Will all organizations within the same industry have the same set of baselines controls to mitigate...
Will all organizations within the same industry have the same set of baselines controls to mitigate risk? Why or why not? Please explain in details
Homework Answers
Answer)
All the organizations within the same industry may not have the same set of baselines controls to mitigate risk. This all depends on the business functions, features, the goal and overview of the company and its users or customer base. The risks in a company or organization should be relevant to the features or products or services which are given or served by the company to its users and performs it day to day business functions. Thus, depending on these business functions, industry, goals of the company, it depends whether the baselines controls to mitigate risk vary from one company to another.
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Will all organizations within the same industry have the same
set of baselines controls to mitigate...
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7. Consider a monopolistically competitive industry where demands and costs are all mc function is the same for all firms and the demand symmetric across firms (the parameters are the same for all firms).The demand for an individual firm is 1 1 P S = 0 500 4-a 5-5- where S is the size of the industry, n is the number of firms, P is the firm's own price, and P is the average price of the competitors. The size...
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