Hedging is the process in which derivatives are used to reduce risk exposure.
<h3>What is hedging?</h3>
Hedging is a strategy that is used to limit risks attached to financial assets.
It is management strategy requires buying or selling an investment to potentially reduce the risk of adverse changes in price.
Therefore, the process in which derivatives are used to reduce risk exposure is hedging.
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The calendar that is used for secular purposes in the industrial world today is the <u>Gregorian calendar</u>.
<h3>What is the Gregorian calendar?</h3>
This most common calendar is also called New Style calendar which uses the solar dating system and now in general use. The Gregorian calendar was proclaimed in 1582 by Pope Gregory XIII as a reform of the Julian calendar.
In this calendar, the solar year comprised 365 1/4 days and the intercalation of a “leap day” every four years was intended to maintain correspondence between the calendar and the seasons. Also, there is a slight inaccuracy in the measurement which caused the calendar dates of the seasons to regress almost one day per century.
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1. Its a painting. Produced in 1823. Audience I'm guessing workers
2. Well it looks like they're building a road so id say we were affected greatly because we use roads as major source of transportation
Hope this helps
Answer:
What are the 3 ways of cultural change?
Image result for explain three ways of cultural change in Ghana
A recent study conducted by Korn Ferry Institute revealed that there are 6 major catalysts for culture change:
A new CEO.
A merger or acquisition.
A spin-off from a parent company.
Changing customer requirements.
A disruptive change in the market the company serves.
Globalization.
Explanation: