Bottom of Form ASSESSMENT BSBRSK501B MANAGE RISK Assessment tool 1 Assessment activity 1: Review organisational processes‚ procedures and requirements for undertaking risk management 1. Create your own definitions for the following terms: a) Risk: A probability or threat of damage‚ injury‚ liability‚ loss‚ or any other negative occurrence that is caused by external or internal vulnerabilities‚ and that may be avoided through preemptive action. b) Risk management: The identification‚ analysis‚
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An interesting place you enjoyed visiting. There is a very lovely place that I enjoy visiting. I am never tired of visiting it. My place of interest is full of greenery‚ serenity and is a huge‚ beautiful garden of various flowers. It has flowers‚ trees and shrubs of various kinds. This place is the Singapore Botanical Gardens. It is located on the outskirts of the city. The Botanical Garden is a lovely place to take strolls. In the morning‚ people frequent the place to jog‚ walk or do other
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ANALYSIS OF CHINA’S NATIONAL INTERESTS BY DR. YAN XUE-TONG 1 Acknowledgment The English version of Analysis of China’s National Interests is a result of many people’s contribution. Professor Monte Bullard deserves profound thanks. He initiated the translation project when I presented him this book at the Monterey Institute of International Studies in 1998 when he served as the Director of the East Asia Nonproliferation Project there. He raised funds for the translation and did the English
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The free entreprise system helped Steve Jobs‚ a famous entrepreneur to start his own technology company‚ Apple Inc. and to make it become an influencial‚ popular company that still prospers these days. B. A free enterprise system provides individuals the opportunity to make their own economic decisions without restriction from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. Free enterprise gives the opportunity to anyone
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Initial Investment The desired item is jewelry The cost in 12 years will be about $6000. The average interest rate is 5%. The Present value formula is P =A (1+r)-n where P is the present value that will amount to A dollars in n years at interest rate r compounded annually. Note that the quantity raised to a power has the negative exponent on –n. According to the rules of exponents‚ this means that once the negative is put into effect‚ the base quantity will change position by dropping down
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My Career Interests and Competencies Phoenix Career Services offers tools such as Career Interests Profiler and Competencies‚ to help students establish careers with their education. I learned careers that matched my personality and how my behaviors‚ abilities and skills effect work performance. Based on the Career Interests Profiler the types of careers my personality matched were conventional‚ social‚ and enterprising occupations. Conventional occupations involve working with data and detail
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Heart Rate Research Question: Do different exercises have different effect on heart rate? Method: 1. Find test subject 2. Prepare for activity (stretching) 3. Take heart rate of subject before exercise 4. Record heart rate 5. Do sit ups for 2 mins 6. Time using stop watch 7. Record heart rate 8. Allow subject to rest (lower heart rate) 9. Begin next exercise 10. Jumping jacks for 2 mins 11. Time using stopwatch 12. Record heart rate 13. Allow subject to rest (lower heart rate) 14. Squats for
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RISK MANAGEMENT INTRODUCTION 1. Risk is all around us‚ over the last few years we have become more sensituationive and perhaps a little more accustomed to the types of risk we face. For example the recent economic recession highlighted the risk of interdependence of economies of the world; the 26/11 terrorist attacks in Mumbai reinforced the risk associated with the open waterways into the financial capital of our country. 2. There is a growing recognition that the risk is more complex and
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1 Risk Chapter and Its Management Multiple Choice 1. The major types of business risk include all of the following except: A price risk B diversification risk C pure risk D credit risk Answer: b Type: K 2. Credit risk is a. : the risk that a firms borrowers will not make promised payments. b. the risk that a firm will not be able to get credit from lenders c. the risk that a firm will not have sufficient funds to make payments to their creditors d. the risk due to changes in
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Chapter 5: Flow Rate and Capacity Analysis 5.1 Objective Chapter 3 introduced the three basic building blocks of process flow namely the (average) flow time‚ (average) flow rate and (average) inventory. It is followed by a sequence of three chapters‚ 4‚ 5 and 6‚ which examine each one of these measures individually. Chapter 5 is concerned with flow rate analysis and issues of capacity. The major managerial concept discussed in the in the chapter is that of the bottleneck. We use the notion
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