Discuss how the concept of risk-based terminology presented

Assignment Help Risk Management
Reference no: EM131981207

Problem

USING THE FOLLOWING BOOK FROM THE COURSE ANSWER THE QUESTION BELOW:

Popov, G., Lyon, B. K., & Hollcroft, B. (2016). Risk assessment: A practical guide to assessing operational risks. Hoboken, NJ: Wiley.

Discuss how the concept of risk-based terminology presented in this course can be used in your organization, or one with which you are familiar, instead of traditional safety-based terminology. Provide at least two examples. Finally, are there any changes you would suggest in how to present this concept? Explain.

Reference no: EM131981207

Questions Cloud

Discuss the characteristics of a learning organization : Based on Emerson's account please find an example of an organization which is not a learning organization. Compare and contrast the key characteristics.
What is the contribution margin per unit : Net Present Value: The Lees are considering adding a new piece of equipment that will speed up the process of building the bobble heads.
Influenced you positively in the past : Think about a manager who has influenced you positively in the past. Describe the qualities that you believe made the person a good manager.
Compute realized rate of return for investors : Compute the realized rate of return for investors who purchased the bonds when they were issued
Discuss how the concept of risk-based terminology presented : Discuss how the concept of risk-based terminology presented in this course can be used in your organization, or one with which you are familiar.
Find the appropriate lift curve : Exercise: Lift and Airfoils - Find the appropriate lift curve for your Airfoil from 4. You can utilize any officially published airfoil diagram
What is the most beneficial lean concept that you have learn : In your opinion, what is the most beneficial lean concept that you have learned from this course? Explain why you feel that it is beneficial.
Do you agree with winston optimistic political vision : Our series of seven formal writing assignments is a developmental exercise designed to improve your analytical reading, writing, and thinking skills.
What is the difference in the present value if you receive : What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year?

Reviews

Write a Review

Risk Management Questions & Answers

  Hierarchy of controls are most applicable to system safety

What levels of the hierarchy of controls are most applicable to system safety? Are any levels not useful when applying system safety? Provide one or more examples that support your response.

  The measurement or the management of risk

Why is risk measurement and risk management so important? What is more important -- the measurement or the management of risk?

  How do you plan in budgeting for risks

How do you plan in budgeting for Risks, factoring affected tasks in a project, and suggest the process for payment of appropriate costs to be reimbursed by procurement department?

  Why are system safety principles not used by professionals

Why are system safety principles not used by all safety professionals? Suggest some ways to overcome the obstacles to wider adoption of system safety.

  Describe the process of performing a risk assessment

Describe the process of performing a risk assessment. Elaborate on the approach you will use when performing the risk assessment.

  What is the company nonoperating return

What is the company’s nonoperating return? Walt Disney’s 2016 net operating profit margin is:

  How can you interpet the downside risk factor

How can you interpet the downside risk factor that we used here? Is there any problem? Could we do better? Hint: In their JF paper, Jurek and Stafford (2015) explain hedge fund returns using downside risk.

  What is the primary venue for risk management updates

What is the primary venue for risk management updates? How is a risk watch list relevant? How would you propose to report risks in your project? Are there specific requirements that dictate risk reporting?

  Evaluate the financial impact on london

Evaluate the financial impact on London as a leading financial centre in the world, if the referendum result on Brexit on 23 June 2016 turned out that Britain leaves the EU.

  What is hazard or risk that you believe should be mitigated

What is the hazard/risk that you believe should be mitigated? Why is this hazard/risk a priority? What steps should be taken to mitigate against this risk (project description)?

  How risky is your company

MBA402 - Governance, Ethics and Sustainability - read a fictional case study based on the operations of a rapidly growing investments seminar company

  What is meant by concentration risk

How do rating agencies seek to limit the exposure of a pool of loans to concentration risk?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd