Which of the following is a difference between risk management and scenario planning?
a. risk management plans for either high risk or low risk, whereas scenario planning prepares to minimize the impact of only high-risk events.
b. risk management is the identification and assessment of risks, whereas scenario planning is a technique to prepare and plan for multiple situations.
c. risk management is a new phenomenon beginning in the late 20th century, whereas scenario planning started 2,000 or 8,000 years ago.
d. risk management is driven by recent technological innovations, whereas scenario planning is driven by a western ideology.

Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a. in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b. if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.

Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance