Put the listed steps in the corresponding parentheses in the risk assessment and response approach diagram below.(A) Avoid, share or accept risk(B) Reduce risk by implementing controls(C) Is it cost beneficial to protect the firm from the risk?(D) Estimate the likelihood of each risk occurring(E) Identify control to mitigate the risk(F) Estimate the costs and benefits from instituting controls(G) Identify the risks(H) Estimate the impact or potential loss, from each risk
What will be an ideal response?
G D H E F C A (No) B (yes)
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The _____ is the law that makes it illegal for employees of U.S. companies to make "questionable" or "dubious" contributions to political decision makers in foreign nations.
A. Global Ethics Accord B. Internationalist Agreement C. PATRIOT Act D. Expatriate Accord E. Foreign Corrupt Practices Act
Once a firm decides to enter the international market, what is the next step in the decision-making process?
A) deciding on the marketing organization B) deciding on the marketing program C) deciding how to enter the market D) deciding how to adapt the product to the new market E) deciding which markets to enter
Under an effective system of internal control, errors occur only as a result of fraud or dishonesty
Indicate whether the statement is true or false
Land is an example of a plant asset
Indicate whether the statement is true or false