Operational risk

Chemical, biological, nuclear, and radiological activity as well hazardous material can cause a significant amount of damage at any time. Because they can be airborne and travel throughout the environment, taking many fatalities and causing major damage for a long period of time if not dealt with properly. That's why it is very important that emergency responders stay educated and continue to get the proper training, enabling them to deal with these type situations shall arise making them no to…

Sam is concerned with Focus Software potentially targeting Forward Software upon completion of their lawsuit against Discount Software. Sam is faced with a dilemma of whether or not to hire the law firm to assess the outcome of Focus Software vs. Discount Software. If Given the value of the information the law firm provides, Sam needs to assess the fairness of the firm’s offer of $0.7 million. With Focus Software's lawsuit against their competitor Discount Software, Focus looks to set precedence…

CSX Mission Statement to Website Analysis According to missionstatement.com CSX aims “to be the safest, most progressive North American railroad, relentless in the pursuit of customer and employee excellence.” This statement is also directly stated prominently on the CSX website in their about me phase. After careful analysis of the CSX homepage, I believe this company reflects these values throughout their about us section of their webpage. This is because after breaking down the…

When we are vulnerable we close our minds to new points of view. We are scared when we are vulnerable and close our minds because that is our first reaction. Being vulnerable can also help us gain different points of view. We can gain different points of view because to be able to get away from our vulnerability we have to open ourselves up. There are many things we do in a day that can make us vulnerable that we do not even realize. There has been may of times so far at USD when I had to force…

Taking risks is often a part of everyday life, the hard part about it is deciding to take them or not. The fictional novel Lyddie by Katherine Paterson. It is all about a girl (named Lyddie) who has to work in a factory to pay off her mother’s debt but the working conditions are not that good, so she is thinking about signing a petition to try to get better working conditions, if she does she has the risk of getting blacklisted. Should she take the risk. Although some people think Lyddie should…

The president of Alert Realty Company was asked by one of his salesmen’s wives to require her husband to go to a marriage counselor, one that the company donates to. Dan O’Brien, the husband, has not been doing as well as he has in the past according to his sales, so this marital problem could be affecting his work. The problem is if the president can intervene within this personal affair or not because it could be affecting his work, and the company’s sales. The first course of action that…

Christopher Bergland gets it. In his article “What drives Extreme Athletes to Risk Lives,” he states “The need for achievement personality trait is characterized by an enduring and consistent concern with setting and meeting high standards of achievement. This need is influenced by internal drive for action (intrinsic motivation)…

Situational awareness is very critical in dealing with emergency management and the planning process. One must always be prepared and ready in case of an emergency and/or a crisis. Both could be deadly depending on the circumstances and if you respond within a timely manner. Situational awareness is the best action anyone can take against accidents. Being alert of your current situation and thinking ahead of what may happen in the future is a must and essential for your survival. Communication…

1. What is inflation risk? Inflation risk, also called purchasing power risk, is the chance that the cash flows from an investment won't be worth as much in the future because of changes in purchasing power due to inflation. 2. What are opportunity costs? the loss of potential gain from other alternatives when one alternative is chosen. Give an example of an opportunity cost. Choosing to get food and loosing the chance to see a movie is an example of opportunity cost. 3. What is the time value…

The “Summary of Assessment Items” that is listed on pages 158 and 159, contain the percentage score for each of the seven categories (Fisher, 2004). The scores are compiled from the homeland security assessment that was performed by the designated assessment teams. These assessment scores are derived from information outlined, and based on the Baldrige Criteria for homeland security. The focus of the scores from the Summary of Assessment Items is to determine where an organization’s strengths…