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Question 1:
(a) List ten principles of sensible risk management.
(b) There is a legal duty for employers to prevent ill-health which can be caused by work. Describe the steps involved in a good health risk assessment exercise.
Question 2:
(a) List the items that should be included in a ‘hazard checklist' to conduct a workplace-based risk assessment.
(b) Factory cleaning staff use a rotating floor polisher each night for the general cleaning.
(i) Identify seven hazards associated with the use of this equipment.
(ii) Outline what control measures should be used to reduce the risks to an acceptable level
Determine the Measurement of Risk There are three methods: (1) Volatility: Volatility may be described as range of movement (or price fluctuation) from the expected lev
The marketing department of a vitamin water company wishes to determine the maximum expected payoff from introducing a new strawberry drink. What decision, in terms of choosing the
There are 5 primary steps in assessing risk in the workplace wrt to H&S, identify 3 and discuss the what actions should be taken to manage or negate the risks posed - The sect
International Risk: International risk can include exchange rate risk and country risk. (i) Exchange Rate Risk: All investors who invest internationally in today's increasing
You observe the following statistics in the market. The stock of YUM! Brands Inc. (the holding company of KFC, Taco Bell and Pizza Hut among others) costs $66.24 today. Analysts es
Risk free assets is one for which there is no uncertainty in its expected rate of return and hence the standard deviation of such return is zero. Generally the expected rate of ris
On September 25,2008 a portfolio worth $10 million consisting of investments in four stock indices: DJIA, FTSE 100, CAC 40 and NIKKEI 225. The value of the investment in each index
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policies for non-cash generating assets
What is Industry Risk An industry may be viewed as group of companies which compete with each other to market a homogeneous product. Industry risk is that portion of an inv
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