A grid charting the potential frequency and severity of losses is called a
A) risk management information system.
B) risk management Intranet.
C) risk management web site.
D) risk map.
Answer: D
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Goodwill has to be evaluated for impairment once a year, as well as on an interim basis as the time events and circumstances warrant
a. True b. False Indicate whether the statement is true or false
Which of the following is the most accurate statement concerning the use of primary and secondary research methods?
a. Secondary research helps to establish a starting point for primary research. b. A researcher typically chooses between secondary and primary research as the better alternative for obtaining information for the particular problem. c. Primary research is the predominant research method selected for a study, with secondary research available as an option, if needed. d. Secondary research includes observation, experimentation, and normative surveys.
A gun manufacturer in Helena, Montana agrees to sell guns and ammunition to the ATF in Washington, D.C. The terms of the contract specify that the goods are to be shipped "FOB, Chicago." When does the buyer acquire title and risk of loss?
a. When the goods reach Chicago. b. When the goods are delivered to the carrier in Montana. c. When the goods are tendered in Washington D.C. by the carrier. d. When the goods reach Washington D.C.
Why must successful managers recognize opportunities and threats in their company external environment?
A. If they identify all of the environmental opportunities, they are guaranteed to acquire large market share. B. If they miscalculate the market, opportunities will be lost. C. If they identify all of the environmental threats, they are guaranteed to acquire large market share. D. If they misread the market, they are likely to become rich.