Which of the following best describes the risk aversion principle?
Which of the following best describes the Risk Aversion Principle? Take the action that produces the least harm or the least potential cost.
Which of the following best describes intellectual property?
Which of the following best describes intellectual property? It refers to the ownership of patents, copyrights, and trademarks. __________ are programs for managing, retaining, and promoting different types of people in the workforce. Amal owns a food company.
Which of the following statement best describes the effect of new information technology on society?
Which of the following best describes the effect that new information technology has on society? It has a ripple effect, raising new ethical, social, and political issues.
Which of the following best describes how a new information system can result in legal GREY areas?
Which of the following best describes how new information systems result in legal gray areas? It has a ripple effect, raising new ethical, social, and political issues.
What is risk-averse in risk management?
Definition: A risk averse investor is an investor who prefers lower returns with known risks rather than higher returns with unknown risks. In other words, among various investments giving the same return with different level of risks, this investor always prefers the alternative with least interest.
What is risk aversion in decision making?
Definition. Risk aversion is a preference for certainty over uncertainty. Based on expected values, a risk averse person may prefer a certain outcome with a lower pay-off over an uncertain outcome with a higher pay-off.
Which of the following best describes income inequality quizlet?
Which of the following best describes income inequality? A diverse workforce yields many positive outcomes for a company.
Which of the five moral dimensions of the information age do the central business activities of double click involve?
Which of the five moral dimensions of the information age do the central business activities of DoubleClick involve? 5 Moral Dimensions: information rights and obligations, property rights and obligations, accountability, liability, and control, system quality, and the quality of life.
Which of the following statements best describes an information system?
The correct answer is: (b) An information system consists of the hardware, software, data, people, and procedures that work together to produce… See full answer below.
Which of the following statements accurately describe an information system?
123. Which of the following statements accurately describes an Information System? An Information System is a contemporary term that describes the combination of information technology with telecommunication technology.
What are the three main activities of an information system?
Input, processing, and output are the three activities in an information system that produce the information an organization needs. Input captures or collects raw data from within the organization or from its external environment. Processing converts this raw input into a meaningful form.
Which of the following statement best describes risk?
Which of the following statements best describes risk? Uncertainty when looking to the future.
Which best describes risk-averse investors?
Risk-averse investors also are known as conservative investors. They are, by nature or by circumstances, unwilling to accept volatility in their investment portfolios. They want their investments to be highly liquid. That is, that money must be there in full when they're ready to make a withdrawal.
What does risk-averse mean in health and safety?
Those who do not like risks are known as a risk averse individual. Risk averse individuals will generally take the lower return because there is less risk involved, even though there is a chance to get a higher return, such as with investments in the stock market.
What is risk aversion in prospect theory?
According to prospect theory, people are risk averse in the gain frame, preferring a sure gain to a speculative gamble, but are risk seeking in the loss frame, tending to choose a risky gamble rather than a sure loss (Kahneman and Tversky, 1979, 1984; Tversky and Kahneman, 1981).
Which of the following statements best describes the wealth distribution in the world quizlet?
Which of the following statements best describes the wealth distribution in the world? The richest one percent owns approximately half of the world's wealth.
Which of the following best describes the line of perfect income inequality in a Lorenz curve?
Which of the following best describes the line of perfect income inequality in a Lorenz curve? The line of perfect income inequality is at 0 degrees, because one person has all the wealth.
What are the five moral dimensions of the information age?
These issues have five moral dimensions: information rights and obligations, property rights and obligations, system quality, quality of life, and accountability and control. Suddenly individual actors are confronted with new situations often not covered by the old rules.
What specific principles for conduct can be used to guide ethical decisions?
The main principles for conduct which can be used to guide ethical decisions include; the Golden Rule, Immanuel Kant's Categorical Imperative, Descartes' rule or change, the Utilitarian Principle, the Risk Aversion Principle, and the ethical "no free lunch" rule.
Which of the following statements best describes the relationship between data and information?
Which of the following statements correctly describes the relationship between data and information? Information is raw facts with no meaning in and of themselves, whereas data is information that has been transformed to be useful.
Which of the following best describes systems planning?
Best described system planning to the correct answer is the purpose of this phase is to perform preliminary investigations whose key part is a feasibility study, which is auction beef.
Which of the following best describes the first three components of information systems?
As discussed before, the first three components of information systems – hardware, software, and data – all fall under the category of technology.
What are the basic concepts of information systems?
Systems have inputs, processing mechanisms, outputs, and feedback mechanisms. A system processes the input to create the output (3). Input is the activity of collecting and capturing data. Processing involves the transformation of inputs into outputs such as computation, for example.
What are the basic functions and activities of it systems?
Five Basic Functions of a Computer System
- Input or inserting data and instructions.
- Processing.
- Output or retrieving data or information.
- Storing data or information/file management.
- Controlling of devices and functions.
Nov 21, 2018
Which of the following best describes risk quizlet?
Which of the following best describes risk assessment? Risk assessment determines the potential frequency of the occurrence of a problem and the potential damage if the problem were to occur.
What best describes a risk analysis quizlet?
What best describes a Risk Analysis? The Risk Analysis is intended to evaluate where an organization gets the ePHI it uses, how it is stored and used as well as risks to the processes.
What is meant by the term risk-averse quizlet?
A risk averse individual is the one who prefers less risk for the same expected return.
What is risk aversion simple definition?
What Is Risk Averse? The term risk-averse describes the investor who chooses the preservation of capital over the potential for a higher-than-average return. In investing, risk equals price volatility. A volatile investment can make you rich or devour your savings.
Which one of the following is the basis for prospect theory?
Prospect theory is based on the concept that investors are: Risk-taking regarding losses.
What is the prospect theory based on?
Prospect theory was based on a series of experimental empirical demonstrations of actual human choice behavior; it was developed to present a descriptively accurate model of human decision-making.