1. Define Risk Risk is the potential of losing something of value. Values (such as physical health‚ social status‚ emotional well being or financial wealth) can be gained or lost when taking risk resulting from a given action‚ activity and/or inaction‚ foreseen or unforeseen. Risk can also be defined as the intentional interaction with uncertainty. Risk perception is the subjective judgment people make about the severity and/or probability of a risk‚ and may vary person to person. Any human endeavor
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c. ratio scale d. interval scale 2. Data obtained from a nominal scale a. must be alphabetic b. can be either numeric or nonnumeric c. must be numeric d. must rank order the data 3. In a post office‚ the mailboxes are numbered from 1 to 4‚500. These numbers represent a. qualitative data b. quantitative data c. either qualitative or quantitative data d. since the numbers are sequential‚ the data is quantitative 4. A tabular summary of a set of data showing the fraction of the total number
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Data Representation Data and instructions that are presented in a written or typed format can only be understood by the user. If the data is not in the user’s language‚ s/he will not be able to understand it. It is the same way with the computer; the computer’s language is binary 0s and 1s. The computer cannot understand typed or written instructions or data. Whenever data or instructions or input to the computer it is first converted to 0s and 1s‚ these are called binary digits (bits). There
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Initially‚ the VaR has been anticipating to quantify the available risks in derivatives markets‚ but it has grown widely and it has now been applied in measuring all kinds of risks‚ primarily credit and market risks. It also developed from a tool that quantifies risk to a tool that is applied in active risk management. Today VaR has shifted beyond application in financial institutions. In the beginning‚ companies with largely exposed to financial markets used other kinds of activities before spreading
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Data Projectors Amy Shipman $50- $66‚525 What is a data projector? It is “a device that projects computer output onto a white or silver fabric screen that is wall‚ ceiling or tripod mounted." The three most common types of data projectors are the LCD‚ DLP‚ and the LCoS. Each type of projector will project your audio and video‚ they just have different ways to process the output of your audio and video. DLP stands for Digital Light Processing. This type of data projector has a light that
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Subnetting __________. b. is also called subnet addressing 2. A virtual LAN (VLAN) allows devices to be grouped __________. a. logically 3. Convergence combines voice‚ data‚ and video traffic __________. a. over a single IP network 4. Each of the following is a convergence security vulnerability except __________. a. convergence resource attacks (CRA) 5. Which of the following is not true regarding a demilitarized zone (DMZ)? a. It contains servers that are only used by
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some risks during the first month of the Recreation and Wellness Intranet Project. However‚ all they did was document them in a list. They never ranked them or developed any response strategies. Since‚ several problems have been occurring on the project such as key members leaving the company‚ users being uncooperative‚ and team members not providing good status information. Tony has decided to be more proactive in managing risk. He also wants to address positive as well as negative risks 1. Create
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Reward means giving or receiving something for a desirable effort or behavior. In this essay‚ impacts of external rewards will be discussed‚ such as privileges‚ money and other incentive. Using reward policy could be beneficial to organizations as well as employees. As a matter of fact there are a lot of evidence that have been provided by researchers‚ which show the direct relation between reward‚ performance and job satisfaction. In contrast‚ punishment is found necessary to apply in order to balance
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are risk mitigation and risk avoidance. Risk mitigation is when the use of various controls may reduce identified risks. The other is risk avoidance. This is making the choice not to take a risk from the beginning. Like‚ a company deciding to not do business depending on the organization. Compare and contrast qualitative risk analysis and quantitative risk analysis‚ and provide examples identifying a situation when each would be useful. Qualitative risk analysis is when the type of risk is predicted
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Data Tech‚ Inc. 2 Determine whether Jeff should give greater priority to a smaller facility with possibility of expansion or more into a larger facility immediately. According to Sliwinski and Gabryelczyk‚ facility management is a customer-oriented complete service‚ covering the comprehensive decision-making principles for optimum planning‚ usage and adaption of buildings
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