Because of the great emphasis on risk management amongst professional investors and investing groups, there comes a need to quantify the risk in a portfolio. In essence, value-at-risk calculations derive the outstanding value that is at risk according to the degree of exposure the entire portfolio is carrying. Imagine that the entire portfolio is in cash reserves except for 10 percent that is invested in aggressive futures.
Pros and Cons Cashless Economy: Pros and Cons Governments across the world have stepped up their fight against cash. Cash is being increasingly viewed as a curse that mankind needs to rid itself of. The goal is to move towards a cashless economy. The closer an economy is towards this goal, the more successful it is considered to be.
However, the concept of cashless economy is not understood by many. It is still the prerogative a few economists and academicians. In these cashless times, it is imperative that everyone have an understanding of what a cashless economy is and what its pros and cons are. In this article, we will list down the pros and cons of this cashless economy.
Fewer Currency Notes in Circulation Simply put, a cashless economy is where fewer notes exist in circulation as compared to the money supply. In cashless economies, only smaller bills will exist for small menial transactions.
Any transactions above a certain amount will have to be done digitally. Higher Seigniorage One of the immediate benefits to the government would be a higher Seigniorage. Seigniorage is the profit from the printing of currency. Cashless money exists in the form of digits on a computer.
Hence it does not have to be printed. As a result, the Seigniorage is high. The government saves a lot of money.
This excess saving can be used to provide tax waivers to the people.
Digital money is simply a more efficient way to operate an economy. Reduced Tax Avoidance In many developing countries, tax avoidance is a major problem that impedes development.
This is because mafia and other large organizations gain hold of businesses. The money generated is laundered easily due to lower rates of law enforcement. Countries like India have borne the brunt of this problem.Resources / Career advice / Career growth / Pros and cons of manager jobs. Pros and cons of manager jobs.
by: Amy White. take a minute to review both the pros and the cons of manager jobs. Getting a management position can be a great way to turn your current job into a career.
Many managers go on to become general managers or . The pros and cons of ISO certification Jaclyn Jaeger | October 25, The corporate world is awash in global standards: accounting, risk management, information technology, quality and safety management, and much more.
The Pros And Cons Of Hiring An Expatriate Management Essay. Print Reference this.
Published: 23rd March, Disclaimer: This essay has been submitted by a student. This is not an example of the work written by our professional essay writers. Pros & Cons of Hiring an Expatriate based on Culture over Past Knowledge & Experience.
Make sure to explain the risk management process you choose. For the DoD document, you should focus on the use of “culture shift” as a risk management strategy.
Discuss the pro’s and con’s of using “culture shift” and “individual responsibility / accountability” as a risk management strategy. The side of risk communication that built my reputation and sent my children to college was outrage three and cons law strikes pros essay management: Law is a system that regulates and ensures.
After being taken down twice by Blogger within a single week, we got the message: Drone Wars: Bergen, Daniel Rothenberg: This belief is not true.
Risk management is a procedure which includes analyzing, assessment, addressing and controlling threats to the company. Here we have discussed pros & cons.