The purpose of antitrust (also known as competition) laws is to increase competition in an industry by preventing mergers and breaking up large firms. increase merger activity to help generate synergies that reduce costs and raise efficiency. subsidize monopolies when they are making losses create public ownership of natural monopolies.

What is the Non-Financial Decision Making rule? 

What are the main sources of personal risk?

Which of the following offers an explanation as to why the principal-agent problem exists for a firm? The firm cares less about profit and more about cost when there are many competitors in the market The firm offers an employee­incentive program in which employees share in the firm’s profit The firm operates in a market with many competitors forcing the firm to pay its employees more to keep them from switching to another firm The firm operates to maximize profit while the employees attempt to work as little as possible to earn their paycheck

What are the most common ways to treat personal risks?

What classifications of risk are ideal for insurance companies?

The Chief Financial Officer is concerned about the state of the 2035 economy and its impact of the organization’s ability to pay its long-term debt obligations. He is concerned the organization may default. In order to communicate properly and propose solutions to address his concerns, what subjective value should you consider?

Why has risk management emerged as a discipline within colleges of businesses? 

Delta Corp faces potential cybersecurity breaches with estimated costs based on breach severity: • No breach: Probability = 0.60 • Minor breach (data exposure): Probability = 0.25, Cost = $150,000 • Major breach (data theft): Probability = 0.15, Cost = $4,750,000 What is the expected value of a cybersecurity breach for Delta Corp this year?  

When all of your friends are investing their money in Dogecoin, you feel like you should do the same because you do not want to miss out.  What are you exhibiting?   1. mental irregularity 2. fiscal intelligence 3. moral hazard 4. herd mentality