A broker is concerned about the potential for litigation as a result of actions his licensees may take. He's implementing a risk management plan to reduce the level of risk his firm faces. What's the first step he should take

Answers

Answer 1

A broker first step should take, to identify the risk.

What is risk management?

The process of discovering, evaluating, and controlling risks to an organization's resources and profits is known as risk management.

The risk management process is made up of five fundamental processes that are used to control risk. It starts with identify the risk, analyze the risk, prioritize the risk, treat the risk, monitor the risk.

Hence, the significance of the risk management is aforementioned.

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Related Questions

Changes in an individual's behavior resulting from previous experiences is:

Answers

Changes in an individual's behavior resulting from previous experiences is: Learning.

What is learning?

This can be described as the changes that are evident in a person as a result of instructions that they received.

Learning is only said to have taken place when there is a difference between what was and what now exists.

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What is the reason for okazaki fragments being formed during dna replication

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The reason for Okazaki fragments being formed during DNA replication is to enable replication of the 3' - 5' (lagging) strand.

What is the Okazaki fragments  about?

Okazaki fragments is known to be created on the lagging strand and it is used for the synthesis of DNA in direction of  5′ to 3′ in line to the replication fork.

The reason for Okazaki fragments being formed during DNA replication is to enable replication of the 3' - 5' (lagging) strand.

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1. Under which type of law would a dispute concerning copyrights be addressed?

common law

contract law

civil law

statutory law

2. A neighbor hires his son’s friend to mow his grass once a week. His son’s friend is 14 years old. This implied contract would be deemed invalid because it did not meet which component of a valid contract?

capacity

mutual agreement

consideration

legal purpose

3. A police officer pulls you over on the Interstate and gives you a ticket because you broke the law by failing to signal a lane change. What type of law did you break?

common law

statutory law

code law

civil law

Answers

1. (D) Statutory law

Statutory laws are written laws that have been approved by a legislature (either a state or federal legislature).Statutes may require specific action, prohibit them act as declarations of intention or lay out the ways in which government will act in certain circumstances

So, this proves that if any dispute related to copyright be addressed in Statutory law with all rules and regulations.

2.  (A) Capacity

Valid contract is a written or expressed agreement between two parties to provide a product or service.An age of a person is defined i.e. 18 years to come in valid contract but if a contract made with a minor is considered as a void contract.

3. (A) Statutory law

Statutory laws are written laws that have been approved by a legislature (either a state or federal legislature).Statutes may require specific action, prohibit them act as declarations of intention or lay out the ways in which government will act in certain circumstances.

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Due to FX Company's poor financial performance, John received a decrease in both his pay and benefits. He received a job offer from BT Corp. that included a significant pay increase, but he turned it down because he felt morally obligated to remain with FX despite its financial troubles. John's feelings toward his organization are best characterized as:

Answers

John feeling's toward his organization is known as a normative commitment as he turned down a new job despite the current job's financial troubles.

What is a normative commitment?

This refers to when an employee believed he/she most stay committed to a particular target and most remain obligated in an organization.

Most time, the commitment exist in an employee when they feel a sense of obligation to the organization and want to pursue better opportunities.

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During a sales presentation, your client asks you whether the medicare agency recommends that she sign up for your plan or stay in original medicare. What should you tell her?

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The best thing to tell the client is that the Medicare agency does not endorse or recommend any plan.

What is Medicare?

This refers to the healthcare program in the United States that provides health insurance to people that are over 65 years old.

Hence, we can see that when a person is making a sales presentation and is asked whether there is a recommended plan for them in the medicare agency, the best answer would be to tell the person that the Medicare agency does not endorse or recommend any plan.

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Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that the euro is going to appreciate substantially over time. Assuming the firm is correct, the ideal strategy is to: a.remain unhedged. b.purchase euro currency put options. c.purchase euro currency call options. d.sell euros forward. e.purchase euros forward.

Answers

Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.

What should Johnson Co. do?

The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.

They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.

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Pam and Marian have formed a limited partnership in the state of Massachusetts. Their business does well, and as it continues to expand, they would like to transact business in New Hampshire and Connecticut as well. They file applications with the secretaries of state in New Hampshire and in Connecticut. If they are issued certificates of registration in New Hampshire and Connecticut, their business will be considered a ________ in those states.

Answers

If Pam and Marian are successful in their application to New Hempshire and Connecticut, they will get a Certificate of Registration.

What is a certificate of registration?

This is a legal document that is issued by the government of an area to show that a company can operate in the area because they have met the necessary requirements.

If Pam and Marian are cleared by the Connecticut and New Hampshire states, they will get Certificates of Registration.

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Any model is based on making assumptions because

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Generally, the economic model is based on making assumptions because of an inability to analyze economic issue unless the complexity is reduced and the models have to be simplified to make it useful.

What is an economic model?

This refers to a simplified description of reality that is designed to yield hypotheses about economic behavior that can be tested.

However, this economic model is based on making assumptions because of an inability to analyze economic issue unless the complexity is reduced and the models have to be simplified to make it useful.

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A Blank______ identifies the product or brand, the package contents, and other information like where the product was made, when, and by whom. Multiple choice question.

Answers

Labeling identifies the product or brand, the contents of the package, and the data written on the product.

The second option is the correct answer.

What is a product?

Product is referring to the goods manufactured or services rendered by a company in the consumer market.

Labeling is one of the activities involved in the marketing of a product. In this process, a label is put on the product specifying the name of the product, its brand, the contents available, a manufacturing company, net weight, ingredients used, etc.

Question's missing part:

The options are given as follows:

1) Branding

2) Labelling

3) Packaging

4) Warehousing

Therefore, the labeling on the product is the correct answer from the provided options.

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Which sentence best completes the diagram?

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When the Federal Reserve lowers the interest on reserves the prime rate decreases

When the prime rate decreases the economy slows down and consumers start to restrict the purchase and industries curtail to expand Hence Federal Reserve decreases the reserve ratio so that consumers and businesses take more loans and the economy pace upWhen the Federal Reserve decreases the reserve ratio, it lowers the amount of cash that banks are required to hold in reserves, allowing them to make more loans to consumers and businesses. This increases the nation's money supply and expands the economy. As reduced finance costs can encourage borrowing and investing, the Federal Reserve reduces interest rates to promote economic growth. Rates, on the other hand, might encourage excessive growth and subsequent inflation when they are too low, which would lower purchasing power and jeopardize the sustainability of the economic development.

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Briefly analyse the role of the public manager by indicating his/her role in directing all resources towards achieving strategic objectives

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The role of the public manager is to plan, organize, direct and control organizational resources to achieve strategic objectives.

What are the responsibilities of public managers?

It is a professional responsible for managing resources in order to satisfy the needs of a public, as in governmental institutions whose objective is to promote public health and safety.

Therefore, a public manager must be able to analyze the needs and manage an organization effectively to achieve the objectives determined by planning.

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With regard to promoting standards of excellence, LaFasto and Larson (2001) identified three Rs that help improve performance: require results, review results, and ______.

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The 3 Rs that LaFasto and Larson (2001) identified as imporant to improve performance includes:

require resultreview resultreward result

Who is LaFasto and Carl Larson?

These are economist that explored the performance question for more than 20 year and also proposed a model called "Five Dynamics of Teamwork and Collaboration.

In conclusion, the 3 Rs that LaFasto and Larson (2001) identified as important to improve performance includes require result, review result and reward result.

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Tammie was communicating to her employees the proper way to handle abuse in the workplace. one individual kept interjecting comments while tammie was speaking. this behavior is known as ______ and can be a serious barrier to effective communication.

Answers

The behavior of Tammie when he was talking to employees and  one individual kept interjecting comments  is known as interruption and can be a serious barrier to effective communication.

What is an effective communication?

An effective communication is one whereby the speaker as well as the audience is able to communicate the message in an effective way.

It involves the audience to be able to receive the message the is been pass across without any barrier between the speaker and the audience.

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The main elements of market structure are

Answers

Answer:

the number and size of sellers, entry and exit barriers, nature of product, price, selling costs.

A firm experiences diseconomies of scale when it:

Answers

A firm experiences diseconomies of scale when it: grows so large that the cost per unit has to increase.

What is referred to as diseconomies of scale?

This has to do with the fact that a business has become so large. When it grows to be so big, the cost for every unit would then have to raise.

Limited resources and infrastructure could be the reasons why there may be diseconomies of scale.

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Multiple Choice Question Tresses, Inc., which has a December 31 year end, lent $1,000 on December 1 to an employee at 6% due in 6 months. When will Tresses record Interest Revenue? It will record ______. Multiple choice question. an adjusting entry on December 31 with a debit to Interest Receivable and credit to Interest Revenue for the interest generated in December a daily entry with a debit to Interest Receivable and credit to Interest Revenue for each day's interest generated interest earned on the payment date with a debit to Cash and credit to Interest Revenue for the 6 months of interest generated

Answers

Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

What is an Adjusting entry?Adjusting entries and journal entries used in accounting and accounting to assign income and expenditure to the period in which they actually occurred. They are often made at the end of an accounting period. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for adjusting entries related to unearned and accrued revenues. Because they are done on balance day, they are occasionally referred to as balance day adjustments.Revenues and related costs are recorded in the same accounting period according to the matching concept of accrual accounting. The actual money, however, can be received or paid at a separate period.What is Interest receivable?The amount of interest that has been earned but has not yet been paid out in cash is known as interest receivable. Many organizations won't record this number because they believe it to be irrelevant.

Therefore, it will record an Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

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HELPPPPP

Is this statement correct? "My social security plus what I have put in a regular
savings account will cover all of my retirement expenses."
A. Yes. That sounds about right.
B. No. I can live on less than that. All I need is social security.
C.
No. Three years income and the 25% I may receive from my company's
pension plan will take care of me.
No. I should plan on having a retirement income that is 80% of my working
D.
income.
Question 4

Answers

Answer:

Yes, that sounds about right

Explanation:

Till the age of retirement, a person's mostly expenses are finished, like growing his children, educate them, get them married, etc. He is left with only few expenses like running the house or meet his personal expenses. So the Social Security and some regular savings would be enough for him to lead a respectable life in the society. Also, his children are settled enough to fulfill his expenses at this point of his life. So there is no necessity to invest in a retirement plan that pays you 80% of your regular income. Social security and savings would be enough for the person.

Kent bought a $1,000, 20-year U.S. Treasury bond that paid six percent annual yield when he was 22. How much would that bond be worth 20 years later when it matured?

Answers

The bond bought by Kent at the age of 22 for $1000 at the rate of six percent will be worth around $3207 at maturity.

What is a bond?

A bond is a debt instrument, which is subscribed by an individual at a fixed rate of return, in order to earn a secured rate of return at the time of maturity of such bond.

The formula used to calculate the rate of maturity of bond will be as below,

[tex]\rm Compounded\ Annuity\ = Amount(\dfrac{1}{1+rate})^n\\\\\rm Compounded\ Annuity\ = 1000(\dfrac{1}{1+0.06})^2^0\\\\Compounded\ Annuity= \$3,207.14[/tex]

Hence, the rate of return of the bond on maturity is as calculated above.

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Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Cute entirely off the market this year. Assume Chester scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Chester or other companies. Without Chester's product Cute how much can the industry currently produce in the Core segment

Answers

The answer should be 2

In the tiered architecture, the erp application is stored on the ________ tier

Answers

The erp application is stored on the business logic tier in tiered architecture.

What is an erp application?

Also called a Enterprise resource planning software, involves the use of software, technologies and systems  to manage and integrate their core business processes.

As the tiered architecture is concerned, the erp application is stored on the business logic tier.

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Which components can store logs on the check point secure management architecture? 2. What

Answers

The Security Management Server &  Security Gateway is the components that can store logs on the check point secure management architecture.

What is a secure management architecture?

This refers to the collection of strategies and tools that is intended to keep the organization information secure and safe.

Among other options, the Security Management Server &  Security Gateway is the components that can store logs on the check point secure management architecture.

Therefore, the Option B is correct.

Missing options 'A. SmartConsole

B. Security Management Server and Security Gateway

C. Security Management Server

D. SmartConsole and Security Management Server"

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Which of the following is the least profitable investment for a candy shop that earns $1 revenue per pound of candy? (5 points) Group of answer choices Worker at $10 per hour, producing eight pounds of candy per hour Worker at $12 per hour, producing 16 pounds of candy per hour Machine with $5 per hour operating cost, producing 10 pounds of candy per hour Machine with $8 per hour operating cost, producing 14 pounds of candy per hour

Answers

Answer:

d

Explanation:

it was on the test really simple

Answer:

Worker at 10 dollars per hour, producing 8 pounds of candy

Explanation:

Got it right on the test

Which firm is most likely to be a natural monopoly?

Answers

A pharmaceutical industry is most likely to be a natural monopoly

What are natural Monopoly?

A natural monopoly is a type of market that is established on a large scale basis.

It is mostly managed by an individual because of the running cost and the industry will supply goods related to them.

Therefore, A pharmaceutical industry is most likely to be a natural monopoly

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What is cyberbullying? Why does it happen so often?

Answers

Answer:

Cyberbullying happens for many of the same reasons as any other type of bullying, but it may be even more appealing because it can be done anonymously. two kinds of people who are likely to bully: those who are popular and those who are on the social fringes.

Popular kids or teens may bully because:

They see it as a way to stay popular.

Hurting others makes them feel powerful.

Kids or teens who are less socially successful may bully because:

It helps them cope with their own low self-esteem.

They think it will help them fit in with their peers.

They have trouble empathizing with those they hurt.

In the circular flow model, households provide
to firms. This is represented by the letter A.

Answers

Households would provide factors of production to firms.

The circular flow demonstrates the movement of money in the economy.The two-sector model of circular flow comprises households and firms.Money first flows from producers to households in return for production services in the form of wages.  Finally, return to producers back in the form of payment for the purchase or expenditure made by households.

What do you mean by circular flow of money?The circular flow model demonstrates how money moves through society. Money flows from producers to workers as wages and flows back to producers as payment for products. In short, an economy is an endless circular flow of money.

What are the two types of circular flow?

There are two types of circular flow:

Real flow: The term real flow means the flow of factor services from households to firms. Similarly, the flow of goods and services from firms to households. Money flow: The money flow refers to the flow of factor payments from firms to households for factor services.

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Your teacher gives extra homework on the weekends if the class average on the exam is under 75%. This is an example of:

Answers

The given scenario wherein the teacher is giving extra work on the weekends is a negative incentive. Therefore, Option D is the correct statement.

What do you mean by negative incentive?

Negative incentive or disincentives refers to the methods designed to discourage activities that are dangerous to biodiversity. Examples of disincentives are consumer costs or pollutants taxes.

For example, in this case, the teacher is trying to pressurize the students on the weekends to do extra labor, which can have a negative effect on the motivation of the students.

The missing information is as follows:

-a positive incentive

-neither a positive nor a negative incentive

-both a positive and a negative incentive

-a negative incentive

Therefore, The given scenario wherein the teacher is giving extra work on the weekends is a negative incentive. Option D is the correct statement.

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In a _________________________ economy, the individuals and the government share in the economic decision-making process. These groups work togther to ensure economic development.

Answers

Answer:

I believe it's Command Economy

Explanation:

The branch of economics that examines the economy as a whole is called.

Answers

The branch of economics that examines the economy as a whole is called Macroeconomics.

What is macroeconomics?

Macroeconomics studies the function of the entire economy of a nation, group of nations, or the world.

Microeconomics deals with individuals, households, organizations, and businesses as they interact within an economic system.

Thus, the branch of economics that examines the economy as a whole is called Macroeconomics.

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Most economists agree that the immediate determinant of the volume of output and employment is the

Answers

Majority of the economists agree that the immediate determinant of the volume of output and employment is the level of total spending.

What is the total spending?

This refers to the sum of the price that is paid for products or services multiplied by the amount of each item purchased.

Hence, the economists most especially agree that the immediate determinant of the volume of output and employment in an economy is the level of total spending.

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The Federal Reserve's Open Market Committee has decided that the federal funds rate should be 0.5 percent rather than the current rate of 1.25 percent. The appropriate open market action is to _____ Treasury bills to _____ money _____.

Answers

In this case, the proper open market action is to sell Treasury bills to decrease money supply.

What is an Open Market Action?

An open market action refers to the act of the Federal Reserve Bank to purchase or sell government securities with the aim of contracting or increasing the supply of money in the economy and alter the position of interest rates.

Open market operations are also known as monetary policy tools used to regulate the economy.

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