Please answer question a & b in detail

Short Answer/Problems Make sure to support quantitative answers by showing all relevant calculations. Problem I is worth 30 points, problem 2 is worth 5 points, problem 3 is worth 15 points, and problem 4 is worth 20 points Answer each of the questions in a complete, yet concise manner Bill just graduated from IUP with a finance degree. His friend John graduated with a degree in psychology, and Mary graduated with a degree in computer technology. The three friends decide to begin an online business called CyberChildcare Services. The service matches parents with childcare workers who watch their children anywhere from a few hours on date night all the way to live-in, 24-hour, nanny service. Bill manages to I. obtain a S300000 equity investment (25% ownership inthecompany) from a local investor to fund the start up costs. Mary creates a website and selects a service provider CyberChildeare purchases the computer equipment it needs and rents a small office to use for administrative purposes. Bill prepares a marketing plan that includes mass emails to members of the IUP community and Mary is able to increase the circulation by ncluding a hidden subroutine in the email that automatically sends the email on to all the members of a recipient's address book, and to their Twitter and Facebook accounts. The email advertisement states that CyberChildcare can find a qualified, well-trained childcare worker for any situation. It boasts that all workers not only have experience, but hold current law enforcement clearances to work with minors, and have certifications to perform basic first aid and CPR on children. While other services also check for clearances and certifications, CyberChildcare is unique in providing psychological screening of its workers by a licensed psychologist. After getting the business up and running, $75,000 is left over from the initial $300,000 investment, so Bill opens up an online brokerage account for the company. an information sheet containing personal contact information, to complete several Each childcare worker who wants to be placed by CyberChildeare is required to fill out psychological questionnaires to be reviewed by John, and to upload copies of clearances and certifications, along with a current work history. They must state what types of jobs they are seeking, short-term, long-term, temporary, permanent, visiting, live-in, and what geographical area they can cover. John reviews the information provided and eliminates applicants he believes are psychologically unfit. Once approved, each worker is provided space on the server to put personal information, including pictures, video, and audio, for prospective parents to view as they try to select the best worker for their situation. The workers can change or add to their information from anywhere in the world that web access is available. Parents and workers may also visit each other in chat rooms provided and microphones, they can videoconference as well utilizing CyberChildeare's specifications and are a true virtual reality experience. CyberChildcare believes this by CyberChildcare to conduct private interviews. If workers and parents have cameras equipment. The chat rooms and videoconferences can be customized to the customers technology gives them an advantage over other childcare matching services Because of their technological advantages, CyberChildcare is able to charge workers S250 per month, payable in advance, to advertise on their website. Payment may be by credit card, money order, or personal check. Bill is amazed when, during the first t weeks, 500 potential workers sign up for the service. John is swamped with so many app lications he cannot possibly evaluate all of them. Mary is working 15 hours per day maintaining the equipment and she is worried CyberChildcare may experience shutdowns if more people join unless the company acquires more capacity. Parents visiting the 5 6 8 website must enter personal information and credit card information so that CyberChildcare can match them with appropriate workers, and to prove they have the ability to pay. In the first two weeks, 1,000 parents entered the a fee equal to 20% of the total paid for required information. CyberChi childeare services. 100 childcare jobs have been scheduled thus far, and the number of connections is increasing rapidly Bill is having fun managing the funds that have been collected. He hopes to make big investment returns for the company by finding undervalued stocks. As he follows the stock market most of the day, he does not have time to check the status of clearances and certifications uploaded by potential childcare workers. Despite short mectings Mary focus almost exclusively on their own tasks Identify five possible exposures to loss and list them in order of importance. specific as possible. Explain why the top three risks are considered the most important. Be as (a) (b) For the three most critical exposures, give an example of a risk control technique that would be appropriate. Make sure to explain how the risk control technique will be beneficial and whether or not it will reduce either frequency or severity of losses