A realistic approach to managing risk is to
a. wait until the risk occurs then manage it.
b. brainstorm possible risks and assess their likelihood of occurrence and level of impact.
c. determine all the possible risks that could occur and add in contingencies into the project.
d. have a staff member assigned to only work on mitigating risks for projects.
b
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Avon, the world's leading direct seller of beauty products, has a(n) ________ statement, which is "to be the company that best understands and satisfies the product, service, and self-fulfillment needs of women globally."
A. vision B. intention C. goal D. mission E. rationale
How does accountability pressures differ from an individual negotiator to a team negotiator?
What will be an ideal response?
Time Bender Company makes watches and clocks. The following estimated data are available for the company's next fiscal year:Total direct labor costs: $1,700,000Total setup costs: $190,000?WatchesClocksExpected production800,000100,000Direct labor hours needed68,000 DLH17,000 DLHMachine setups needed1,000 setups1,000 setupsDetermine the setup cost per unit for the watches and the clocks if setup costs are assigned using a plantwide overhead rate based on direct labor hours. (Round to two decimal places.)
What will be an ideal response?
What are the three types of goal orientations?
a. money goal-oriented, intrinsic goal-oriented, and people-oriented b. learning, prove, and avoid c. intrinsic, extrinsic, and social d. status, power, and rewards