RMIN 317 Lecture Notes - Lecture 7: Frontera Energy, Vancity, Organic Cotton

• School: University of Calgary
• Department: Risk Management and Insurance
• Course: RMIN 317
• Professor: Anne Elizabeth Kleffner

Document Summary

Metro trains melbourne, an australian train company, recently created an entertaining way to promote rail safety with an animated video entitled dumb ways to die . Increase precautions: compare the cost of increased precautions to the benefit of reduced expected losses. Or reduce the level of risky activity: compare the reduced revenue to reduction in expected losses (benefit) i. e. stop producing samsung galaxy note 7. The company developed a clear fishbowl-like container that shows the pods clearly. What risks do tide pods create: small and chewable , look like candy. Biting into laundry detergent pods can cause serious injury or even death calls to poison control centers about detergent packets increased 17% from 2013 through 2014. Life-threatening problems including cases of children who stopped breathing, went into comas, or suffered cardiac arrest. The packets can also cause vomiting, throat burns and eye injuries.