An incident usually considered as a 'type 1' if it possess huge threats for the lives of many people and could create a huge cost for the government in terms of property damage (Example of this would be huge wild fire, hurricane , massive flood, etc)

To handle type 1 incident, Government tend to utilize a groups of federally certified teams to handle the operation. (with much more training experience compared to local team). These federally certified teams will have access to large number of national resources with all Command and General Staff positions are activated,

6 0

3 years ago

Please help, my brain is broken.

max2010maxim [7]

An example of a trade-off that an investor faces is risk.

<h3>What is a trade-off?</h3>

This refers to a situation where a choice means losing another option or forgoing a benefit or opportunity for another

The typical investor's trade-off includes risk, return and liquidity on an investment.

Therefore, a typical example of a trade-off that an investor faces is risk on a investment.