Additional useful information on types of risk Market or price risk relates to the uncertainty in markets and prices for both inputs (purchased for the production process)‚ and outputs (products and services for sale by the firm). Market/price risk has always been a major problem in most businesses and results from the economic forces of supply and demand. Outcome of these forces are fluctuations in the price for a commodity and/or inputs in the production of that commodity. These fluctuations
Premium Risk Finance Generally Accepted Accounting Principles
LESSON 2: ORGANIZATIONAL INFORMATION SYSTEMS An introductory topic on Management Information System Organizations are formal social units devoted to the attainment of specific goals. The success of any organizations is premise on the efficient use and management of resources which traditionally comprises human‚ financial‚ and material resources. Information is now recognized as a crucial resource of an organization. Examples of organizations are business firms‚ banks
Premium Information systems Decision theory
TYPES OF MONEY: 1. Commodity Money: Whenever any commodity is used for the exchange purpose‚ the commodity becomes equivalent to the money and is called commodity money. There are certain types of commodity‚ which are used as the commodity money. Among these‚ there are several precious metals like gold‚ silver‚ copper and many more. Again‚ in many parts of the world‚ seashells (also known as cowrie shells)‚ tobacco and many other items were in use as a type of money & medium of exchange
Premium Money Cheque Bank
Types of computers Firstly‚ what is a computer? Well‚ a modern computer is typically an electronic or digital device that manipulates data. Computers can execute a pre-recorded list of instructions know as a “programme”. Large amounts of data can be stored on computers and be quickly accessed‚ edited and stored. When it comes to computers there are several different types: * High Performance System (HPS) * Workstations * Personal Computer * Laptop / Notebook * Palmtop These
Premium Personal computer
of electric power. However‚ with the advancing technology‚ computers have shrunk to the size of a small watch. Depending on the processing power and size of computers‚ they have been classified under various types. Let us look at the classification of computers. What are the Different Types of Computers? Based on the operational principle of computers‚ they are categorized as analog‚ digital and hybrid computers. Operational Principle Analog Digital Hybrid Analog Computers: These are
Premium Computer Personal computer Mainframe computer
Information based on the Departmental publication "Legal System in Hong Kong" printed in 2008 Preface The first edition of this booklet was published in 1991. Its stated aim was to help the public understand how our legal system works. It stressed the importance of the rule of law to Hong Kong’s past success and future promise and emphasised the role that an informed public could play in ensuring the continued vitality of the legal system. 2007 marked the tenth anniversary of the establishment
Premium Law Common law
Q. Name & explain the different types of market Ans: A set up where two or more parties engage in exchange of goods‚ services and information is called a market. Ideally a market is a place where two or more parties are involved in buying and selling. The two parties involved in a transaction are called seller and buyer. The seller sells goods and services to the buyer in exchange of money. There has to be more than one buyer and seller for the market to be competitive. Monopoly - Monopoly
Premium Shopping mall Market Economics
2. Types of translation. Types of translation classification. Administrative translation The translation of administrative texts. Although administrative has a very broad meaning‚ in terms of translation it refers to common texts used within businesses and organisations that are used in day to day management. It can also be stretched to cover texts with similar functions in government. Commercial translation Commercial translation or business translation covers any sort of document used in
Premium Translation
TOURISM: PROJECT #1 TYPES OF GOVERNMENT Quimson Ronabel F. *H-268* Prof. Adrian F. San Miguel Government in the case of its broad associative definition‚ government normally consists of legislators‚ administrators‚ and arbitrators. Government is the means by which state policy is enforced‚ as well as the mechanism for determining the policy of the state. A form of government‚ or form of state governance‚ refers to the set of political systems and institutions
Premium Monarchy Government Form of government
COMMON LAW AS A LEGAL SYSTEM Common Law and Civil Law When defined in this way the term ¡§common law¡¨ is used to refer to a type of legal system called the common law legal system. The legal systems of various countries are modeled on the English legal system and these countries are said to have a ¡§common law legal system¡¨. This includes most of the British Commonwealth and the United States. The common law legal system involves such matters as trial by jury‚ presumption of innocence etc
Free Common law Law