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NEW QUESTION: 1
Over time competing products begin to look alike to consumers. Competition between products begins to fall while competition between competitors supply chains begins to rise. At this point typical cost removal targets include all of the following EXCEPT.
A. Cost savings
B. Collaborative cost takeout efforts
C. Process improvement
D. Logistical buying power
Answer: D
Explanation:
Over time competing products begin to look alike to consumers. Competition between products begins to fall while competition between competitors supply chains begins to rise. At this point typical cost removal targets include all of the following EXCEPT logistical buying power. Cost savings may be a one-time savings or continuing savings gained from paying less than was previously paid.
Process improvements increase the efficiency and effectiveness of your processes. And, collaborative cost takeout efforts result from mutually beneficial supplier relationships.
NEW QUESTION: 2
Which of the following would help management determine the resources needed to mitigate a risk to the organization?
A. Risk management balanced scorecard
B. Risk-based audit program
C. Business impact analysis (BIA)
D. Risk analysis process
Answer: C
Explanation:
Explanation
The business impact analysis (BIA) determines the possible outcome of a risk and is essential to determine the appropriate cost of control. The risk analysis process provides comprehensive data, but does not determine definite resources to mitigate the risk as does the BIA. The risk management balanced scorecard is a measuring tool for goal attainment. A risk-based audit program is used to focus the audit process on the areas of greatest importance to the organization.
NEW QUESTION: 3
Place in order, from BEST (1) to WORST (4), the following methods to reduce the risk of data remanence on magnetic mediA.
Answer:
Explanation:
Explanation