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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Moral Hazard? Moral Hazard occurs ｫwhen a party insulated from risk behaves differently than it would behave if it were fully exposed to the riskｻ. In that definition of moral hazard the idea of risk is very present‚ so we can easily see how this concept is related to the financial system and the banks. Indeed Moral hazard is the idea that banks could take unnecessary risks because they believe they池e too big to fail and would be bailed out in future crises. So moral hazard shows
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HAZARD amphetamines Many women are vying to be skinny to look attractive so that they select a shortcut‚ using slimming products. Though slimming products are not necessarily safe. Some slimming products found to contain a compound called amphetamines. Amphetamine is a compound that is quite commonly found in products slimming (weight loss)‚ which claims the product is free from hazardous substances. At first‚ circa the 1960s‚ amphetamines may be freely used for weight loss. Amphetamines suppress
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Joey Purdee Environmental Hazards Instructor – Kellie Archie July 2‚ 2013 Abstract This week we will be discussing dumps and landfills. We will first describe what is meant by open dumping and also what a landfill is. We will be discussing early to modern landfills and the differences between then and now. We will discuss what some of the problems were with early landfills and also what improvements have been made with newer landfills. Finally‚ we are to choose one the listed landfills and
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The Four Hazards The Four Hazards Samantha De Zee Environmental Science Natural Hazards: Cultural‚ Biological‚ Physical and Chemical An altogether diverse viewpoint is carried into center as we think as of a portion of the natural perils that go hand in hand with streamlined development and concentrated farming. A portion of the most hazardous dangers in this planet are the conclusion of perfectly voluntary conduct---specifically‚ smoking tobacco and taking part in unsafe sexual movement
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Hazard identification Malathion is an insecticide that is used primarily on crops to control insects. Malathion brakes down quickly when exposed to the elements like soil‚ water‚ and sunlight. Normally people are not exposed to this insecticide unless they are in the vicinity of the area that is being sprayed. Then the risk will be the spray that is in the air‚ or on surfaces that have been touched. (http://www.atsdr.cdc.gov) Malathion affects how the brain and the nervous system
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To what extent can preparedness and planning mitigate the effects of volcanic hazards? (40 marks) A volcanic hazard is a situation that poses a threat to life‚ the environment‚ and infrastructure after a volcanic eruption. Volcanoes are formed at various plate boundaries‚ such as at mid oceanic ridges where plates are moving apart‚ for example at the Mid Atlantic ridge. They also occur on or near subduction zones. The ‘ring of fire’ tends to be where the most violent volcanic activity occurs.
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Understand health and safety in social care settings Performance Criteria 1. Understand the different responsibilities relating to health and safety in social care settings 1.1. Identify legistation relating to health and safety in social care setting Current legislation and subsequent amendments may include: · Health & Safety at Work Act The Health and Safety at Work Act 1974 is the primary piece of legislation covering occupational health and safety. Under this Act
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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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