Janice's choice is an example of fiscal responsibility. Fiscal responsibility is characterized as utilizing the assets of the patient to amplify medical advantages while at the same time using the assets of the organization to boost cost-adequacy. Being monetarily dependable means settling on capable asset portion choices.
Answer with Explanation:
<u>Risk which can’t be mitigated</u>: The risks that the share price would fall due to sudden political environment instability or events that effects the economy will definitely affect the business operations as well. Thus are the risks that can not be mitigated at all. Another example would be Corona virus implications on the operation of the company which is again a risk that can't be mitigated.
<u>Risks, that aren’t worth the effort to reduce the exposure any further: </u>
The part of the sentence talks about the risk exposure which says that if the company doesn't resides in an area which is not prone to seismic activity and the chances of earthquake in a country is below 0.000001% which is almost negligible but still it is worthless to purchase the earthquake insurance. As this risk is almost negligible hence it is not worth the effort to reduce the exposure any further.
<u>Risks that wouldn't be addressed in short term due to other priorities: </u>
The risks that will not occur in the next 12 month, can be addressed after 6 months and thus allowing the company to prioritize the risks that must be resolved first. This means that if their is a risk that one of our several products that would be launched after 12 months from now will not be winning customer market can be addressed after 6 months because it is dependent on our future action. If we don't launch our product, our product is not rejected by the customer. Hence situations like this allows us to prioritize our risks.
Answer:
Steve will receive $752 dividend income on June 12.
Explanation:
=> Dividend is declared on May 6 to holders of record on Friday, May 22.
=> Aaron shares purchased before May 22 are:
500 shares on May 8
200 shares on May 16
100 shares on May 20
∴ 800 shares in total
Aaron is having Total 800 Shares as on May 22. So he will receive Dividend for 800 shares.
since Dividend per share = $0.94
, therefore
Total Dividend = 0.94 x Total share ==> 0.94 x 800
Total dividend = $752
Answer:
Indirect Distribution Sales Channel
Explanation:
The specialty chemical company has five companies that are the consumers of the specialty chemicals. Therefore, it is a Business to Business transaction between the specialty chemical company and their target business customers.
The company should utilize an indirect distribution network. It can be sales operations only where the chemical is manufactured and being supplied to companies in Brazil. There should be carefully selected distributors who have their locations near the five companies. This network, will reduce lagging time of order delivery and sales efficiency will increase.