How many 'Whys'?
'Five-Why Analysis' or 'Why-Why Analysis' is an approach to trying to determine the cause of an event. It can be used to link to / in conjunction with an Ishikawa diagram. The principle is that one repeatedly (as often as necessary, not necessarily limited to five) asks 'why?', and eventually an un-derlying reason will emerge, which if addressed effectively, will successfully resolve the problem. This is something which can often be observed naturally in small children. 'Why, Daddy?'. 'But why, Daddy?. Etc. (Or Mummy)
The UN Guiding Principles on Business and Human Rights (UNGP) - which recognise that business enterprises must respect human rights -- were adopted in which year?
2011 is the correct answer.
You may wish to search for the Guiding Principles to familiarise yourself a little.
Which one of the following is from the STEEPLE framework?
Socio-cultural. The only 'S' in the framework.
What do we call the point when the supply firm makes neither a profit nor a loss ie where all costs are covered yet no profit is made?
Breakeven point. The firm breaks even: covers all of its fixed costs. At this point the firm has made neither a profit nor a loss, and hopefully is about to enter profitability.
When both buyer and seller share cost information with each other (in both directions), in order to collaborate in cost reduction activities.
Cost transparency - this requires a high trust level, as both parties open up and share information on the costs of their operations.
Open book costing is a one-way share - the seller allows the buyer to look at their actual costs.
