Question

In: Economics

Describe the types of risk associated with Case 1- Hog Farming. Rank order the risks and...

Describe the types of risk associated with Case 1- Hog Farming. Rank order the risks and give a rationale for your ranking.

Solutions

Expert Solution

Health risk:The waste then reaches towns, resulting in civilians not being able to leave their house in order to avoid pig waste filled air. People living in nearby towns have suffered a variety of adverse health effects including respiratory diseases, infections, increased risk of cancer, and other health risks.The main direct environmental impact of hog production is related to the manure produced.High-density pig production can release excessive amounts of nitrogen and phosphorus into the environment, and the high doses of copper and zinc fed to pigs to promote growth eventually accumulate in the soil.domestic pigs are not dangerous, but they can bite, since they are natural foragers. And they can be especially dangerous if you try to hog-tie them or round them up in any. But domestic pigs are just like any other domestic animal that can be trained.

environmental risk:They cause damage to the environment through wallowing, rooting for food and selective feeding. They destroy crops and pasture, as well as habitat for native plants and animals. They spread environmental weeds and could spread exotic diseases should there be an outbreak.Hog waste can contaminate ground and surface water reserves through runoff, leaching and rupturing of storage facilities. High quantities of nitrates and phosphates, from both animal waste and fertilizers used to grow feed, can also contaminate rivers and streams.


Related Solutions

What are the main types of risk and to what extent candiversification reduce risks associated...
What are the main types of risk and to what extent can diversification reduce risks associated with stock portfolios?
describe “divorce as a risk for children.” How does their review of the risks associated with...
describe “divorce as a risk for children.” How does their review of the risks associated with divorce illustrate both selection and causal effects of divorce on children’s outcomes?
What are the main types of risk and to what extent can diversification reduce risks associated...
What are the main types of risk and to what extent can diversification reduce risks associated with stock portfolios?
What are the main types of risk and to what extent can diversification reduce risks associated with stock portfolios?
What are the main types of risk and to what extent can diversification reduce risks associated with stock portfolios?
Describe and explain all types of risk in financial market? What risks exist in the bond...
Describe and explain all types of risk in financial market? What risks exist in the bond and share markets? and how these risks affect the bond and share market?
Explain the risks associated with investing in Corporate Bonds, are they the same risk as for...
Explain the risks associated with investing in Corporate Bonds, are they the same risk as for Government Bonds? Why does a bond’s face or par value differ from its market value? Why is the Required Return such an important concept in finance? Explain the efficient markets hypothesis and why it is important to share prices Describe what is meant by systematic risk and unsystematic risk. How is this distinction related to an investment’s beta? Estimate an investor’s required rate of...
Please list and describe types of preventive measures (risk prevention methods) against financial risks.
Please list and describe types of preventive measures (risk prevention methods) against financial risks.
Describe the following four types of lists: 1) Master Risks List 2) Risks by Services List...
Describe the following four types of lists: 1) Master Risks List 2) Risks by Services List 3) Top Risks List 4) Retired Risks List
Describe two risks associated with using visualizations as part of ADA.
Describe two risks associated with using visualizations as part of ADA.
Describe the specific risks, benefits, and internal controls associated with IT functions.
Describe the specific risks, benefits, and internal controls associated with IT functions.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT