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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?
Corporate governance is best described as A code for organisational direction, administration and control.
QUESTION Explain the relationship between scarcity, choice and opportunity cost. "In a capitalistic system, Consumer Sovereignty is the key". Explain and discuss this sta
What are the national figures? National income figures: • Do not measure social, non-economic, quality of life indicators as like life expectancy that access to educatio
Question 1: "Policy can be conducted by rules or discretion.. The increased role of expectations led to some economists arguing that it would be best to force monetary policy
Foreign Exchange Market and Arbitrage Process: 1. Suppose that the Brazilian Real is quoted at R 0.9955-1.0076/US$ and the Thai Baht is quoted at B25.2513-3986/US$. What is
how does the buying and selling of stock fit the model for perfect competition?
Is low savings a problem? Countries along with low savings are caught into the vicious circle of poverty: there low savings, implies low investment low productivity therefore
Q.No2 Read the following situation Consider the following parlor game to be played between two players. Each player begins with three chips: One red, one white and one blue. Ea
impact of economic policies on decision of any organisation
Why are many economists opposed to licensure of medical facilities and personnel?
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