Initially‚ the VaR has been anticipating to quantify the available risks in derivatives markets‚ but it has grown widely and it has now been applied in measuring all kinds of risks‚ primarily credit and market risks. It also developed from a tool that quantifies risk to a tool that is applied in active risk management. Today VaR has shifted beyond application in financial institutions. In the beginning‚ companies with largely exposed to financial markets used other kinds of activities before spreading
Premium Risk Actuarial science Risk management
Richard Feynman is a world renowned physicists‚ he is known especially for his help in the development of the atomic bomb. Considering that he is the creator of the worlds most dangerous weapon‚ The Value of Science can be interpreted on an entirely different level as Feynman goes back and forth on the concepts of good vs. evil as a way to reflect his moral conscience. Richard Feynmans’ morality can be seen through his passages about good and evil in the world of science and the world outside of
Premium Morality World War II Good and evil
greenery and trees. But the question is why do I value it? Well‚ I value it because I subjectively like those things. Likewise‚ my friend values those things he views as being destroyed more than what is replacing them. This goes back to the old debate about intrinsic value. That is‚ do the things in our natural world inherently posses value in the absence of human beings? Quite simply‚ they do not. Those things in our natural world only have value in which the human mind attaches to them. This
Free Value theory
Our Filipino Values: A Connotation to the World What are Filipino values? What is distinctly Filipino in our value system? The Filipino value system arises from our culture or way of life‚ our distinctive way of becoming human in this particular place and time. We speak of Filipino values in a fourfold sense. First‚ although mankind shares universal human values‚ it is obvious that certain values take on for us a distinctively Filipino flavor. The Greek ideal of moderation or meden agan‚ the
Premium Social philosophy Culture Virtue
‘Strategic Cost Management and the Value Chain’ Every business‚ whether it be a production or service entity has an underlying goal in maximizing revenue whilst keeping the costs of sales low‚ inevitably to increase profits from year to year. American Professor Michael Porter developed a concept called the value chain‚ hence creating value chain analysis. A value chain can be defined as‚ the linked set of value-creating activities beginning with basic raw material sources through
Premium Strategic management Value chain Costs
Value Chain Analysis The value chain analysis describes the activities the organization performs and links them to the organization’s competitive position. Value chain analysis describes the activities within and around an organization‚ and relates them on analysis of the competitive strength of the organization. Therefore‚ it evaluates which value each particular activity adds to the organization’s products or services (Recklies 2001). Value chain analysis can be used to describe
Premium Management Value added Value network
Crow Country Examining Australian values‚ this blog will reflect Kate Constable’s Crow Country with aspects of what defines us as Australians. Constable’s novel gives the readers varying points on the attributes that make us Australian. Instead of only showing the good or only the bad‚ Constable develops characters that show a mixture of both through their actions‚ beliefs and relationships with others. Constable has developed characters that demonstrate the best of what makes us Australian
Premium Australia Discrimination Integrity
Personal Values My personal values and beliefs as an individual are accountability‚ trust‚ respect‚ and compassionate. These values and beliefs make me make my own decisions and live my everyday life. As an individual‚ I should take accountability for our own actions. I should take accountable for the care I give and for the things I fail to do. I am accountable for maintaining my knowledge and using it in the clinical settings. Accountability can be shown according to our behavior with a patient
Premium Sociology English-language films Psychology
Values Clarification Kristin Goodwin Southern New Hampshire University Nursing 310: Nursing Leadership & Management CoralAnn Hackett‚ RNC‚ MSN Values Clarification Values are the cornerstone of every healthcare organization. When expressed and put into action‚ values become the living energy of the organization (Human Science). An organization’s mission and vision statements clearly define the culture of the organization and its means to complete the defined mission. When each member of
Premium Sociology Virtue Morality
living on their own. Every person has a different life and different values. Do these people value the life that they are living? Another question might be‚ how should their society assign value to human life? Society should assign value to human life based on friends and family‚ one’s circumstances‚ and qualities of life itself. The value of one’s life can be based on your friends and family. If anyone is questioning the value of their own life‚ they should just look around them at the people who
Premium Human Family Meaning of life