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RAM Stands for

question 10

Multiple Choice

RAM stands for

Differentiate between various types of crises and their triggers.
Recognize the importance of emotional intelligence and strategic planning in crisis communications.
Understand the significance of issues management in preventing and mitigating crises.
Analyze the digital factors that influence the dynamics of a crisis, such as volume, velocity, and variety.

Definitions:

Variable Cost

Costs that change in proportion to the level of production or business activity, such as materials and labor.

Variable Cost

Costs that vary in direct proportion to changes in levels of production or business activity, such as materials and labor.

Fixed Cost

A cost that does not change with the volume of sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

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