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You are a risk manager in a manufacturing company. One of your key responsibilities is securing of property insurance coverage to provide protection against damage caused by “acts of God,” such as earthquakes, hurricanes, floods, etc. You begin the process with exposure due diligence, which is focused on estimating the chances of a single “act of God” occurring in the course of the upcoming year, as well as the chances of two or more “acts of God” materializing (also in the course of the next year).
? Determine where you might be able to find valid data for this type of analysis.
? Justify the use of the concept of conditional probability in the context of your task—more specifically, discuss how you would use conditional probability in your exposure due diligence efforts. Support your discussion with relevant examples, research, and rationale.
A small design agency you are consulting for will be creating client Web sites and wants to purchase a Web server so they can host the sites themselves. How will you advise them on this purchase?
a customer service center has customers call with questions about the use of a product. the mean arrival rate of
what observations/recommendation could you make to management about the existing business model?
Differentiate between the three major organizational forms. Examine the advantages and disadvantages of each form and discuss some of the critical factors that might lead you to choose one form over the other.
What are the main advantages that quantitative techniques for forecasting have over qualitative techniques? What limitations do quantitative techniques have?
If you were marketing a new running shoe, what sort of mobile applications might enhance your marketing efforts? Describe how your strategy might provide insights into consumers' sentiments about the new product line.
Henry has two people who can check cars out for a rental. One works at the service counter and the other works in the office and can come out to help if needed. Is this a wise move? What is the average time the customer takes from when he/she arrives..
Does Medicaid's medically needy category make sense to you? Why or why not? For example, is it a good idea to discount medical expenses so high-need individuals can access healthcare through Medicaid?
Your firm reduces its days in receivables from 87 to 67, which generates $3.4 million of new investment funds. Growth rate in new equity will increase because: (please discuss the reason for your choice) 1.Total asset turnover will increase 2.Investm..
Determine the various control and support functions needed to manage a small business effectively. Which best practices can be applied to the greatest number of small businesses? Explain your rationale.
Provide a summary of the key theory issues that draw so many people to Transformational Leadership, and illustrate with supportive statements from the course or workplace that correlate.
How do the elements of the marketing mix align with the four strategy categories in the left-hand column? Does every one of the 4 P's contribute to each of the strategic objectives established in the left-hand column?
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