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Essay from the year 2011 in the subject Sociology - Methodology and Methods, language: English, abstract: The given question argues that there are two approaches to risk assessment and analysis, quantitative and qualitative, and asks why regulators generally rely on quantitative risk assessment and analysis. The essay examines the question by considering first what is meant by the terms risk, risk assessment and analysis, regulators and quantitative/qualitative approach to risk assessment and analysis. With reference to the latter terms, the essay then focuses on the analysis of advantages...

Essay from the year 2013 in the subject Sociology - Methodology and Methods, language: English, abstract: Crises have become more numerous, visible and calamitous and organisations have no choice but to accept them as an inescapable reality that must be factored into their planning and decision making. Crises pose challenges any organization can face, and many fail to respond. Wise organizations prepare for crises, knowing that it will befall them. Events leading to a crisis can be manifold. Some appear suddenly, others offer considerable warning, providing early-warning indicators are...

Essay from the year 2013 in the subject Sociology - Miscellaneous, course: Risk, Crisis and Disaster Management, language: English, abstract: Disasters have adversely affected humans since the dawn of their existence. If we look on the past as a model for what we might expect to see in the future, we find that severe events that wreaked havoc on human communities and inflicted high levels of mortality were surprisingly frequent and widespread. Disasters can be caused either by nature, e.g. earthquakes and tsunamis, or can be man-made, e.g. terror attacks and severe industrial accidents. The...

Essay from the year 2013 in the subject Sociology - Methodology and Methods, language: English, abstract: When crisis looms or disaster strikes, adverse effects that affect a community or a nation are likely to emerge. To reverse these adverse effects to health, safety and property and restore the community back to routine functioning a swift and unencumbered response is required. Few would doubt that especially in times of crisis and disaster, central government is responsible for protection of life and property, and has a duty to provide for the protection of its citizens. However, O'Leary...

Essay from the year 2012 in the subject Sociology - Methodology and Methods, language: English, abstract: Discuss whether the events of 9/11 and beyond presage an era of new terrorism. What problems does this pose in terms of risk management? The given question frames two points for discussion, namely whether the events of 9/11 and beyond presage an era of 'new terrorism' and what problems this poses in terms of risk management. Many regard 9/11 as a watershed moment in the history of terrorism. This viewpoint is critically analysed in this paper. The essay opens with a definition of the main...