Discuss the cumulative effect of all risks

Assignment Help Other Subject
Reference no: EM132699825

Question: In many risk programs, risks are managed individually. A robust risk program, however, considers the cumulative effect of all risks. Assess the following scenario and identify the effect of multiple events on a risk management strategy:

When the Titanic struck the iceberg, the weather was bad, the lookouts were not properly equipped, the radio operator was not monitoring other ship traffic in the area, and the ship design had a major flaw in the construction of the hull's "watertight" compartments.

Reference no: EM132699825

Questions Cloud

How the item should be valued in accounting for acquisition : How the item should be valued in accounting for the acquisition, if the item is measured at fair value - how the fair value would be determined
Identify the effect of events on a risk management strategy : In many risk programs, risks are managed individually. A robust risk program, however, considers the cumulative effect of all risks. Assess the following.
Prepare an income statement for first month of operations : Melissa receives $1.80 per copy of the magazine and $0.45 per brochure. Prepare an income statement for the first month of operations
What is the npv for the project for vitalife pty ltd : What is the NPV for this project? $. Case sensitive. Type in 120,000.00 (two decimal places) for $120,000.00, or -120,000.00 for negative $120,000.00.
Discuss the cumulative effect of all risks : In many risk programs, risks are managed individually. A robust risk program, however, considers the cumulative effect of all risks. Assess the following.
What is Luisa total revenue for a month : Purchase of three leashes at $10 each (she carries these with her in case a leash breaks during a walk). What is Luisa total revenue for a month
What is the new temperature of the gas : The temperature of a gas is 100 K and its volume is 500.0 ml. If the volume increases to 1,000.0 ml. What is the new temperature of the gas?
Identify and obtain the resources and equipment : Identify and obtain the resources and equipment that are relevant to perform the required calculations effectively, including handheld calculators.
Discuss steps in a secret ballot representation election : Identify and discuss in detail the steps in a secret ballot representation election. Who initiates this process? Explain. Your response should be at least 300.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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