are also useful in government monetary policy.

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If a company uses straight-line depreciation, the average investment is calculated as: (Check all that apply.)

Answers

If a company uses straight-line depreciation, the average investment is calculated as: Average Investment = (Beginning book value + salvage value)/2.

What is average investment?

Average investment can be defined as the start up capital  or amount of money that will be needed to start up a business.

Using straight line method Average investment can be calculated using this formula:

Average Investment = (Beginning book value + Salvage value)/2

Inconclusion Average Investment = (Beginning book value + salvage value)/2.

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The Finnish company Nokia was an early industry leader in cell phones. This is an example of ______.

Answers

Answer:

National competitive advantage

Explanation:

I could be wrong but i found flashcards with that question with that as the answer so yea \

\

19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio

Answers

Answer:

Internet

Explanation:

Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.

The target audience for an advertising campaign is the Group of answer choices people toward whom the advertisements are directed. sales objective to be achieved by the campaign. overall goal of the advertising campaign. geographic distribution of persons. information base on which to develop the campaign.

Answers

The target audience for an advertising campaign is people toward whom the advertisements are directed.

What is advertising campaign?

Advertising campaign refers to serious of product related activities designed to get the attention of customers.

Indidviduals and companies advertise in oder to increase awareness about their products and then sell them afterwards.

Hence, the target audience for an advertising campaign is choices people toward whom the advertisements are directed.

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Scott, the chief operating officer of Barcelona Restaurant Group, does not take long interviews because he:

Answers

Looking at the case study, COO Scott doesn't take long interviews because he thinks candidates don't speak the truth in interviews.

How to conduct an effective interview?

The interview is a useful tool in the recruitment process, and its purpose is to get to know the candidate's personality better and understand their experiences and qualifications. For this, it is essential that the questions are structured and organized according to the needs of the company.

Therefore, the interview is an effective method for a more direct and dynamic conversation between the recruiter and the candidate, and when done well, it can be decisive in the hiring process.

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if you buy a $10,000 U.S. Treasury bond ('T note') with a 2.5% coupon rate that pays semi-annually, what will be your yield after the first six months? what will your par value be when it matures?

Answers

Answer: The U.S. Treasury Series I Savings Bonds are 30-year instruments whose interest rate is reset every six months and are a way to help protect one from inflation. The rate is a combination of an inflation calculation over a six-month timeframe and a fixed rate determined by the Treasury Secretary. With inflation increasing this year to multi-decade highs, the inflation calculation for I Bonds bought until April 30, 2022, pay 7.12% for six months.

Explanation: i hope this helps :)

Using your debit card responsibly will increase your credit score slightly, but less than using a credit card will.

Answers

The given statement is true that using the debit card responsibly will increase your credit score slightly, but less than using a credit card will.

What is credit card?

A credit card is a payment card that is issued to users to inform them of their need to pay a merchant for goods and services based on their outstanding debt.

The credit score will rise slightly if a holder of a card use the debit card responsibly, but not as much as if you use a credit card.

Using of credit Card will increase the credit score, by demonstrating how you manage credit on a regular basis, credit cards are one of the finest strategies to establish credit and enhance your credit scores.

Therefore, the given statement is true.

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When using enigma process data, it collects, cleans, organizes, integrates and analyzes the data. As a result, what is it doing?.

Answers

The enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.

What is a data acquisition?

A data acquisition refers to the process of digitizing data from the environment so that its can be displayed, analyzed, and stored in a computer.

Hence, the enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.

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A customer service team identifies a goal of three business days for addressing all customer concerns. In the context of a control process, this goal is

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A customer service team identifies a goal of addressing the customers by imitating corrective action.

What is Customer support teams?

Customer support teams serves as the team that provide technical assistance with products so as to answer customers' questions .

Conclusively, The goal of customer support teams is to provide the customers with interactions and answers to their questions.

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Compared to college seniors who do not have student loan debt, seniors who have student loan debt are _____.

Answers

Compared to college seniors who do not have student loan debt, seniors who have student loan debt are known to have a crisis that affects them in the future.

What is a student loan?

This is a type of loan that is offered to students in the United States of America. The aim of these loans is to help the students with finance for their tertiary education.

The loans are meant to cater for their tuition, books and other college fees in the school.

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The demand for money is downward sloping, because at higher interest rates, a. the opportunity cost of holding money is constant. b. the opportunity cost of holding cash is lower. c. the opportunity cost of holding money is higher. d. the opportunity cost of holding money is decreasing

Answers

The demand for money is downward sloping, because at higher interest rates because opportunity cost of holding money is constant

What Is Opportunity Cost?

Opportunity cost is the cost that is given away when a particular products or services is chosen over another.

Opportunity cost could be some benefits that is attached to using a product which will be lost of such product is substituted for another.

Therefore, the demand for money is downward sloping, because at higher interest rates because opportunity cost of holding money is constant.

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James is considering joining an electronic exchange so that his business can purchase needed supplies easily and possibly at better prices. James would prefer to join an exchange that is open to anyone in his firm's market space. Which type of electronic exchange is James considering

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The type of electronic exchange that James is considering as he prefer one that is open to anyone in his firm's market is known as an independent electronic exchange.

What is an electronic exchange?

This refers to a trading platform that allows the matching of buying and selling orders as well as price determination which are performed through a computer.

In conclusion, the independent electronic exchange is a platform which will allows the exchange to be open to anyone in the firm's market.

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what do risk managers need to do to help their company successfully launch a new product ? (is the new product going to be a WINNER or a LOSER)

Answers

Answer:

WINNER

please mark brainliest me :)

If a property appreciated 2% in the past year, how much would the property be worth today if it was valued at $220,000 a year ago

Answers

The value of the property today after it has appreciated in value is $224,400.

What is the value of the property today?

When a property appreciates in value, it means that it becomes more valuable to own the property. The property becomes more expensive when it appreciates.

Value of the property = (1 + appreciation) x initial alue

1.02 x $220,000 = $224,400.

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You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?

Answers

We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.

What is homeowner's insurance?

This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc

A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.

Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.

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Plan the meeting. Planning a meeting includes selecting the place and time, inviting the appropriate people, determining the purpose of the meeting, and creating an agenda. In the area below, compose an e-mail to send to the team members. In the e-mail, include the place and time, the purpose, and the agenda. Determine the meeting place and time.
Invite the appropriate employees.
Be clear about the purpose of the meeting.
Create an agenda, send it to team members in advance, and stick to it.
Ask all members to report their status.
Discuss solutions to issues.
End the meeting on time.
Send out meeting minutes.

Answers

To write an email planning a meeting, planning focus on three pillars is essential:

PurposePeopleProcessHow to write an email requesting a meeting?

It is essential to be clear and objective about the purpose and agenda, so that members can prepare in advance, contributing with solutions and clarification on the topic.

Therefore, the schedule must be reviewed and consistently adhered to so that the objectives of the meeting are met and each member can effectively contribute to the results.

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How should and should accountants adapt to the digital age?

Answers

Accountants can become more adaptable by keeping up with evolving trends, planning ahead and thinking about the future. Individuals might feel stressed when faced with unexpected difficulties, but having the ability to adapt and determine alternative options helps the best accountants cope with change.

All real estate advertising (use of business stationary, newsletters, billboards, etc.) must be done only with the ____________ knowledge and consent.

Answers

When making use of real estate advertising, it is important to get both the broker's knowledge and consent to create awareness.

What is Advertising?

This refers to the creation of awareness for a product or service to get people to buy and create sales and profit as a result.

Hence, in the case of real estate advertising, it is vital that the broker is aware and gives his consent before the awareness creation is done about a piece of property.

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· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%

Answers

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

What does the check say?

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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If the U.S. imports $500 billion worth of goods and services from China and sells $200 billion worth of goods and services, then the U.S. is running a

Answers

If the U.S. imports $500 billion from China and sells $200 billion worth of goods and services, then the U.S. is running a trade deficit.

What is a trade deficit?

The trade deficit arises when the net exports are negative instead of positive.

A trade deficit describes the balance of trade, which is the difference between the monetary value of the United State's exports and imports over a certain period.


Thus, if the U.S. imports $500 billion from China and sells $200 billion worth of goods and services, then the U.S. is running a trade deficit.

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Project manager Anna is working with her team on risk management. Match the components of risk management with what each component involves.
includes risk identification
includes impacts of risks and
responses
Includes action for minimizing risks
Includes risk monitoring
includes analysis of consequences
includes prioritization of measures

Answers

These management of risk serves as assessment and controlling of threats to an organization's capital and earnings.

What is risk management?

This management entails the identifiying, analyszing and responding to risk factors that form part of the life of a business.

The risk identification in risk management includes documenting and communicating of concern of threats.

The impacts of risks & responses in risk management includes efforts to assess the consequences of an existing risk.

The action for minimizing risks inculudes use of insurance to minimize loss occuring from a risk.

The action of risk monitoring tracks and evaluates the levels of risk in an organisation.

In conclusion, the risk management is an essential part for an a project management because a managed risks will significantly increase the likelihood of project success.

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Answer:

includes risk identification- Risk Evaluation

includes impacts of risks and responses- Risk Control

Includes action for minimizing risks- Risk Control

Includes risk monitoring- Risk Evaluation

includes analysis of consequences- Risk Evaluation

includes prioritization of  measures- Risk Control

Explanation:

Which form do you use to inventory the unexpended ammunition and residue you receive from the training field

Answers

The form that can be used to inventory the unexpended ammunition and residue you receive from the training field is DA Form 5203.

What is ammunition?

It should be noted that ammunition simply means the material fired, dropped or detonated from any weapon.

In this case, the form that can be used to inventory the unexpended ammunition and residue you receive from the training field is DA Form 5203.

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