Shared Flashcard Set

Details

Final Exam Package
N/A
17
Management
Undergraduate 1
04/22/2015

Additional Management Flashcards

 


 

Cards

Term
credit risk
Definition
Exposure to loss as a result of default on financial transaction or a reduction in a security's market value because of decline in credit liquidity of the debt issuer.
Term
market risk
Definition
Risk resulting from adverse movements in the level or volatility of market prices of securities, commodities and currencies.
Term
liability
Definition
Occurs when customers are injured on company premises or by a company's product or service.
Term
operational risk
Definition
Risk of unexpected losses arising from deficiencies in a company's management information, support, control systems and procedures.
Term
environmental
Definition
Risks due to impact from the environment.
Term

political 

economical

risk

Definition
Risks due to the political/economic environment in which the company operates.
Term
risk management
Definition
The range of activities that an organization intentionally undertakes to understand and reduce the effects of risk.
Term
averse risk tolerance
Definition
An investor, when faced with two investments with a similar expected return but different risks, will prefer the one with lower risk - "playing it safe."
Term
neutral risk tolerance
Definition
Indifferent to risk, usually only concerned about the expected return on their investment and not the risk they take on.
Term
seeking risk tolerance
Definition
Investors who search for greater volatility and uncertainty in investments in exchange for anticipated higher returns.
Term

1. Preserves data integrity.

2. Eliminates data redundancy.

3. Limits data views.

 

 

Definition
What are the purpose of data bases (3)?
Term
table
Definition
Collection of related items (customers).
Term
record
Definition
A single item in the collection (John Doe).
Term
attribute
Definition
A characteristic about a single item (age).
Term
primary key
Definition
Attribute that makes each row unique in a table (CustomerID).
Term
foreign key
Definition
Non-key column that links to a primary key in another table.
Term
entities
Definition
Comprised of a primary key and table attributes.
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