2011 UBS Adoboli loss of over £2 billion Background Adoboli joined UBS as a graduate trainee in 2003. He then worked for delta one trading desk in 2007 which mainly traded Exchange traded fund. Due to the dissatisfaction with his annual salary and bonus of £360‚000 and the desire to become a star trader with huge bonus‚ he started his illicit trading in late 2008 which imposed a huge financial loss on UBS in Sep 2011. In the following passages‚ We would like to discuss the details of his unauthorized
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: Answer Odds of Gain times Value of Gain (OD *VG) Decision bias times Event Occurance (DB * EO) Binary Value (BV) times Fuzzy Value (FV) Present Value (PV) divided by Expected Gain (PV/EG) 2 points Question 4 A confirmation error occurs when focusing only on information that is consistent with a decision already made. Answer True False 2 points Question 5 Which of the following is true about a corporation? Answer A. It combines the advantages
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BD Group: Introducing the Chicka Phone 1 Contents Introduction: 3 Part 1 - Influencing market acceptance in a consumer market 3 1.1 Knowledge phase 3 1.2 Persuasion phase 4 1.3 Decision phase 4 1.4 Implementation phase 4 1.5 Confirmation phase 4 Part 2 - Influencing market acceptance in a B2B market 4 2.1 Influencing individual members of the DMU 5 2.2 Influencing the customer firm 5 2.3 Influencing a whole market segment 5 2.4 Influencing several market segments 6
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for the job are now further cemented. Research shows that confirmation bias causes decision makers to “ignore or downplay the negative features” (McShane et al 2016) of their decision‚ in which Edward can be seen ignoring the signs of Tom’s immaturity and lack of stability- by him dropping out of his degree‚ working multiple short-term jobs and lack of financial planning leading to him running out of money. Decision makers under confirmation bias‚ do not realize their mistakes until they “receive very
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Q: 1. Insurance companies in the state of Florida earned record profits in 2006‚ suggesting that Nationwide’s decision to cancel policies in light of the calm hurricane seasons (in Florida) in 2005-07 may have cost the company potential revenue and customer goodwill. Do you think Rommel’s quote about making a ‘sound business decision’ reveals any perceptual or decision-making biases? Why or Why not? A: Jeff Rommel’s quote about making a ‘sound business decision’ reveals two main perceptual or
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http://www.asaresearch.com/articles/32bit.htm http://windows.microsoft.com/en-US/windows-vista/What-is-virtual-memory http://windows.microsoft.com/en-US/windows-vista/Change-the-size-of-virtual-memory Virtual memory‚ also known as a page file or swap file‚ is a file on your hard drive (C:\pagefile.sys by default) that Windows and applications use in addition to physical memory (RAM) as needed. The default and recommended size of this file is 1.5 times the amount of physical memory. Virtual
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Vehicle Showroom 1 Purpose Vehicle showroom management system describes the complete process of selling a vehicle to a customer from the dealer’s showroom. Before selling‚ the vehicle belongs to the fixed asset of the dealer’s showroom. So the main point of this scenario is posting the vehicle from a fixed asset to a current asset. While executing the process‚ the dealer can manually maintain the vehicle business transaction type‚ which means‚ the vehicle can be set as a new or used vehicle to sell
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CHAPTER I Introduction When starting new restaurant‚ owners need to build their business by having their establishment known to consumers. And as a potential customer‚ since there are hundreds of restaurants to choose from just miles from your doorstep‚ you must have the option to choose where to eat‚ reserve seats and customize orders at your convenience. More and more restaurants have turned to online reservation systems as a way of getting their name out into the market faster
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II.Results and Discussion A.Isolation of Agrobacterium tumefaciens: Six bacterial colonies were observed and screened on the selective medium. The bacterial colonies was able to characterized after 72 hours of incubation‚ bacterial colonies were visible with naked eyes on YEMA plates. The colonies appeared were medium sized bubble shaped‚ round‚ regular‚ sticky and white coloured colonies were observed. From these initial results‚ the isolated bacteria were tentatively identified as Agrobacterium
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A model of the communication process Meetings as Oral (verbal) communication need in A&E As a department we have monthly staff meetings. These are held the first Thursday of every month. They are an hour long running from 07:00hrs. They are usually chaired by the matron with support from senior nursing staff. In reference to the communication process the sender is the matron or any of the speakers present. The channel is the words or information said‚ this can be supported with handouts.
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