CONTINGENCY contingency plan is a plan devised for an outcome other than in the usual (expected) plan.[1] It is often used for risk management when an exceptional risk that‚ though unlikely‚ would have catastrophic consequences. Contingency plans are often devised by governments orbusinesses. For example‚ suppose many employees of a company are traveling together on an aircraft which crashes‚ killing all aboard. The company could be severely strained or even ruined by such a loss. Accordingly‚
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Comparing Biological and Psychological Approaches to Crime I was interested in assessing two different approaches to the important issue of crime in society. The articles I chose seek to find different causes to crime via psychological and biological approaches respectively. In this essay I will summarise and analyse both articles and explain how they can be useful in the prevention of crime. For my first journal article I looked at ‘A Psychological Approach to Deterrence: The Evaluation of Crime
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1 PROBABILISTIC APPROACHES: SCENARIO ANALYSIS‚ DECISION TREES AND SIMULATIONS In the last chapter‚ we examined ways in which we can adjust the value of a risky asset for its risk. Notwithstanding their popularity‚ all of the approaches share a common theme. The riskiness of an asset is encapsulated in one number – a higher discount rate‚ lower cash flows or a discount to the value – and the computation almost always requires us to make assumptions (often unrealistic) about the nature of risk
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Trait theory and personal construct theory have markedly different approaches to the understanding of individual differences. Outline these approaches and assess the strengths and weaknesses of each. What consequences does each approach have for understanding agency – structure dualism? This paper commences with a brief overview of two competing influential theories that attempt to account for individual differences within the area of personality and intelligence. These are namely;
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Discuss the approaches to offender profiling When solving a crime‚ police investigate a number of different factors and different types evidence which could have a possible lead to how and by who the crime was conducted. This could include DNA tests‚ finding finger prints and blood stains as well as fibres from clothes. These methods are seen as useful however it tends to become a problem when a lot of people are required to be tested in order to find a match. A new method is required where the
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Hollinsworth‚ D (1998) Racism: concepts‚ theories and approaches‚ Race and Racism in Australia‚ 2nd edition‚ Social Science Press‚ Katoomba‚ NSW. In this reading‚ Hollinsworth provides a very detailed analysis of the concept of racism. He explains how theorists have constructed different ideas about racism in relation to ethnicity‚ social history‚ class and gender. The theorists have made a very important point in that although social culture rejects the idea of racism‚ it does still exist‚ sometimes
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...........................................................................................02 Introduction .............................................................................................................................02 Why Transformational Leadership Is Important?....................................................................03 Individual Growth and Development...........................................................................03 Increases Performance......
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205KM Management and Organizational Behaviour Report 1 Title: Approaches to Management and Organizational Behaviour: Pizza Hut and McDonald’s (Fill in the Name of Company A) (Fill in the Name of Company B) Student Name: HSU Ka Syn Syrus Student ID: 51878875 Tutorial Group: 2 Table of Contents Page Num 1. Objectives | 9 | 2. Business Background | 9 | 3. Organization Structure and Design
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The Expansion of Jurisdiction by ICSID Tribunal: Approaches‚ Reasons and Damages CHEN Huiping( 1. Introduction In recent years‚ the investor-state dispute settlement mechanism (sometimes it is referred to as international investment arbitration) has received extensive critique from developing countries‚ scholars and civil society. Its legitimacy is challenged or questioned due to various reasons including the inconsistency of arbitral awards‚ lack of transparency‚ etc.[1] In my opinion
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Fiedler’s Contingency Theory Proposed by the Austrian psychologist Fred Edward Fiedler (1922- ). The contingency model emphasizes the importance of both the leader’s personality and the situation in which that leader operates. A leader is the individual who is given the task of directing and coordinating task-relevant activities‚ or the one who carries the responsibility for performing these functions when there is no appointed leader. Fiedler relates the effectiveness of the leader to aspects
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