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QUESTION
On a dark day, a train carrying more than 25 propane tankers derailed and began to burn. Upon arrival at the scene and conducting an initial size-up, the incident commander ordered an immediate evacuation of the community and informed the evacuees that the evacuation should not last more than 2 or 3 hours. As the expected evacuation period was short, some people evacuated without their pets. Electricity was turned off in the area. After 4 hours, the incident commander, in consultation with EOC personnel and chemical experts, determined that the evacuation should continue until the fire burned out
a) Describe what is meant by ethical decision making and problem solving
b) What are the ethical issues involved in this scenario?
What are the formal and informal sectors? Formal and informal sectors: Economic activities considered as to the government make up the formal sector of the economy. That
Explain the ways in which businesses may try to influence government policy in a way that might benefit them. In the light of government regulation, businesses may become inv
The prevention of main swings in economic activity can be handled most simply by the household sector. Explain why?
What is social inclusion? Social Inclusion: Social inclusion implies the whole of society enjoys the advantages of economic activity (as income) and have complete access
the central problem facing a group of survivors on a ship
How much power or influence does a U.S. President versus a company CEO actually have in a free enterprise system, when it comes to producing jobs or the decision to manufacture co
Question: (a) Discuss the conditions necessary to achieve Pareto Efficiency. (b) Competitive markets are generally assumed to lead to a Pareto optimal allocation of resource
What are the factors of evaluating a policy or institution? Factors to consider during evaluating a policy or institution comprise: • Internal and external constraints onto
Corporate governance is best described as A code for organisational direction, administration and control.
There are two agents, A and B. Both have preferences represented by a von Neumann-Morgenstern utility function u(c s j ) = ln (c s j ), where c s j is consumption of agent j in
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