Reference no: EM13901028
Distinguish between pure risk and speculative risk. List and explain in detail the three kinds of pure risk.
Explain the concept of Enterprise Risk Management. How does it differ with the holistic risk management approach? Why did the Harvard Business Review consider it a “game changer” as it applied to strategic planning?
Explain the following financial risks: interest rate risk, market risk, credit risk, and currency risk. How would a global insurance company, for example John Hancock, possibly manage each one of these risks; provide current assumptions and figures in your answer.
You are a claims specialist for YYZ Insurance Company and your policyholder has purchased a trampoline to be placed in their backyard. They tell the neighbor’s kids they cannot use the trampoline, but while the policyholder was on vacation one of the neighbor’s kids jumped on the trampoline and fell, breaking his arm. Who is negligent? Include in your answer a review of the four elements that prove negligence.
In past few years, a number of high-profile retail businesses (e.g., Target, Home Depot) have been subject to personal information hacking. Explain the application of e-commerce risk on these companies and how they can manage the risk. What level of recourse does the patron have against the company (if any)?
Explain a CGL policy. Include the different parts of the policy and also explain how it’s different from a BPP policy.
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What amount of safety stock is appropriate
: The demand of the winter jacket varies over the week (7 days). The average demand per week is 50 items. Given that the retailer’s order lead time is two days, the average lead time demand is 16 items and the standard deviation during lead time is 3 i..
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What descriptive words would best portray the tone
: What descriptive words would best portray the tone
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Kilogram of fossil carbon burned
: The concentrations increased exponentially until the energy crisis in the mid-1970's rose at a rate of 1.5 ppm/year for several decades, and in the 2000s began rising at a rate of 2.0 ppm/year and higher. Every kilogram of fossil carbon burned pro..
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Find the area of a triangle formed by the points
: Using vectors, find the area of a triangle formed by the points P(1, 1, 1), Q(3, 2, 5), and S(5, 7, 9).
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Explain in detail the three kinds of pure risk
: Distinguish between pure risk and speculative risk. List and explain in detail the three kinds of pure risk. Explain the concept of Enterprise Risk Management. How does it differ with the holistic risk management approach? Why did the Harvard Busines..
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How should the court rule on wade pretrial motions
: How should the court rule on Wade's pretrial motions to exclude his statement to Officer Luthor at the scene of the arrest, the identification of Wade by Mettler at the police station, as well as the purse seized from Wade's car
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What cycle time would match capacity and demand
: What cycle time would match capacity and demand if demand is 154 units a day, there are two shifts of 535 minutes each, and workers are given three half-hour breaks during each shift, one of which is for lunch or dinner?
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Prepare the journal entries to record
: Ike issues $ 180,000 of 11%, three year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. They are issued at $ 184,566. Their market rate is 10% at the issue date.
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What role does forecasting play in the supply chain
: What role does forecasting play in the supply chain of retailers or wholesalers with inventory? Please give some examples of products that display seasonality demand. What data would you use to forecast the next year’s sales?
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