Distinguish the difference between a vulnerability

Assignment Help Microeconomics
Reference no: EM13306622

1.  What is risk leverage?

2.  What are the basic steps used in risk analysis?

3.  You work for an online retail store. Your website is your source of e-commerce and represents about 50%-60% of your yearly sales. You are asked to conduct a quantitative risk analysis for your boss. She wants an idea of what it would cost the company should the website be lost due to a catastrophic fire (i.e. the entire web farm is lost). Assume the outage would be one full week. (i.e. 7 days). The relevant data is as follows Outage duration 7 days Annual income from web site $1,000,000 Asset Value of web farm $300,000 Annual Rate of Occurance 1 in 15 Cost of Controls $10,000 a. Calculate the Annual Loss Expectancy (ALE) b. Calculate the risk leverage if the ARO after controls are put in place is 1 in 100

4. Describe the weaknesses of a quantitative risk assessment.

5.  Distinguish the difference between a vulnerability, a threat and a control

Reference no: EM13306622

Questions Cloud

Create a table comparing a regular corporation : Create a table comparing a regular corporation, an S-corporation, and a limited-liability company on these dimensions: limited-liability protection, double taxation, restrictions on the number of stockholders or members, rules, and restrictions.
What is nafta : What is NAFTA? Why was it formed? What has it accomplished?
Cognitive-behavioral and neuroscience approaches to learning : Discussing the conceptual differences and similarities between cognitive, behavioral, and neuroscience approaches to learning.
A country has experienced a recession during which : A country has experienced a recession during which, in addition to the decline in output and the increase in unemployment, there is a reduction in interest rates. discuss the possible causes behind this receesio
Distinguish the difference between a vulnerability : You work for an online retail store. Your website is your source of e-commerce and represents about 50%-60% of your yearly sales. You are asked to conduct a quantitative risk analysis for your boss. She wants an idea of what it would cost the company..
Describe what is meant by the gold standard : Find a descriptive article (1 page or more) which deals with a current exchange rate issue. Briefly summarize the article. Include the article with the summary. [current in this case means 2013).
Both countries open up to free trade : Both countries open up to free trade. Graph the relative world supply of cheese to wine and its response to the relative world price of cheese Pc/Pw based on the unit labor requirements. Provide specific values on the axes.
Estimate the allowance for doubtful accounts : Determine the number of days past due for each of the preceding accounts and complete the aging-of-receivables schedule.
Find magnitude and direction of the force on the charge : A charge of -4 x 106 coil is moving at 800 m/s along a path parallel to a horizontal straight wire and is 20 cm above it. find magnitude and direction of the force on the charge

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain how to counter the union officials argument

In an effort to stop the migration of many of the automobile manufacturing facilities from Detroit area, Detroit's city council is considering passing a statute that would give investment tax credits to auto manufacturers.

  Evaluate sustainability economic and sustainable agriculture

Research and evaluate sustainability economic and sustainable agriculture and evaluating a current or proposed government (local, state, national, international) policy and determining whether it is economically sound.

  How to identify factors that led to countrys trade deficit

Can you identify factors that led to our country's trade deficit? Do you believe our country has developed a great dependency upon foreign goods and natural resources in which manufacturing and production have been hindered domestically as a resul..

  When most people think that traveling is fun

In their song "Homeward Bound", Simon and Garfunkel talk about a singer on the road who has grown tired of the road. In part they say: Everyday's an endless stream Of cigarettes and magazines And each town looks the same to me The movies and the fac..

  Construct a table showing the marginal revenue product

Construct a table showing the (net) marginal revenue product derived from assembly worker employment and how many assemblers would Just Bikes employ at a daily wage rate of $100? Explain your answer and show all calculations.

  Cases in engineering economy 2nd by peterson & eschenbach

Cases in Engineering Economy 2nd by Peterson & Eschenbach

  The goal of the central bank is to stabilize output

An economy begins in long-run equilibrium, and then a change in government regulations allows banks to start paying interest on checking accounts

  Why no long-term contracts would be allowed

You have been put in charge of electricity restructuring on the Isle of Mann. As part of the restructuring plan, it has been suggested to you that all wholesale electricity should be sold on the spot market at a price that is set every single min..

  Monopoly firm is described as a price maker

What is meant when a monopoly firm is described as a price maker? How is a price maker different from a price taker? Is a monopoly ever a price taker?

  Are there any externalities associated with the good

Are there any externalities associated with this good Explain whether the private market should provide this good or the government should provide this good. Explain in terms of whether the characteristics of the good would make it difficult to be..

  Determine what is opportunity cost of attending the concert

If you receive a free ticket to a concert, what, if anything, is youropportunity cost of attending the concert How does youropportunity cost change if miserable weather on the night of theconcert requires you to leave much earlier for the concert ..

  Discuss the motivation of policymakers

should owners use market research when making decisions about starting or expanding a business POLICY MAKER 1.Government policymakers may be elected politicians or appointed experts. Describe some of the specific decisions made by policymakers that..

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