PZI plc is exploring for oil in an area previously believed to have substantial, but difficult to extract reserves. Recent advances in hydraulic fracturing technologies ('fracking') mean that, as long as oil prices remain above certain levels, it may now be economical to move towards extraction.Initial financial analysis indicates that PZI's investment in the technologies is likely to produce a negative NPV, unless shale gas is also discovered and can be extracted.Which of the following techniques will allow PZI plc to factor in the financial impact of any potential shale gas reserves?
Company C operates a fleet of plant and machinery that is leased to contractors working in the construction industry. The company keeps a risk register which contains the following information:Risks by vehicle categoryAn indication of the likelihood and impact of each riskStaff responsible for managing specific risksQuantifications of the costs associated with each riskWhich ONE of the following items would you be most likely to see alongside this information in Company C's risk register?
A firm wishing to sell its well-known brand of men's clothing in a certain foreign country redesigned the products because of the greater average size of consumers in that country. However, the firm retained the same basic advertising campaign. This firm has adopted which adaptation strategy?