Aces & Queens, a talent and model agency that has experienced steady growth for a decade, gathers its staff together for a control risk self-assessment (CRSA) and identifies top concerns. Which of the risks represents a potential single point of failure? a. Effects of the economy on each business sector they serve b. High staff turnover. Only the CEO and the award-winning creative director have been with the firm since inception c. Heavy reliance "legacy" on former clients rather than cultivating new clients d. The firm's new focus on a global, rather than a regional, market
Aces & Queens, a talent and model agency that has experienced steady growth for a decade, gathers its staff together for a control risk self-assessment (CRSA) and identifies top concerns. Which of the risks represents a potential single point of failure? a. Effects of the economy on each business sector they serve b. High staff turnover. Only the CEO and the award-winning creative director have been with the firm since inception c. Heavy reliance "legacy" on former clients rather than cultivating new clients d. The firm's new focus on a global, rather than a regional, market
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section: Chapter Questions
Problem 5PA
Related questions
Question
11. Aces & Queens, a talent and model agency that has experienced steady growth for a decade, gathers its staff together for a control risk self-assessment (CRSA) and identifies top concerns. Which of the risks represents a potential single point of failure?
a. Effects of the economy on each business sector they serve
b. High staff turnover. Only the CEO and the award-winning creative director have been with the firm since inception
c. Heavy reliance "legacy" on former clients rather than cultivating new clients
d. The firm's new focus on a global, rather than a regional, market
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning