answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
luda_lava [24]
2 years ago
6

"The ability to execute a timely response to a crisis will determine your company’s ability to recover from that crisis. If each

individual is prepared and familiar with his or her role, there will be fewer careless and costly mistakes in the event of an actual crisis. Consequently, in order to be prepared, your company’s crisis team should practice drills and revise the company’s crisis management plan annually. Additionally, each member of the crisis team should receive annual training in crisis management."
Business
1 answer:
miskamm [114]2 years ago
8 0

Answer:

Which includes: (1) pre crisis (2)crisis event or response  (3) post crisis

Explanation:

We should understand that these are the three stage model of crisis management that provides the foundation.

For further clarity, let us analyse the there outline fundamentals of crisis management.

Pre crisis: This can be described as the realities or events that took place before the current crises. They are mostly what sets the benchmark for the design of the process of how best to deal with a crises during the crises event or response and post crises.

Crises event : A crisis event can be described as an ongoing or expected occurrence or event that has the potential of causing or leading to a ore complex and unstable situation such as a riot consequentially affecting  individual, group, community, or a whole society.

Post crisis : This can be described as the ripple effect, circumstances or the after effect of a crisis event. We should note that the term crisis are mostly associated with negativity thus the after effect are usually not positive.

You might be interested in
When using acronym meet to improve intercultural relations in work place what action does the T represent
dimaraw [331]
Ñhhhhhhhjjhhhhhhhhhhjjjj
3 0
2 years ago
The productivity gains achieved by specialization are due to A. comparative advantage. B. lower opportunity costs from switching
Ronch [10]

Answer:

Comparative advantage.

Explanation:

Comparative advantage is the ability to produce good and services at a lower opportunity cost compared to others , leading to lower selling price and competitive advantage over others .

Specialization is about concentrating on producing a few products in order to

build brands , expertise and gain maximum productivity leading to a reduction in selling price and  a comparative advantage.

4 0
2 years ago
Read 2 more answers
Consider the following information from the records of Bennington Corporation. The company uses the weighted-average method. Bri
Rom4ik [11]

Answer:

$3,735

Explanation:

The computation of the total cost that will be included in the numerator of that calculation is shown below:

= Beginning work in process + cost added during the period

= $350 + $3,385

= $3,735

Basically, we added the beginning work in process and the cost added during the period

The same amount is shown on the numerator side while calculating the cost per equivalent unit

3 0
2 years ago
To understand the competitive intensity of two industries, a business consultant conducted market concentration analysis by usin
MAXImum [283]

Answer:

4. more, more

Explanation:

Options includes: 1. less, more , 2. more, less, 3. less, less, 4. more, more

Based on this calculation, the consultant concludes that industry X is <u>more</u> concentrated market than industry Y and that industry X is <u>more</u> competitive market.

The intensity of Porter competition determines the level of competition that exists in an industry. This competition can be affected by many factors, including industry focus, replacement costs, fixed costs, and industry growth rates. The intensity of competition among competitors in a given industry refers to the extent to which companies in a given industry put pressure on each other and determine each other their profit potential. If competition is fierce, competitors are trying to steal profits and market share from each other.

8 0
2 years ago
Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000. Two days later Doughton returned $2
sleet_krkn [62]

Answer:

E) General journal

Explanation:

The general journal is used to record all the accounting transactions carried out by a company. If the company uses an accounting tool software or a more complete ERP software, the transaction should be recorded immediately or as soon as possible.

For example, the journal record for this transaction should be:

  • Dr Accounts Payable account 6,000
  • Cr Cash account 6,000

5 0
2 years ago
Other questions:
  • What two factors determine the risk a person takes by investing in property?
    14·2 answers
  • The XYZ Company is a world leader in medical device manufacturing. Aiming to continue its market position in this industry, the
    15·1 answer
  • During 2019, Revitup, Inc., an exercise video retailer, purchased $10,000 of videos for which it paid $7,000 and owes $3,000. Of
    7·1 answer
  • Rues and West Inc. is an automobile manufacturing firm. It produces and assembles all the parts of automobiles in its factory an
    9·1 answer
  • Which of the following is an example of the gambler’s fallacy? Question 20 options: "I know the chances of winning the lottery a
    10·1 answer
  • Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cas
    6·1 answer
  • Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
    7·1 answer
  • When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
    12·1 answer
  • An owner of a large ranch is considering the purchase of a tractor with a front-end loader to clean his corrals instead of hirin
    14·1 answer
  • Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Diff
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!