higher return and lower risk with a greater probability of smaller return. This trade off which an investor faces between risk and return while considering investment decisions is called the risk return trade off. | Conflicts of interest and moral hazard issues that arise when a principal hires an agent to perform specific duties that are in the best interest of the principal but may be costly, or not in the best interests of the agent. The principal-agent problem develops when a principal creates
Words: 269 - Pages: 2
Using examples explain how different strategies can be used to reduce the impact of one type of extreme weather event. (10) Drought is an extreme weather event that is caused due to long periods of lack of rainfall. This extreme weather event has become more common due to a number of factors including climate change and the growing population. However there are several strategies that can be used to reduce the impact that is extreme weather event has on people, which includes modifying the event
Words: 470 - Pages: 2
OSHA is an acronym for a government run organization called, Occupational Safety and Health Administration. OSHA does its best to ensure a safe working environment for the workers of all hospitals by providing training, education, and assistance to any who needs help. Its only purpose to assist the workers in that environment so they don't get injured. It also isn't only for jobs in the medical field, it even has regulations even for construction. OSHA is part of United States Department of Labor
Words: 429 - Pages: 2
Throughout history many fires that have accord have had an impact of building codes as well as an impact on the fire department. Since the events that occurred on September 11, 2001, the collapse of the World Trade Center has become one of the most discussed building collapses in history. Those events not only impacted the building codes of New York, but impacted the codes all over the United States. The attacks also affected the Fire Department of New York as well as fire departments around the world
Words: 531 - Pages: 3
Fire Safety and Dorm Fires According the the CPSC (U.S. Consumer Product Safety Commission) residence or dormitory fires in college campuses are becoming a bigger issue than in recent years. The U.S. Consumer Product Safety Commission and The National Fire Protection Agency also state that “Cooking equipment causes 72% of dorm fires”, and “Electrical products, portable heaters, and lighting such as halogen lamps are the source of many dorm fires.” These facts raise awareness to students that living
Words: 681 - Pages: 3
When we all started our carrers as firefighters wheatear we knew it or not we were all at the mercey of those more experienced at the station. While this typically what you would expect to see at the fire station it can definatily be a double edged sord. While rookie firefighters get the opputunity to be guided in the right the direction by the more seasoned firefighters the opposite is also true, and can lead the rookie down the wrong path. This can be attributed to a lot of reasons including: the
Words: 482 - Pages: 2
(Difficulty: E = Easy, M = Medium, and T = Tough) True-False Easy: (1.2) Goal of firm Answer: b Diff: E [i]. The proper goal of the financial manager should be to maximize the firm's expected profit, since this will add the most wealth to each of the individual shareholders (owners) of the firm. a. True b. False (1.2) Goal of firm Answer: b Diff: E [ii]. If a firm has a single owner, we may say that the proper goal of a financial manager would be to maximize the firm's
Words: 3059 - Pages: 13
they have coverage with a reliable insurance so they can be protected against all kinds of risks. However, these companies cannot be protected against all risks. Companies obtain insurance to protect them from flooding, accidents on the premises, fires, and from any
Words: 714 - Pages: 3
To: Jason Walter, IFA CEO From: John Doe Issues: • Potential damage to IFA’s reputation and legal consequences if customers and/or regulatory bodies determine IFA is applying profiling practices • ShopSense’s customers may stop using their loyalty cards or even stop shopping at ShopSense entirely • IFA’s customer analytics process could result in the discovery of correlations they did not want to know Problem/Decision: You must determine if purchasing ShopSense’s customer data and using
Words: 489 - Pages: 2
Chapter 1- About 2.5 billion people live on less than two dollars a day. Two dollars a day does not mean literally mean “two dollars a day.” It is an average over time. Those who live on so little seek to manage their money. They save as much as they can and borrow when they need to. “Money management, for the poor [is] a fundamental and well-understood part of everyday life” (3). -The authors conducted studies that they called financial diaries to discover how the poor managed their money
Words: 695 - Pages: 3
