Environmental Law and Policies
Not what you're looking for?
How important should cost-benefit analysis be in risk management decisions? Should such considerations be uniform for all environmental issues?
Thanks
Purchase this Solution
Solution Summary
This solution is provided in 487 words. It discusses cost-benefit analysis in decisions for risk management, specifically in relation to the environment and awareness.
Solution Preview
Cost benefit analysis is extremely important in risk management decisions. Cost-benefit analysis is one of the tools available to aid decision-making in the consumer safety field and risk management decisions. Cost benefit analysis can be done by assessing terms of savings in: i) medical costs (accident and emergency department costs, in-patient costs, ambulance costs, out-patient costs); ii) loss of output (lost output of victim, lost output of others); iii) other service costs (e.g. fire fighting costs, social service costs); iv) property damage costs; v) other costs (e.g. additional costs experienced by the victim and his family for transportation, provision of home care, legal costs, etc.). As well, other costs include i)manufacturers' costs (change in set-up costs, change in operating costs); ii)social costs of ...
Purchase this Solution
Free BrainMass Quizzes
Javscript Basics
Quiz on basics of javascript programming language.
Basic Networking Questions
This quiz consists of some basic networking questions.
Basic Computer Terms
We use many basic terms like bit, pixel in our usual conversations about computers. Are we aware of what these mean? This little quiz is an attempt towards discovering that.
Basic UNIX commands
Use this quiz to check your knowledge of a few common UNIX commands. The quiz covers some of the most essential UNIX commands and their basic usage. If you can pass this quiz then you are clearly on your way to becoming an effective UNIX command line user.
C++ Operators
This quiz tests a student's knowledge about C++ operators.