Prevention is often the cheapest and most ethical to manage risk, but why it is often neglected?

Fantastic news! We've Found the answer you've been seeking!

Question:

Prevention is often the cheapest and most ethical to manage risk, but why it is often neglected? Explain your answer.

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

See More Books

Posted Date: Apr 19, 2024 05:49 AM

See More Questions

Q1: How would a supply chain management and customer relationship management system help the company? What are limitations? 1 answer
BEST PRACTICES FOR CYBERSECURITY ETHICSNo single, detailed code of cybersecurity ethics can be fitted to all contexts and practitioners;organizations and professions should therefore be encouraged to...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Though the McDonalds (MCD) menu of hamburgers, cheeseburgers, the Big Mac, Quarter Pounder, Filet-O-Fish, and Chicken McNuggets is easily recognized, McDonalds financial statements may not be as...
The following table represents world oil pro in millions of barrels a day in the third quarter of 2011: a. Construct contingency tables based on total percentages, row percentages, and column...
Brittney Good opened Brittneys Cosmetic Market in London, Ontario on April 1. Brittney offers no sales discount, and 8% PST and 5% GST is charged on all cosmetic sales. The following transactions...
Consider the simple linear regression model fit to the tank pressure and volume data in Problem 2.16. Problem 2.16 Carroll and Spiegelman ("The Effects of Ignoring Small Measurement Errors in...
Sales budget data for Goody Company are given in BE23-2. Management desires to have an ending finished goods inventory equal to 20% of the next quarters expected unit sales. Prepare a production...
How does Bayesian inference play a role in the quantification of model risk within advanced risk management frameworks ?
Create a Java program to implement the A* search algorithm for finding the shortest path in a grid-based map.
One of the most tools that help economists explain the past and sometimes predict the future is the Nash equilibrium. The concept behind Nash equilibrium allows how competing firms set their prices,...
How does the concept of social class intersect with broader structures of power and privilege, and how do theories such as Marxist, Weberian, and Bourdieusian perspectives offer differing insights...
Hillary is buying Halloween candy for the trick-or-treaters in her neighborhood. She bought 6 bags of miniature candy bars and 2 bags of lollipops for $42. Jack bought 5 bags of miniatures and 3 bags...
A constant horizontal force of 9 N pushes a 25 kg-mass through a medium that resists its motion with 0.9 N for every m/s of speed. The initial velocity of the mass is 10 m/s in the direction opposite...
A shoe store is having a sale where each pair of shoes is sold for the same price and each pair of sandals is sold for the same price. Gloria purchased 4 pairs of shoes and 3 pairs of sandals for...
Read the JetBlue Airline case study and you need to do some strategic management case analysis
Would you use the adjacency matrix structure or the adjacency list structure in each of the following cases? Justify your choice. a. The graph has 10,000 vertices and 20,000 edges, and it is...
Evaluate the shape factor $\phi_{B}^{f}$ for strength-limited design in bending of a square box section of outer edge-length $h=100 \mathrm{~mm}$ and wall thickness $t=3 \mathrm{~mm}$. Is this...
Derive the expression for the shape-efficiency factor $\phi_{B}^{e}$ for stiffness-limited design for a circular tube with outer radius $5 t$ and wall thickness $t$, loaded in bending (Fig....
Derive the expression for the shape-efficiency factor $\phi_{B}^{e}$ for stiffness-limited design for a square box section of wall thickness $t$, and height and width $h_{1}=10 t$ bent about...

Prevention is often the cheapest and most ethical to manage risk, but why it is often neglected?

Question:

Expert Answer:

Microeconomics An Intuitive Approach with Calculus

Students also viewed these general management questions