The task of a crisis management team is to mitigate conflict. A crisis management team is effective when crisis is preemptively identified and scenarios for resolution are in place. A crisis management team should promptly acknowledge crisis to employees and shareholders.
Answer:
Consider the following calculations
Explanation:
Expected pay off of investing 1000 in Rothko,LLC= probability of getting oil stock *increase in value ofstock= .37* 63% of 1000
= .37*630= 233.1
Similarly
Expected pay off of investing 1000 in Calder & co = .63* 37% of 1000= .63* 370= 233.1
Of investing 500 in each
Expected pay off= .37 * 63% of 500 + .63* 37% of 500
= .37* 315 + .63* 185= 233.1
Nike should purchase it's raw materials from organizations that meet ISO 9000 standards.
Explanation:
ISO 9000 is the international standard for quality and resource management employed according to the World trade organisation and thus has an international approval that is recognizable all over the world.
Nike as a leading and trusted brand across the world for footwear must keep i care that they meet the quality standard that will be accepted worldwide and meet the highest standards of the buyers justifying the popularity of their products which is ensured by the certification of ISO 9000.
Answer:
The correct answer is letter "A": path dependence.
Explanation:
Path dependency refers to the stage in which a company does not engage new ventures because it is too familiar with its current processes. Besides, the entity has the belief that continuing with the historical product is has been offering is more cost-effective than engaging in the production of a new good.
<em>The competitive advantage of the institution remains the same during the whole time which is a weakness because the market of the firm could change but the firm does not implement any measure to keep the pace of the market fluctuations.</em>
Answer:
C . Consulting
Explanation:
Ray, a manager at Senzel Inc. is utilizing consulting skills.
The lower-level managers he discusses with in order to understand the effect the software will have on the internal environment of the company refers to the CONSULTANT in this scenario.
Consulting can be defined as the process of giving advice or seeking the help of professionals regarding a particular subject in a specific field.
Consulting means to engage in the business of giving advice to professionals in a particular field.
Consulting is the act of helping people to solve problems of moving from their current level to their desired level.
A consultant refers to a professional who renders the service of giving advice to people in a particular field mostly in exchange for a fee.
