Operational risk

INTRODUCTION 1.1 The concept of elasticity Elasticity is an economics concept that measures the responsiveness of one variable to changes in another variable. Suppose you drop two items from a second-floor balcony. The first item is a tennis ball. The second item is a brick. Which will bounce higher? Obviously, the tennis ball. We would say that the tennis ball has greater elasticity. Beggs (2017) wrote that elasticity can take a number of different forms, depending on what cause and effect…

ANTICIPATED MEDIA Q&A – PRODUCT Q. When will the PHAB2 Pro be available and in which markets? A. The Lenovo PHAB2 PRO will be available worldwide from XXX. Q. How much will the PHAB2 Pro cost? A. The recommended retail price is US$XXX, but please refer to Lenovo’s online store in each country for local pricing. Q. Who are the target users for the PHAB2 Pro? A. PHAB2 Pro is for tech-savvy consumers who desire to be at the forefront of augmented (AR) and virtual reality (VR). Q. How is Lenovo…

Before we can make a summary about Ergonomics is.We should first look at a definition to understand what it means in the general .According to Sanders and McCormick (1993) Ergonomics is "discovers and applies information about behaviour ,abilities, limitations, and other characteristics to the design of tools, machines, task, jobs, and environments for productive, safe, comfortable, and effective human use ." Ergonomics has goals, roles and objective/scopes .According to the Occupational Safety…

"Peer Pressure has a Positive Side," by Annie Murphy Paul, she states, "statistics show that a teenage driver with a same-age passenger in the car is at a higher risk of a fatal crash." The teen driver may be a great student who follows all the rules, but their friends can easily sway them to change this at times. They are at a higher risk of a deadly crash because of peer pressure. Their peers might not be directly telling them to speed up or drive more adventurous, they could simply just be…

diversification. At the same time, it may increase the cost of additional promotional products, and the import-export government for import and export tariff control and restrictions, as well as complex export licensing documents and uncertain financial risks (Brentwood, 2016). Export can promote sales volume, increase revenue and market development , and accelerate the diversification of company business . At the same time , it may increase the cost of additional promotional products , result…

Case Preview Magnet Beauty is a fast-growing retailer is facing two different leasing options for its stores. In choosing between the two options, management is considering the potential impact of the two options on the company's financial statements, considering the proposed new accounting standard for leases. Leasing obligation was treated as operating leases on under the old method in the financial book. Also, they were not considered as an asset that results in a term called off-balance…

The following case study is based on a company called Target, which experienced a security breach in 2013 (Aguilar, 2014). Hackers penetrated the Target’s system through their web server (Aguilar, 2014). The hack exposed 40 million credit card and debit card details such as CCV numbers, credit card numbers, etc. as a result, employees lost their jobs, and board members were threatened with retrenchment (Aguilar, 2014). After that 140 lawsuits followed (Aguilar, 2014). These were people who…

Risk Taking Risk taking is one of the most influential deciding factors in whether a person makes it big or remains ordinary. A generally accepted idea is that the higher the risk a person takes, the greater the potential profit will be. While managing risk is an imperative skill to possess for maintaining wealth, learning to take risks in the first place is what makes wealth. The research conducted on “Rags to Riches” Americans shows that every single person took a significant risk at some…

consequence health outcomes. Although, this model does not specify how stress is related to the relationship between personality and health related behaviors, it still provides valuable information of how personality is related to specific health behaviors (risk behaviors or preventive behaviors), and how specific health behaviors are associated to specific health outcomes. In this model, researchers have also evaluated health behaviors as mediators of personality and health outcomes, and…

debt depending on how much the company owes. People may think, “Why would I want to be business owner with all of these risks involved?”. It’s not always going to be easy. Besides, what is easy? Being a business owner is risky because all the money you have is being put into the business and that is taking a chance of either going for it all, or losing it all. I’m personally a risk taker because I don’t want to settle for less, I want to go for it all. What’s the difference from driving in a…