SUMMARY Moral Hazard in Equity Contracts: The Principal-Agent Problem The separation of ownership and control involves moral hazard‚ in that the managers (the agents) may act in their own interest rather than in the interest of the stockholder-owners (the principals) because the managers have less incentive to maximize profits than the stockholder-owners do. Tools to Help Solve the Principal-Agent Problem Production of Information: Monitoring Stockholders engage in a particular type of information
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BIOLOGICAL HAZARDS Biological hazard are acquired from disease causing microorganism and the poisonous toxins they may produce. Biological hazard are far the most dangerous foodborne hazard in the food service and food retail businesses. These includes harmful microorganism seen only in the microscope 1. BACTERIA 2.VIRUSES 3. PARASITES 4. MOLDS 5. YEAST Other living organism are: • Insects: RODENTS FARM ANIMAL DOMESTIC PETS BIRDS FISH PLANTS TRANSMIT DISEASE TO HUMAN BEING
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Web Hazard Internet access can be neglectful to people and to their loved ones. Internet addictions may cause the person to be more obsessed with the computer‚ to avoid family time‚ and to be stuck in a fantasy world. Many people to spend more and more time at the computer‚ which can be addictive. According to Payne’s article‚ “On such boards [Internet Addicts Anonymous‚ Gaming Addiction and Internet Addicts Recovery Club]‚ posters admit that they feel as though they can’t step away from the computers
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management convey the link between GIS expertise and emergency management. The cyclical presence of GIS in the emergency response cycle for example displays how the discipline can be involved in the process of preparedness due to its role in the process of rescue. The presence of GIS expertise in emergency management can be in part explained by the want and desire on the part GIS professionals to retain the consistency and integrity of data pertaining to any given hazard or disaster. This endeavour
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Urbanization refers to general increase in population and the amount of industrialization of a settlement. It includes increase in the number and extent of cities. It symbolizes the movement of people from rural to urban areas. Urbanization happens because of the increase in the extent and density of urban areas. The density of population in urban areas increases because of the migration of people from less industrialized regions to more industrialized areas. The concept “Urban Sprawl” means increase
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manage them‚ we must understand the concepts of hazard‚ risk and vulnerability. Risk in regard to disaster is the likelihood or probability of harmful consequences happening; awareness of risk gives us the ability to define what could happen in the future‚ based on a range of possible outcomes. The ability to understand and assess risk depends on many factors including the amount and reliability of available information‚ and the perceived perception of risk (UN/ISDR 2004:36‚ Alexander 2000:10). Perception
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The Hazards of Moviegoing By John Langan From College Writing Skills with Readings [pic] |Introductory |I am a movie fanatic. When friends want to know what picture won the Oscar in 1980 or who played the | |paragraph |police chief in Jaws‚ they ask me. My friends‚ though‚ have stopped asking me if I want to go out to the| |(Thesis) |movies. The problems in getting to the theater‚ the theater itself‚ and the behavior of some patrons are| | |all
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Five Paragraph Essay Sample--The Hazards of Moviegoing By John Langan Introductory paragraph(Thesis) I am a movie fanatic. When friends want to know what picture won the Oscar in 1980 or who played the police chief in Jaws‚ they ask me. My friends‚ though‚ have stopped asking me if I want to go out to the movies. The problems in getting to the theater‚ the theater itself‚ and the behavior of some patrons are all reasons why I often wait for a movie to show up on TV. First supporting
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Dear Deb and colleagues‚ The difference between a manager and a leader is that the former ensures control and rationality‚ her/his focus is on day to day problem solving‚ best means in achieving results for staff to continue to contribute to the organisation (Zaleznik‚1992) . While a leader uses power to influence actions and people‚ focusing more on outcomes and impact‚ where this action has inherited risks such as the risk of losing self- control in the need for power (Zaleznik‚1992). While leaders
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regularly. 3. Radon Gas. Radon is a radioactive gas generated in rock soil that causes lung cancer—and sometimes collects in homes. The EPA says that radon is often found in water (people using wells rather than municipal water systems are at a higher risk)‚ and is released when the water is agitated‚ as when washing dishes. The New York Times also recently investigated radon emission from granite countertops and cited studies that found some levels to be unsafe. The gas is not detectable by sight‚ smell
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