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NEW QUESTION: 1
It is virtually impossible to be the best in every dimension of competition. Firms should in general:
A. Strive to provide at least minimum level of acceptance for each of the order qualifiers
B. Should keep in mind the pace of change
C. A & B
D. Should try to be the best in the market for the order winners.
Answer: C
NEW QUESTION: 2
Given the following scenario:
The SAS libraries LIBRARY and MYLIB are successfully defined in your current SAS session.
There is a SAS Data Set named WORK.GENDERS with a column called MF containing single character values.
The SAS program on the left is submitted and the desired output is shown in the right.
Which statement is true?
A. No OPTIONS FMSEARCH ( ) statement is needed to attain resulting output
B. The statement OPTIONS FMSEARCH = (Mylib); is required before the print procedure to attain the resulting output
C. The statement OPTIONS FMSEARCH = (Library Mylib); is required before the PRINT procedure to attain the resulting
output
D. The statement OPTIONS FMTSEARCH = (Mylib Library); is required before the PRINT procedure to attain the
resulting output
Answer: B
NEW QUESTION: 3
Which of the following is true for risk evaluation?
A. Risk evaluation is done annually or when there is significant change.
B. Risk evaluation is done only when there is significant change.
C. Risk evaluation is done every four to six months for critical business processes.
D. Risk evaluation is done once a year for every business processes.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Due to the reason that risk is constantly changing, it is being evaluated annually or when there is significant change. This gives best alternative as it takes into consideration a reasonable time frame of one year, and meanwhile it also addresses significant changes (if any).
Incorrect Answers:
A: Evaluating risk only when there are significant changes do not take into consideration the effect of time.
As the risk is changing constantly, small changes do occur with time that would affect the overall risk.
Hence risk evaluation should be done annually too.
B: Evaluating risk once a year is not sufficient in the case when some significant change takes place. This significant change should be taken into account as it affects the overall risk.
D: Risk evaluation need not to be done every four to six months for critical processes, as it does not address important changes in timely manner.