Essays on Risk Taking

The retail industry has always been subject to changing trends and designs. As advances in communications and global connectivity continue to grow, retailers have had to embrace a changing dynamic that includes shifting consumer preferences based on the latest trends, global economic uncertainty and vast…

Operational risk is a loss resulting from inadequate or failed internal processes, people and systems or from external events. Operational risk as the term already indicates, the potential losses associated with operating or “working” in the broadest sense can be well illustrated by examples, but…

The term itself got its own unique identity as it helps and warns many individuals in taking steps in their career or life and before expressing something worst. One must always try to find the cautionary tale on something they are on to. There is…

The return on premium bonds is unpredictable. These are not recommended for salaried investors having regular income, seeking guaranteed risk-free returns on long-term savings. These bonds offer public gambling platform backed by government. One has to be ready to sacrifice the regular returns to get…

Acceptable Risk of Technology Introduction While the emerging technologies usually present benefits to both the users and the proprietors such advancements are usually associated with certain degree of risks. According to Roeser (2012), risks arising from the technological advancements are serious ethical issues especially in…

Majority of the challenges discussed above are either due to lack of effective team management, communication gaps among divided or dispersed team or having an environment that benefits few and conflicts others. In this section we will be discussing following key factors that can help…

To handle with the different situations, a deep risk analysis process is called Decision making. The participatory techniques are used both to turn hard uncertainty into more manageable uncertainty as well as to increase the probability of environmental decision making, even in cases of uncertainty….