Describe why the development of a risk management plan is viewed as critical.
What will be an ideal response?
A successful answer will note that risk management plan development is a proactive way to manage risk. The development of such a plan requires buy-in at all levels in an organization and can help employees build risk awareness.
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The net income for a company was $60,000 last year and is $45,000 this year. The percent of increase or decrease is
a. 400%; b. 300%; c. 75%; d. 33.33%; e. 25%.
Acquisition involves the purchase of a whole company, a patent, or a license to produce someone else's product
Indicate whether the statement is true or false
For the third level of a nested list, you should use _____________
a. capital letters b. italicized words c. boldface d. lowercase Roman numerals
Which of the following is (are) true regarding a recognizable brand?
A. Customers trust its exceptional value. B. Instills an emotional attachment that creates brand loyalty. C. Identifies how a company is distinctive from their rivals. D. All of these answers are correct.