what is agriculture ​

Answers

Answer 1

Answer:

when you grow plants and food by yourself; farms

Answer 2

Agriculture is the process of producing food, feed, fiber and many other desired products by the cultivation of certain plants and the raising of domesticated animals (livestock).


Related Questions

Items owned that could be sold for cash

Answers

Clothes, shoes, jewelry, makeup, old electric devices... and so on
Clothes,shoes, jewelry, furniture,art work,

"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?

Answers

Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.

Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.

In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.

By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.

From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.

It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.

However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.

It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.

In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.

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Monetary policy that lowers the interest rate is called _____ because it _____. (5/5 Points) contractionary; aims to head off inflation expansionary; increases aggregate demand contractionary; reduces saving and increases consumption expansionary; increases short-run aggregate supply

Answers

Answer:

Monetary policy that lowers the interest rate is called expansionary, because it increases aggregate demand.

Explanation:

The monetary policy that generates a drop in interest rates is called expansionary, since it generates that, as the eventual benefits from investments in public bonds are lower, the capital is turned over to consumption or to the financing of private investments, thus generating a greater economic growth. In this way, as there is a greater circulation of money, the population demands greater quantities of goods and services, which ends up reactivating the economy.

Two companies, Ghost and Phantom manufacture similar printer color cartridges. The following data for the two companies for the year 2020 are provided below:

Ghost ($) Phantom ($)
Sales revenue 90,000 108,000
Total costs 63,000 72,000
Variable Costs 40 % of sales revenue 40%
Required:
1- Calculate the Break Even Point (BEP) in dollars for each company.
2- Calculate the percentage margin of safety for each company.
3- If sales of the product in Ghost company are equal to 3,000 units, determine the BEP (in units), and present the Break-even chart.
4- In 2020, Phantom plans to increase the variable cost by $4 while the fixed cost and the selling price will remain constant. Calculate the number of units to be sold in order to earn the same profit as Ghost in 2020 (the number of units for both Phantom and Ghost is equal to 3000).
5- Based on your answers to parts 1 and 2, Discuss which company has a safer financial position, and why.

Answers

1. The calculation of the break-even point in dollars is

                                                     Ghost ($)      Phantom ($)

Break-even Point in dollars       $45,000      $48,000

                                            ($27,000/60%)      ($28,800/60%)

2. The calculation of the percentage margin of safety is as follows:

                                                     Ghost ($)      Phantom ($)

Percentage margin of safety             50%       55.6%

                          ($45,000/$90,000 x 100)       ($60,000/$108,000 x 100)

The margin of safety = Sales revenue - break-even revenue

=                                          $45,000         $60,000

3. The determination of the break-even units in Ghosts Company is as follows:

= Fixed costs/Contribution margin per unit

= 1,500 units ($27,000/$18)

4. The calculation of the number of units to be sold for Phantom Company to increase its variable cost by $4 ($18 from $14) with the fixed cost and the selling price remaining constant is 1,600 units ($28,800/$18).

What is a break-even chart?

A breakeven chart shows the sales volume level at which total costs equal sales revenue.

In a break-even chart, losses are incurred below the break-even point, and profits are earned above the break-even point

Thus, the break-even chart plots revenue, fixed costs, and variable costs on the vertical axis, and volume on the horizontal axis.

Data and Calculations:

                                              Ghost ($)     Phantom ($)

Sales revenue                        90,000          108,000

Total costs                              63,000            72,000

Variable Costs                       40 % of sales revenue 40%

Variable costs =                    $36,000          $43,200 ($108,000 x 40%)

Contribution margin             $54,000          $64,800

Fixed costs =                         $27,000          $28,800 ($72,000 - $43,200)

Contribution margin ratio     60%                 60% (100% - 40%)

1. Break-even Point in dollars $45,000      $48,000 ($28,800/60%)

2. Percentage margin of safety 50%       55.6% ($60,000/$108,000 x 100)

The margin of safety = Sales revenue - break-even revenue

=                                          $45,000         $60,000

3. Break-even units in Ghosts Company = Fixed costs/Contribution margin per unit

= 1,500 units ($27,000/$18)

Sales price per unit = $30 ($90,000/3,000)

Variable cost per unit = $12 ($36,000/3,000)

Contribution margin per unit = $18 ($30 - $12)

4. The calculation of the number of units to be sold for Phantom Company to increase its variable cost by $4 ($18 or $14 + $4) with the fixed cost and the selling price remaining constant is 1,600 units ($28,800/$18).

Sales price per unit = $36 ($108,000/3,000)

Variable cost per unit = $18.40 ($55,200/3,000)

Contribution margin per unit = $18 ($36 - $18)

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What is the underlying premise of the resource-based view? Group of answer choices Firms generally have very similar capabilities stemming from almost identical resources Imitation of resources is the best way to achieve competitive advantages Firms differ in fundamental ways because each firm possesses a unique bundle of resources Firms' intangible resources can be very difficult to imitate

Answers

Answer:

Firms differ in fundamental ways because each firm possesses a unique bundle of resources

Explanation:

The resource-based view can be regarded as managerial framework utilized in finding strategic resources that can be exploited by a firm so that sustainable competitive advantage can be achieved. It should be noted that the underlying premise of the resource-based view is that Firms differ in fundamental ways because each firm possesses a unique bundle of resources

The blank of 1947 stipulates norms for the manufacture labeling and distribution of pesticides thereby protecting agriculture workers in the blank

Answers

Answer:

osha and enviroment

Explanation:

Answer:

FIFRA & environment

Explanation:

The blank of 1947 stipulates norms for the manufacture labeling and distribution of pesticides thereby

what is a title bar in excel?

Answers

Answer:

It shows what section you want to go to. This can change your font-size,  help a business project calculation, and etc.

Explanation:


4. What would be the best pricing strategy for a deli opening in a competitive business
district where the lunchtime rush is the bulk of the business? Explain your answer

Answers

Answer:

During the times of opening, the business can offer lucrative and attractive discounts and deals such as buy one get one free deals or opening offers or different deals and discounts to gain competitive business advantage.

Explanation:

Make an spreadsheet for the following dataset
Given that the Price of the Good is 6 pesos per unit output.
Compute the FF:
Total Cost
Average Total Cost Input X
Average Total Cost Input Y
Average Fixed Cost Input X
Average Fixed Cost Input Y
Average Variable Input X
Average Variable Input Y
Marginal Cost Input X
Marginal Cost Input Y
Average Physical Product Input X
Average Physical Product Input Y
Marginal Physical Product Input X
Marginal Physical Product Input Y
Marginal Factor Cost for Good X
Marginal Factor Cost for Good Y

Make an spreadsheet for the following datasetGiven that the Price of the Good is 6 pesos per unit output.Compute

Answers

To calculate the various cost and production-related metrics, we need additional information such as the quantity of input X and Y used to produce the output.

What is the meaning of production and cost?

The term "production costs" refers to all of the direct and indirect expenses organizations incur when producing goods or rendering services. Labor, raw materials, consumable manufacturing supplies, and general overhead are just a few examples of the costs that might be included in production costs. Production and costs have the opposite relationship. Overall expenses are made up of both total fixed and total variable expenses. The recurring, non-variable expenses a business incurs are added together to form total fixed costs. The total cost (TC) is hence the sum of the total fixed and variable costs. The fixed costs consist of salary, rent and lease payments, utility charges, insurance, and loan repayments.

Without this information, we cannot calculate the required metrics. However, assuming that we have the necessary data, we can use the following formulas to calculate the different metrics.

1)   Total Cost: TC = (Total quantity of input X * Cost per unit of input X) + (Total quantity of input Y * Cost per unit of input Y)

2)    Average Total Cost (ATC) Input X: ATC X = TC / Total quantity of output.

3)  Average Total Cost (ATC) Input Y: ATC Y = TC / Total quantity of output.

4)   Average Fixed Cost (AFC) Input X: AFC X = Total fixed cost / Total quantity of output.

5)  Average Fixed Cost (AFC) Input Y: AFC Y = Total fixed cost / Total quantity of output.

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why is it difficult to compare relative job growth for different sized businesses

Answers

The point at which a small business becomes a large one is difficult to pinpoint. Because of this, it is challenging to compare relative job growth for businesses of varying sizes.

Small businesses are more likely to have?

Small businesses are more likely than large businesses to have: an administrative method for making decisions. A small business is better positioned to receive feedback and observe shifting preferences because it is closer to its customers. A smaller company can shift gears more easily than a larger one, especially if it hasn't spent a lot of money on outdated infrastructure.

It is difficult to predict the process by which a small business grows into a large one. It could be brought on by a variety of external factors, such as shifting consumer preferences or the application of cutting-edge technology within the company that better meets the requirements of customers. It is also difficult to make comparisons between the job growth of large and small businesses due to this circumstance.

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Complete question -

why is it difficult to compare relative job growth for different sized businesses ?

Suppose the total damage function is given as D = M2 for M ≥ 0. Suppose the total abatement cost function is given as TAC = 96M − 0.2M2, where M is emissions

Answers

Answer:

so like what is your question

Why should providers seek to minimise health plan rate differentials

Answers

Providers seek to minimize health plan rate differentials to prevent the market/business from being compelled to abandon plans with smaller reductions.

What is health plan ?

Programs or organizations that offer health benefits in any way—directly, through insurance, through reimbursement, or in another way—are referred to as health plans. The following are just a few examples of health plans: a health insurance plan. a service benefit organization's contract.

An individual's care needs, the services they will receive to meet those needs, who will offer the services and when, and who will supply the services are all identified in a personal plan.

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What is the difference between final goods and intermediate goods?

Answers

A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.

B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.

Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:

1. Final Goods:

Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.

2. Intermediate Goods:

Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.

The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.

It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.

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Prepare a business plan for farming five cows for milk production ?​

Answers

Answer:

Creating a dairy farming business plan is always a good strategy, it will be your saviour as it will act as a reference guide for your business.

Executive summary

Summary.

Company description.

Market Analysis.

Organization description.

Product Line.

Marketing plan.

Marketing team.

Funding request and use.

Explanation:

Harrods PLC has a market value of £136 million and 4 million shares outstanding. Selfridge Department Store has a market value of £38 million and 2 million shares outstanding. Harrods is contemplating acquiring Selfridge. Harrods’s CFO concludes that the combined firm with synergy will be worth £194 million, and Selfridge can be acquired at a premium of £10 million. a. If Harrods offers 1.2 million shares of its stock in exchange for the 2 million shares of Selfridge, what will the stock price of Harrods be after the acquisition?

Answers

Answer:

the stock price after the acquisition is $37.30

Explanation:

The computation of the stock price after the acquisition is given below:

= Worth of combined synergy ÷ (outstanding shares = harrods shares)

= £194 million ÷ (4 million + 1.2 million)

= £194 million ÷ 5.2 million shares

= $37.30 per share

hence, the stock price after the acquisition is $37.30

We simply applied the above formula so that the correct answer could come

Please submit your idea for a practical, innovative, and marketable product or service (it’s just for a project)

Answers

Um...I decided to share these ideas because they are an upgrade of the things we use in daily life. These inventions make things more fun.

Banana skin caution wet floor signs. Fun caution signs shaped like slippery bananas. ...

Basket ball hoop over trash can. Trash cans where you can slam dunk your trash. ...

Create your own 6-pack machine. Machines where you can pick your own 6-pack. ...

Rechargeable USB batteries. Batteries you can charge via USB. ...

Slides beside stairs.

Sunglasses with solar-powered fans. ...

a TV channel that only plays commercials. ... (for stores)

9. Give four reasons why Omondi satisfy hunger for food before going entertainment (4mks) 10. Highlight four differences between goods and services (4mks) Services​

Answers

The reason why Omondi will satisfy hungler for food before going to Chaka Ranch for entertainment includes:

Basic wants are essential for survival. Resources are limited. Hunger pangs can be distracting/It can interfere with his enjoyment of the entertainment.

Why does Omondi satisfy his hunger?

By eating first, he can fully focus on and enjoy the entertainment without feeling uncomfortable or distracted by hunger. The entertainment venues also offer expensive and unhealthy food options, which may not be suitable for Omondi's dietary preferences or budget.

By eating, he can avoid spending money on unnecessary food or consuming food that does not align with his dietary choices. Also, some entertainment venues may not offer food at all.

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Question 5
If an individual has a Holland code suggesting Conventional strengths,
career in which field might be most satisfying?
h
O Finance
O Teaching
O Food Service
O Medicine

Answers

If an individual has a Holland code suggesting Conventional strengths, the career in finance field might be most satisfying. Thus, the correct answer is option B.

What is a Holland Code?

The Holland Codes, also known as the Holland Occupational Themes, are a taxonomy of interests based on a career and vocational choice theory developed by American psychologist John L. Holland.

The Holland Codes are a component of the Strong Interest Inventory, which is used to assess interests. Holland defines the "Conventional Type" as a person who has "a preference for actives that entail the explicit, ordered, systematic manipulation of data . These behavioral tendencies, in turn, lead to the development of clerical, computational, and business system competencies.

Therefore, a career in finance would be appropriate for an individual who has a Holland code suggesting Conventional strengths.

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Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax’s sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $400,000. During 2021, Halifax sold merchandise on account for $12,500,000. Halifax merchandise costs it 70% of merchandise selling price. Also during the year, customers returned $613,000 in sales for credit, with $338,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 5% of sales, are recorded as an adjusting entry at the end of the year. A) Prepare the entry to record the merchandise returns and the year-end adjusting entry for estimated returns. Note: Record the estimated returns at net amounts. B) What is the amount of the year-end allowance for sales returns after the adjusting entry is recorded?

Answers

A)To record the merchandise returns: Sales Returns and Allowances $613,000 Accounts Receivable $613,000 To record the year-end adjusting entry for estimated returns:

Estimated Sales Returns and Allowances $625,000Allowance for Sales Returns and Allowances $625,000 The estimated sales returns and allowances of $625,000 is calculated as follows: Sales = $12,500,000 Estimated returns (5% of sales) = $625,000 Since $338,000 of the returns were for merchandise sold prior to 2021, we need to subtract this amount from the total returns to determine the amount of returns for merchandise sold during 2021: Returns for merchandise sold during 2021 = $613,000 - $338,000 = $275,000 The net amount of the estimated returns is calculated as follows: Estimated returns = $625,000 Less: Returns for merchandise sold prior to 2021 = $338,000 Net estimated returns for merchandise sold during 2021 = $287,000 The adjusting entry is recorded for the net estimated returns of $287,000. B) The year-end allowance for sales returns after the adjusting entry is recorded is calculated as follows: Refund liability at the beginning of the year = $400,000 Add: Returns for merchandise sold during 2021 = $275,000 Subtract: Net estimated returns for merchandise sold during 2021 = $287,000 Year-end allowance for sales returns = $388,000 Therefore, the year-end allowance for sales returns after the adjusting entry is recorded is $388,000.

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Management must consider many factors when choosing the predicted level of activity. These factors include all of the followingmultiple select question. O scheduling global conditions O product demand customer O input condition of equipment

Answers

These factors include scheduling global conditions. The process of organising, managing, and optimising work and workloads in a manufacturing or production process is known as scheduling.

Scheduling is used to plan for human resources, distribute resources for buildings and equipment, organise work processes, and purchase items. You can prioritise key chores with a factors, and you can also see potential time wasters. Since you can't make more time in the day, a timetable enables you to make the most of the time you do have to be more productive. Making a schedule keeps you on track to reach your objectives and encourages you to consider what you want to do each day, each week, and each month.

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Proactiv and George Foreman Grill became successful after appearing in television commercials that asked customers to call a toll-free number or go to a website to order the products. This is an example of _____. Not Telemarketing

Answers

The given scenario of making use of television commercials to make sales is known as Infomercials

What is Advertising?

This refers to the practice of creating awareness for a group of products so that people can buy the goods.

Hence, we can note that because Proactiv and George Foreman Grill became successful after appearing in television commercials, and persuading people to buy their products, this is an example of infomercials.

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I. A clinic encourages its customers to have their bond checked with the claim that one out
of four 60-year-old men need to be supplemented with glucosamine. If this is true, what is
the probability of the following events:
a. Two out of the next eight 60 year-old men need to be supplemented with glucosamine
b. Three out of the next 12 60 year-old men need to be supplemented with glucosamine

Answers

A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.

Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.

Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.

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1. Why is running a Website typically lesa
expensive than running a storefront business?

Answers

Answer:

storefront businesses mean electricity bills, water bills, employee payments, while a website you usually pay one fee and get paid.

10. The yield to maturity of a $1000 bond with a 7% coupon rate, semiannual coupons, and two years to maturity is 7.6% APR, compounded semiannually. What must its price be

Answers

Based on the information given the price is $989.06.

Price

7.6% APR semiannual rate =7.6/2=3.8%

The Cash flows of bond are an annuity of four payments= $35

Face value=$1000

Now let determine the price

Present value=35/(1+.038)^1 + 35/(1+.038)^2+ 35/(1+.038)^3 1000+35(1+.038)^4

Present value=35/(1.038)^1 + 35/(1.038)^2+ 35/(1.038)^3 1000+35(1.038)^4

Present value=$989.06

Inconclusion  the price is $989.06.

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Compute the present value of an ordinary annuity that pays​ $13,000 per year for 15 years at​ 10%.
Present value of ordinary annuity of​ $1:
​7%
​8%
​9%
​10%
​12%
11
7.499
7.139
6.805
6.495
5.938
12
7.943
7.536
7.161
6.814
6.194
13
8.358
7.904
7.487
7.103
6.424
14
8.745
8.244
7.786
7.367
6.628
15
9.108
8.559
8.061
7.606
6.811

Answers

Answer:1184%

Explanation:

Evaluating your results is important because it helps you to ________. a. Prevent future problems from occurring b. Implement your solution more efficiently c. Identify possible causes of the problem d. All of the above Please select the best answer from the choices provided A B C D

Answers

Answer:

its D: all of the above

Explanation:

Evaluating the results is important because it helps us to prevent future problems from occurring, Implement your solution more efficiently, Identify possible causes of the problem or all of the above. Thus option (D) is correct.

What are problems?

Problems are situations or conditions that are perceived as undesirable or difficult to overcome, and that require some kind of action or solution in order to be resolved. Problems can arise in various areas of life, such as personal relationships, work, health, finance, or politics.

Identifying and addressing the problems is an important part of problem-solving, decision-making, and critical thinking, and can lead to positive outcomes and personal growth.

The evaluation of the  results is important because it helps us in many ways, as I said above. Therefore, option (D) is correct.

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Question 6 of 10
A risk response plan lists your risks, including identified risk causes, description, and
Select an answer:
potential impacts
why the risk can't be avoided
your sponsor's assignee to handle risk
issue register

Answers

A risk response plan lists your risks, including identified risk causes, descriptions, and Option A. potential impacts.

The Risk Response Planning is a process that recognizes potential risks, assesses them, and establishes management plans to reduce or prevent them. Risk response plans should describe the expected outcome of each response action, any significant input from stakeholders, and the time and resources required to carry out the response. A risk response plan typically includes the following sections:

Risk Management Plan Preparation - This section provides guidance for preparing the risk management plan's remainder. It describes the recommended contents of the risk management plan and the recommended process for preparing it.

Risk Identification - This section identifies risk sources that might cause a negative outcome for the project. It also provides a risk identification checklist that the project team can utilize as a starting point for identifying risks.

Risk Analysis - This section analyzes each identified risk's potential impact on project success by estimating the probability of occurrence and the potential effect on the project's objectives.

Risk Response Development - This section outlines the strategies and actions for managing risks. It includes contingency plans for high-priority risks and an implementation plan for all other risks.

Risk Response Control - This section describes how to evaluate the effectiveness of the risk response strategy, establish contingency plans, and implement corrective action as needed.

Risk response plans should be developed in collaboration with stakeholders to ensure that the project's risks are addressed appropriately. In addition, they should be reviewed regularly and updated as necessary throughout the project. The most important part of any risk response plan is the risk response strategy, which describes the specific actions to be taken in response to each identified risk. Therefore, the correct option is A.

The question was incomplete, Find the full content below:

Question 6 of 10

A risk response plan lists your risks, including identified risk causes, descriptions, and

Select an answer:

A. potential impacts

B. why the risk can't be avoided

C. your sponsor's assignee to handle risk

D. issue register

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Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:

State of Nature

Decision Alternative

Reject, s1

1 Year, s2

2 Years, s3

Produce pilot, d1

-100

50

150

Sell to competitor, d2

100

100

100

The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:

P(F) = 0.69

P(s1 | F) = 0.09

P(s1 | U) = 0.45

P(U) = 0.31

P(s2 | F) = 0.26

P(s2 | U) = 0.39



P(s3 | F) = 0.65

P(s3 | U) = 0.16



Construct a decision tree for this problem.

What is the recommended decision if the agency opinion is not used? What is the expected value?

Answers

Answer:

To construct the decision tree, we can follow these steps:

1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).

2. Assign the payoffs for each decision alternative under each state of nature.

3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.

4. Assign the probabilities of each state of nature at the chance nodes.

5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.

6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.

Here is the decision tree for this problem:

| Produce pilot (d1)

| -100

|____________

/|\

/ | \

/ | \

/ | \

P(F) = 0.69 / | \ P(U) = 0.31

/ | \

/ | \

/ | \

/ | \

s1 / | \ s2

/ | \

/ | \

/ | \

/ | \

/ | \

50 | F U F | 100

| |

| |

| |

| s3 | s3

| |

150| F | 100

|_______________________________|

If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).

To calculate the expected value:

Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))

= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)

= -6.93 + 8.97 + 66.88

= 68.92

Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))

= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)

= 13.95 + 12.09 + 4.96

= 30

Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.

Common size financial statements help an analyst to:
Select one:
a. Evaluate financial statements of companies within a given industry of the approximate same size.
b. Determine which companies in a similar industry are at approximately the same stage of development.
c. Compare the mix of assets, liabilities, capital, revenue, and expenses within a company over a period of time or between companies within a given industry without respect to size.
d. Ascertain the relative potential of companies of similar size in different industries.

Answers

Answer:C

Explanation:

Compare the mix of assets, liabilities, capital, revenue, and expenses within a company over a period of time or between companies within a given industry without respect to size.

How soon does a landlord have to return a security deposit in Florida?

Answers

Answer:

15days

Explanation:

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