The answer is "risk management".
Risk management is the way toward distinguishing, evaluating and controlling dangers to an association's capital and income. These dangers, or dangers, could originate from a wide assortment of sources, including money related vulnerability, legitimate liabilities, key administration mistakes, mishaps and cataclysmic events. IT security dangers and information related dangers, and the hazard the executives systems to lighten them, have turned into a best need for digitized organizations. Thus, a hazard the executives plan progressively incorporates organizations' procedures for recognizing and controlling dangers to its advanced resources, including restrictive corporate information, a client's actually recognizable data and protected innovation.
Options:
A. The number of products can differ from the number of outputs when the joint production of one product produces multiple outputs. All of these outputs generate revenues, such as the offshore processing of hydrocarbons yields purified water that is bottled as well as yielding oil and gas.
B. The number of products can differ from the number of output when the joint production process of two or more products become separately unidentifiable. Therefore a company can have multiple outputs with only one product having a positive sales value. If multiple kinds of timber (logs) are processed into standard lumber and wood chips, standard lumber is the one product that has positive sales and wood chips are the recycled back into the environment.
C. A product is any output that has a positive sales value (or an output that enables a company to avoid incurring costs). In some joint-cost settings, outputs can occur that do not have a positive sales value. The offshore processing of hydrocarbons yields water that is recycled back into the ocean as well as yielding oil and gas.
D. A product is any output that has a positive sales value (or an output that enables a company to avoid incurring costs). The products of a joint production process that have low total sales values compared with the total sales value of the main product or of joint products are called byproducts. The fine-grade lumber and standard lumber are joint products and the wood chips are byproducts.
Answer:
C
Explanation:
A joint-cost production process may result in different outputs, but not all of them are products, for example in oil and natural gas extraction processes, you also get water which is an output but not a product since it is returned to the environment. Many times depending on the location of the oil field, even natural gas is not considered a product and it is simply burnt.
Monetary policy is the guideline issued by the central bank, currency board or other regulatory committee that determines the size and rate of growth of the money supply. This in turn affects the interest rates and inflation. Consumer spending is affected by the monetary policies because if the regulatory agencies decrease the reserve requirement or reduce the interest rates, this creates incentives for banks to loan and business to borrow. This promote spending on the part of the consumer as well since they can borrow money at a lower interest rate and new businesses will emerge that would offer more variety of products or services that consumers may spend for.
Answer:
Increased cultural diversity
b. False