Two examples can be; World Vision International, made to educate and feed children around the world, and The American Red Cross, which often provides humanitarian aid during emergencies or natural disasters.
According to the risk aversion principle, you should take the action that produces the least harm.
It is a phycological concept applied in economics, specially within the field of finance. When facing situations that involve uncertainty, risk aversion consists on choosing the alternative that diminishes it as much as possible. It is a common behaviour when selecting investment opportunities. For example, a risk averse saver will prefer to keep his money in a bank account (low risk low profit), rather than purchasing shares and betting in the stock markets (high risk high profit).
Answer:
Through the matter of efficiency, businesses and organizations have developed ways to make life more convenient for consumers. From fast-food restaurants to online classes, life is much easier than it was 50 years ago. Through efficiency people can have what they want, when they want, and the quickest way possible.
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Answer:
MRCORRECT has answered the question
Explanation:
c. He created the first company for distributing electricity.
Thomas Edison created the first company for distributing electricity.
