Analyzing Risk Assignment Example | Topics and Well Written Essays - 1000 words

Analyzing Risk - Assignment Example Serious fluctuations in the exchange rates may raise expenses, diminish profit and hinder smooth financial planning (Holland, 2006). Brazil is one of the emerging markets thus making its currencies to be more sensitive to the market. Brazil has had an independent floating exchange rate hence making the country’s currency volatile. Inflation, liability component and credibility have been the major sources of exchange risk in Brazil thus making the exchange rate volatility higher in the country (Country Risk Analysis Brazil, 2014). Some other challenges that Brazil faces in with their foreign exchange risk are the fact that their import tends to grow faster than the export. This mostly originates from their large hydrocarbon import compared to their exports (Holland, 2006). However, exchange rate risk may not be a major threat in Brazil because of the recent positive developments. The good news is that Brazil’s economy has shown positive growth in the recent past. The Brazilian government has ensured that domestic inflation is decelerated and that interest rates are controlled (Country Risk Analysis Brazil, 2014). These measures have, to a certain extent, led to a stable currency. Foreign exchange risk may make running the new facility expensive hence hindering its success. Brazil is one of the greatest economies in the world. It is the 6th largest economy globally, with a growing active population and resistance to external shocks. However, the country faces many risks as a country including corruption, inefficient public expenditure, high cost of production and incomplete educational system. In 2014, economic growth was not at its best because of decline in household consumption and a high cost of production that affected industrial growth (Country Risk Analysis Brazil, 2014). There is insufficient rainfall experienced in Brazil that has also

Personal ethics development Essay Example | Topics and Well Written Essays - 750 words

Personal ethics development - Essay Example The process of testing rules comprises of its universality i.e. can the rules be universally applied to everyone or it treats people as ends but not the means. Every individual has some of the sources where he or she draws some of the basic principles in life that forms the basis of what is wrong or right behavior. In several instances, the following are some of the major sources of ethics. Childhood upbringing- every person learns ethics from his or her parents through either words or most importantly through their actions. I learned some of the ethics by observing and listening and observing what my parents as I grew up. Life experience- at a later stage in life, some of the events directly and consciously shapes the ethics of an individual. For instance, an individual who was treated unfairly during a road accident may most likely have negative attitude in life towards people who treated him or her unfairly. Religious beliefs- nearly most of the religions in the world teach similar code of ethics that emphasizes on respect for other people’s rights, honest and selflessness. Therefore, whether in business or in business situations, religious people act in a manner that is seen as being ethical A person’s ethics can be displayed in the place of work since an individual and the organization can both affect each other’s actions and behavior. Team leaders have a great impact on their team’s behavior and ethics. A place of work is a good place to learn ethics since employees affect each other’s psychology and moral behavior. Therefore employees act as each other’s source of inspiration Good ethics assist an individual in understanding his or her working environment. It also assists an individual to wheedle with team members both in junior and senior positions in a friendly way. This assists in creating conducive working environment thus increasing the performance level. A