According to the Expected Effects Matrix,devastating Events Having a Low

question 33

Multiple Choice

According to the expected effects matrix,devastating events having a low likelihood of occurrence:

• A)must be dealt with immediately.
• B)are "alert" variables that must be watched closely.
• C)can be safely ignored.
• D)are "control" variables that require contingency planning and tracking,if possible.

---

Definitions:

Labor Intensive

Describes production processes or industries that require a large amount of labor relative to capital to produce goods or services.

Fixed Asset Investments

Long-term investments in tangible assets such as property, plant, and equipment, intended for use in operations.

Trade-In Allowance

The value subtracted from the price of a new item when an old item is given as part of the deal.

Book Value

The net value of an asset or company calculated by total assets minus intangible assets (patents, goodwill) and liabilities.