Risk is part of life : I face countless danger everyday driving to work. sure I can try minimize many of them through my own driving behavior . but I can’t prevent motorist behind me who is talking on his mobile from rear-ending me while I’m waiting at a stoplight. As much as we would have it otherwise‚ risk is part of life. Some risks can be averted by steering clear of them. Many are‚ however‚ unavoidable. False sense of security Sometimes you can insure yourself against the consequences of risks
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Diabetes and the risk that comes with it Carl L. Tabb SCI/163 August 2‚ 2011 Diabetes and the risk that comes with it 23.6 million Americans have diabetes in all ages ranges says The National Diabetes Information Clearinghouse. Diabetes occurs when your body’s sugar levels are abnormally high or the body is not responding to insulin. . Insulin is produced by our body’s to regulate our blood sugar levels. In Greece the word diabetes means “to flow through” and in the Latin culture is means
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case in Arthur Miller’s play‚ Death of a Salesman‚ when Willy Loman’s son Biff reaches a "point of no return" after discovering that Willy is having an affair with a woman in Boston. The shock and disillusionment from this revelaation made Biff see his father in a new light ande he would never be able to return to a life in which he trusted or respected his father. The quote "often in literature‚ situations reach a "point of no return‚" a point after which after which the life of a character
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------------------------------------------------- 01 DEMONSTRATE THE APPLICATION OF PROFESSIONAL ETHICS‚VALUES AN JUDGEMENT Question 1-Describe an occasion on which you had to demonstrate ethical behaviour When I was an attaché ‚I was given the tasks of handling a tender for heavy vehicle tyres. One of the prospective suppliers offered to take me out for dinner to discuss the tender. At first ‚ I thought it was a genuine call but after careful consideration‚ I realised that this was going
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barriers to entry into an industry. Explain how each barrier can foster either monopoly or oligopoly. Which barriers‚ if any‚ do you feel give rise to monopoly that is socially justifiable? LO1 The major barriers to entry in an industry are economies of scale‚ legal barriers such as patents & licenses and other strategic or pricing barriers. Economies of scale occur only in large firms who are able to reach a minimum efficiency scale point and operate at that point for a long period. This high TC
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Solution to Case 02 Risk and Return Flirting With Risk Questions: 1. Imagine you are Bill. How would you explain to Mary the relationship between risk and return of individual stocks? I would explain to Mary that risk and return are positively related‚ i.e. if one expects to earn higher returns‚ then one has to be willing to invest in stocks whose price can vary significantly from year to year or in different economic conditions. For example‚ in the table
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The law of diminishing returns only applies in the Short Run‚ when only one factor of production is variable and can be increased. The other factors of production are fixed. Thus as the variable factor of production is increased the marginal product of that factor will rise at first‚ but will at some point begin to fall. Returns to scale can only occur when no factors of production are fixed. If the quantities of all of the factors of production are increased‚ then output will also increase. However
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The element of misconception and difficulty in love can be apprehending in the novel when Lysander says‚ “The course of true love never did run smooth..." (I.I. 136). This quotes analyses that love is never smooth and there are bump and rift throughout. This aspect can be represented when Puck uses the love potion on Lysander by accident and it results to a rift and misconception in love. This can be examined when Lysander says “What‚ should I hurt her‚ strike her‚ kill her dead? “/”Although I hate
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7.1 explain the risk and possible consequences for children and young people of being online and using a mobile phone. There are many different types of ricks and possible consequences when children are using the internet‚ such as cyber bullying‚ it can make children feel vulnerable‚ isolated and depressed. Another risk is going on chat rooms‚ this is a big risk as they get speaking to people that children do not no‚ they could be lying about their age‚ or sex‚ so if a child started speaking to
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3. Describe a time when you took a great risk. What was the outcome? The heat baffled me when I left the plane in Jeddah airport after a 10 hours’ travel. I met the company driver to embark in drive in a desert area‚ punctuated by a few police check points along the trip. We reached our destination after an hour and a half‚ and once passing the armed guards looking for potential bombs under the car‚ we finally reached the base camp where I was going to spend the next months. Completely out of my
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