Managing risks involves assessing _________ and negative _____________.
a. outcomes, feedback
b. goals, publicity
c. probability, impact
d. performance, impact
c. probability, impact
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Cash and all other assets that may be reasonably expected to be converted to cash or consumed within one year or the normal operating cycle of the business are classified as
a. temporary investments. b. marketable securities. c. current assets. d. investments.
Which of these is not an acceptable inventory costing method under IFRS?
a. FIFO b. Specific Identification c. Average cost d. LIFO
Emily wants to purchase a tablet device. She is unsure about what hardware and apps she will need. As a result, she has begun asking for advice from her friends and relatives. In addition, she has talked to several salespeople at Apple and Best Buy and has looked at some websites, such as HP and Dell. Emily is engaging in
A. an internal search. B. problem recognition. C. an external search. D. the creation of an antecedent state. E. a purchase task.
Firms should be careful with a ________ strategy, as price is a cue for developing customer perceptions of product quality. The value proposition may be reduced if a low price belies the product's actual quality attributes.
A. penetration pricing B. price skimming C. target ROI D. competitor-based pricing E. value pricing