Concept‚ Sources and Type of Risk Toga B. Simatupang SE‚ MM‚ CPLHI‚ CICA‚ RFP PPAK Univ. Trisakti – Risk Management Origin of Risk • Arabic word : Risq “anything that has given to you (by GOD) and from which you draw profit” • Latin word : Riscum “unfavourable event” • French word: Risque “nothing venture nothing gained” • English word : Risk chance of negative outcome unexpected outcome chance of bad consequences hazard‚ loss‚ etc Definition of Risk “the
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(1984) metapardigm concepts of nursing that she identifies as being concepts central to nursing and explore how this is expressed in Judith Christensen ’s (1990) Nursing Partnership Model. The following discussion seeks to analyse the metaparadigm concept of ’person ’ according to Christensen (1990). To facilitate this‚ it is important to discover what is meant by metaparadigm and to further explore what a conceptual model is. This will lead to a better understanding of what Fawcett means by the
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The historical cost concept means expenses and assets must be recorded with their original cost according to its representation cost of things from the past. CITATION Wil09 \l 17417 (Wild‚ Shaw‚ & Barbara‚ 2009) For example‚ APPLE Company bought equipment at the price of RM 10‚000 and after few months‚ the equipment is then estimated to drop in value. The cost of the purchase RM 10 000 would be recorded in the financial report because there is official receipt and documents supporting the value
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Chapter 1 Preliminary concepts Concepts Overview The important concepts discussed in Chapter 1 were: 1.1 The main objective underlying corporate financial decisions is to maximise the value of the company‚ which in turn maximises shareholder wealth. This involves the optimal use of scarce resources. Fisher’s Separation theorem formally links the concepts covered in the chapter to provide a single decision rule for a firm’s investment decisions. This decision rule is that management’s role
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The Concept Of Family; Purposes‚ Definitions‚ and More Christie Fox. The concept of family is different to every individual and it depends on who and how you ask. One person might describe the ideal family as one man‚ one woman‚ a little son and a little daughter. While the next person would say two men with two little daughters make the ideal family. “In the United States (and‚ for the most part‚ throughout the world)‚ the "family" is defined in censuses and surveys as two or more persons related
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Lynch and Veal (Ch. 1 customised textbook) and Godbey (Ch 1 in digitised readings) there are three main concepts of leisure: time‚ activity and attitude. Using these readings as your sources of knowledge‚ show your understanding of each of these concepts and illustrate your answer with examples of your own leisure time‚ activity and attitude. Your Response Leisure is a circumstantial concept. Godbey (2003) discussed that leisure can differ between persons. When attempting to define leisure
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Norman 1 Taylor Norman Dr. Mitrik English 101.07 August 31‚ 2012 Norman_E101.07_Freire_HW1 In the essay “The “Banking” Concept of Education” Freire explains his ideas of education in the classroom. He talks about two separate forms of education called the banking concept and the problem-posing education. Freire specifically uses two terms drawn from literature praxis and alienation to describe these ways of education. I believe the way Freire used the word praxis throughout the essay he is referring
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The five concepts that I feel I use in my everyday life and that are very important in the process of bettering myself would have to be; punishment‚ observational learning‚ positive reinforcement‚ goal setting‚ and communication. Those are the main things that I found in the chapters that I use in my everyday life‚ work‚ school‚ sports etc. Punishment‚ if used properly can have a very good outcome and can be the decrease in likelihood that a bad behavior or act will be repeated. If you can have
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‘The concept of being an other or outsider appeals to most readers’ Explore the methods writers use to present otherness. Writers like to present the idea of characters having a sense of otherness and being different from the norm‚ as they want to make a relatable character that is more true to life. In wuthering heights the nature of the multiple narrators means that a sense of otherness and strangeness is preserved. For example Nelly’s narrative is so dramatised that we could argue that much
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accounting concepts are rules and guidelines which the accountant follows and uses when deciding between differing options to make. They help to ensure the accounting information is presented accurately and consistently. All formal accounting statements should be created‚ preserved and presented according to the concepts and conventions’. The following will look at each of the concepts and conventions and relate them to the profit and loss account for a sole trader. GOING CONCERN This concept assumes
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