How to Enable Instagram Shoppable Posts for WooCommerce

Youve most likely seen them while scrolling through dog, family, and travel pictures on Instagram. Its the business side of Instagram that allows eCommerce stores to sell products directly through the popular social platform. Were talking about Instagram shoppable posts.In this post, youll learn a little bit more about how these posts work, as well as how to set up Instagram shoppable posts and use them with WooCommerce. Then, little dots show up and ask you to click and view the product being showcased in the image.If you do so, you get to see product information and links to those items in the image.Lets say I really like the pair of shoes in that picture and would like to buy them for my girlfriend. In that case, Instagram shoppable posts let me see a full product page   then I can click through to purchase the item on the companys website.The idea is to capitalize on the fact that people like to browse through and purchase items on social media. If youre running an online store , the Instagram shoppable posts feature is not only free but possibly a great revenue source.Eligibility requirements for Instagram shoppable postsAs with many social networks, youll have to adhere to some rules. Shoppable posts are no different.To be eligible for the  Shopping on Instagram  feature, you need an  Instagram business account.  This requires approval, and certain countries are currently excluded.You must abide by the Instagram commerce policies and merchant agreement.You need to have a Facebook page.You need an Instagram Business page.You can only sell physical goods on Instagram.You must make a Facebook catalog and link it to Instagram.There are also plenty of other rules in the commerce policies and merchant agreement. For instance, I found out in a test run that Instagram doesnt allow shoppable posts if your Instagram page doesnt have much activity. Having said that, most businesses should have no problem configuring shoppable posts if you have a running sto re, Facebook page, and Instagram Business account.How to enable Instagram shoppable posts for WooCommerceWere assuming that your WooCommerce store is already configured and stocked with some physical items (you cant sell digital items through Instagram shoppable posts). If youd like assistance setting up WooCommerce, view our guide on it here. WooCommerce also has a setup wizard after you install it on WordPress.1. Make a Facebook page and launch a catalogFacebook is required in order to sell on Instagram, so you need to either generate a Facebook page or make sure your current one is ready to launch.Click here to create a Facebook page.Walk through the steps provided by Facebook. You have the option to completely skip your page setup, but we recommend filling in everything such as the profile picture, business description, and hours if you also run a physical store.  Your Facebook store appears a lot less reputable when its not completed.Once the page is ready, go to the Facebook Catalog Manager page.Click on the Create Catalog button.Well assume your business is eCommerce, but feel free to select a different type of business if youd like.Click the Next button.The next page reveals an option to upload your product info manually. But were more interested in linking a WooCommerce site. Click on the button that reads Connect E-Commerce Platform:Scroll down to click on the WooCommerce logo. Make sure you also have the right owner of the catalog selected.Click on the Finish Set-up button.2. Connect your WooCommerce accountThe Facebook Pixel Extension is a required upload into your WooCommerce account. This links the two accounts and makes product syncing possible.Click on the Download button to get your Facebook Pixel Extension. Select the Continue button when completed.Facebook provides a short tutorial on what to do next.Youre just uploading a plugin, so go to Plugins Add New in your WordPress dashboard. Then, upload and install the plugin you recently downlo aded from Facebook.3. Add products to your new catalogGo back to the Catalog Manager you started at before in the Facebook interface.Click on the catalog youd like to use.Add products manually by clicking on the button to the right.Alternatively, you could download and install the Facebook WooCommerce extension to add a larger collection of products.4. Get an approved Instagram Business profileOpen the Instagram mobile app. If you dont have an account, create one by completing the following steps:Click on the Sign Up button.Type in your email address or use your Facebook account to register.Once in Instagram, go to Settings Switch to Business Profile.After that, youre able to fill in business profile information like your address and phone number.Note: If you already have a personal Instagram account, feel free to convert that to a business account. Its the same process as the third step above go to Settings Switch to Business Account.5. Connect Facebook and InstagramThe Instagra m Business profile needs to be linked to your Facebook catalog. How do we go about doing this?Since the Facebook Catalog has already been created, go to that catalog.Select the Settings tab.Scroll down to locate the area that asks you to connect Instagram Business profiles. Click Manage Profiles.This is where a list of your connected Instagram accounts comes up. If your page is already on the list, try to link the two accounts. If not, log in to your Instagram Business page.In the event of the Instagram page not yet being a Business profile, youll see the following message. Make sure to walk through those steps.In the event that your account isnt eligible for Instagram shoppable posts, youll see an error and the reason for the problem. For instance, this first account I tried to link doesnt have enough activity on the page.If all goes well, Instagram should approve your request within the day.Then, youll receive a push notification that says You have been approved to tag products.6. Activate product tagging in InstagramAlthough Facebook and Instagram and WooCommerce are now all connected, you still need to let Instagram now that you want to tag products (or activate Instagram shoppable posts).After you get the approval push notification, click on it to go to your profile.Find the message on your page that looks like the screenshot below. Click on the Get Started button.This brings you to the Shopping section in Instagram. You can also navigate to this page yourself.Select the Products option and choose the catalog you would like to link. Click on the Done button once complete.How to tag your productsNow the fun part! Its time to tag your products in whatever images you plan on posting.Begin the process by creating a regular Instagram post like you normally would. If youve never done this before, click on the + button in the bottom middle of your screen.Find the picture you like in your library or take a photo right in your Instagram app.Once you have the photo , click Next, then choose a filter if youd like to add one. Click Next again.This page is where you decide on the Instagram shoppable posts. You can write a caption and tag some people, but right under that, youll see a new button listed as Tag Products. Click on that to reveal a list of items in your catalog. Choose the items that make the most sense for the image and make sure the tags are in the right locations on the image.After finding the product, choose a place on the image to tag. Click on that spot, then hit Done.You can drag to move the tag or even tap it to completely remove it from the image.Once the photo is posted, it will have the wonderful Instagram shoppable posts feature weve learned to love.Tip: You may have noticed that some of your favorite brands have Shop tabs with all of their listings organized into one section. This only appears after youve listed at least nine Instagram shoppable posts.Are you ready to start creating Instagram shoppable posts?The main par t of this tutorial that gets a little tricky is making a Facebook Business account and linking that catalog to your Instagram account. You may find that it ends up connecting to your personal account and not your business account, or maybe you have no experience with the confusing Facebook Ads interface.Whatever happens, walk through these steps one-by-one and Im sure youll eventually find just how easy it is to manage and share Instagram shoppable posts. 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Personal Essay essays

Personal Essay essays My life has been influenced by many people but the most influential person in my life has to be the rapper, Slug, In atmosphere. He has had a large influence on my thought and my views on this earth. His lyrics have changed my thinking and realization of what life is really about. Slug has many meaningful songs that have made me think a lot about what my life is really about. The song called Vampires taught me about letting things go and not getting hung up on stupid and non-meaningful things. It makes me thing twice Before worrying about irrelevant things in my life that has no large meaning to me and it also helped me find that im not the only person in this world that has problems and that there are other people in this world in the same position that I am, it make me feel comforted and not alone which helps a lot in my confidence. Also, Another song by Slug Called Saves The Day The quote, But Im alive so I should be content, Then tell why the hell my whole world is bent Makes me feel that I should be grateful for what I have and be content with what I am given. With this quote it made me stop and think before I complain about anything that I have and whatever I am given I should be happy with it and take it for granted. It made me also realize that no on e has a terrible life there all good its just some people are more fortunate which we should be happy for but also we should be happy with what god gives us to work with. Slug is a major influence on the thoughts of my life and he has changed me in ways most people couldnt even fathom of doing. Also, Slugs lyrics in many songs have to do with relationships and love, and the wrong and the right of them. In A song Fuck You Lucy He talks about a defective relationship between himself and an ex-girlfriend which shows me that not all relationships are going to be good. I Wanna say fuck you Lucy cause I still lov ...

Social Engineering Essay Example | Topics and Well Written Essays - 3000 words

Social Engineering - Essay Example The term â€Å"social engineering† was coined by Kevin Mitnick, a hacker who spent many years in federal prison for nefarious activities, then became a highly sought-after computer expert, writing books and other journals. (Mitnick, 2002, p. x). The basics of social engineering are simple – a criminal will use psychological and other low-tech techniques to get what he wants, and what he wants is to hack into the secure databases of these companies to steal trade secrets to give to competitors, or other valuable and confidential information. Some of these techniques include â€Å"dumpster diving† to get information about a company that he wants to exploit; impersonating colleagues, management or IT professionals on the telephone to get information that he needs, such as passwords and passcodes; befriending employees; and getting a job a the corporation to get all the information he needs. Social engineers are a huge threat to all corporations, because what they do seems so innocuous. They also are able to exploit very basic mistakes, such as the fact that employees do not always shred sensitive documents, and think nothing of throwing away calendars, employee handbooks, and corporate phone books, all of which are gold-mines to the social engineers who are looking for information to get their foot in the door of a large corporation. And they do a lot of damage. In one study, people using social engineering techniques were able to steal $1 billion of information in one day! One of the new scams involves live â€Å"support† personnel. (Claburn, 2010, p. 1). In this scam, an individual gets a pop-up or other advertisement stating that their computer has been infected with a virus, and that they need to purchase a certain program called Live PC Care to remedy this problem. If the individual is reluctant to buy this Live PC Care program, then they can click on a box to talk with live personnel. What this

Industrial Grinders' Case Study Example | Topics and Well Written Essays - 1000 words

Industrial Grinders' - Case Study Example Problem Statement & Analysis of Key Issues/Root Causes Industrial Grinders’ initial problem is the introduction of plastic ring, a surrogate for the steel rings effective in certain machines by the French firm Henri Poulenc. The merchandise is used for the same purpose the steel ring does, which Industrial Grinders manufactures. In analyzing the key issues and root causes, the plastic ring was new to the market and sold at a lower price than the steel ring. The plastic ring is 4 times the wearing characteristics of the steel ring that fully devastate the demand for the steel ring. Lawrence Bridgeman, the overall manager of the German plant had done a research and found out that the problem stemmed from I.G.’s large capacity of steel rings in hand, and the considerable inventory of exceptional steel for their manufacture. In analyzing the key issues and root causes after a thorough survey by Bridgeman, the problem was that the special steel could not be sold even for scr ap and the total book value of these inventories exceeded $93,000 (Industrial Grinders & Machining, 2012). In analyzing the key issues and root causes, Industrial Grinders Company faced a competitive nature in the line of the product it was manufacturing. Competition had become fairly strong with the idea of Japan’s industries producing low-priced spare parts that successfully entered into the global business (Industrial Grinders & Machining, 2012). Many companies had also established themselves and were producing low-quality and low-priced machines that attracted many clients across the globe. Industrial Grinders lost many clients who decided to try the cheap merchandise that had low price. Tests conducted by Ericsson and Greiner showed a critical problem faced by Industrial Grinders. In analyzing the key issues and root causes, the problem was the plastic ring produced by the French plant that had 4 times the wearing properties of the steel ring. The challenge faced by Indu strial Grinders is that it would fully devastate the demand for the steel ring in the international market, hence reducing the profits achieved annually. The production and selling rate of the steel ring will go down drastically because the plastic rings and the industry will find it difficult to operate in its full capacity and 15100 finished rings would be left on hand by the mid year. Action Plan & Alternative Courses of Action Plans and Their Associated Consequences I critically think Industrial Grinders’ alternative courses of action and their associated consequences should initiate from the management and employees efforts. They should be ready to find quick and workable solutions to their problems to become effective in their line of business (Industrial Grinders & Machining, 2012). Firstly, I.G’s initial action plan is advertising their steel rings effectively to the consumer by stating the significance and advantages of it. It should use the media and any othe r accessible means to reach out to clients and promote their merchandise effectively. Industrial Grinders’ management should not hesitate to release funds for the advertisement purpose and the department concerned should initiate the action plan. The associated consequence for this plan is that Industrial Grinders Company will be known and recognized by potential clients. These

Aviation Business Assignment Example | Topics and Well Written Essays - 3000 words

Aviation Business - Assignment Example Let us estimate the business cost for this charter company to run Cessna 172 twice a month as mentioned earlier is as follows: Total business cost includes fixed cost, running costs or operational costs and landing and overnight tie down costs. Cost of running the aircraft: Fuel required for running this charter flight is its main component: $ 1500 per one hour 2 Total flying hours in a month: For southern side: (2+3) x 2 = 10 hours For northern side : (2+2+2) x 2 = 12 hours Total flying hours = 10 + 12 = 22 hours Additional flying hours to be considered / month = 10 hours Total flying hours = 12 + 22 + 10 = 44 hours Therefore the total cost accounts to $66000 / month. The total cost per one year = $792000 (Fig 1) Lease costs for aircraft : Aircraft was purchased with 25 % residual cost of flight ($259,500) for 5 years: $64750 Lease cost for one year = $12950 Lease cost for one month = $ 1079 Fixed costs (This is the daily cost of running a business ie. Rent, ------------------------------------------------------------------- 2: Jagson Airlines. 2009. Charter services. Charter rules, terms and conditions. Rates : flying hours. http://www.jagsonairline.com/charter_services.htm. employee wages: It includes the charges for the pilot : Chief pilot is the only one person employed here. His salary component (including the benefit of super annuation) is $60,000 (Fig 2). For additional assisting staff (including the benefit of super annuation) : $25,000 Costs incurred on equipment, insurance, Air operators certificate, test approvals, Pilots annual checks and renewals = $ 10,000. Lease for the office building : $60,000 (Fig 3) Landing and overnight tie down charges for the airfield per year : $24,000 (Fig 4) Detailed description of... The charter aircraft will fly from Groote Eylandt (NT) to southern side in one fortnight and will return to Groote Eylandt (NT) and again from the same place it flies to northern side. Therefore in a month, it has to travel once in southern direction i.e. from Groote Eylandt to: Each time, it has to carry two medical staff and 40 kg medical accessories. All the basic principles of aviation including weather preparedness have to be kept in mind while planning the route plan (Parma, 1999). The net profit calculated by the company is $ 705650 which has been added to all the costs of running aircraft and accordingly annual tender amount of $ 1689600 per year and $140800 per month has been finalized. For successful flying with out any legal complications and for ensuring security norms of the respective nation, Cessna aircraft has to follow the aviation rules and regulations very strictly (Bruckert and Roud, 2007). The federal aviation regulations have to be followed very strictly while carrying out the aviation. The congestion management of aircrafts is essential along with the implementation of emission standards of aircrafts according to the federal regulations3.

Climate Change Effects On Water Resources Environmental Sciences Essay

Climate Change Effects On Water Resources Environmental Sciences Essay The last two decades climate change is increasing due to the change of human activity such as cars, planes, factorys and other sources we use that adds greenhouse gases to the atmosphere. Because of these human causes the earth is heating up. One effect that climate change has is the effect the change will have upon human water freshwater resources. I believe that climate change will have an effect on human water resources because of the close connections with the hydrological cycle, the raising temperature will increase in floods and droughts that will lead to the demand on more freshwater resources. Climate change has close connections with the hydrological cycle. The hydrological cycle is located in the earths hydrosphere this is the area in around earth which holds all the water. The water is moved around the earths hydrosphere in a cycle. The hydrological cycle is moved in five different steps evaporation, precipitation, condensation, runoff, collection and infiltration. The as you can see in Figure 1 the hydrologival cycle all starts of with evaporation this is the change of liquid water to water vapour. The next step is condensation this is the process of changing water vapour, from a liquid and then to form clouds as you can see from the clouds in figure 1. This process can be notice for example when you look out for dew on the ground in the morning. As the clouds you see in the sky move around earth spreading the water vapour from place to place. The clouds become over loaded with moisture so they have to release the overloaded moisture. They release the moisture by a pr ocess called by precipitation which is usually rain, hail or snow. Infiltration occurs they when all the precipitations lay on the ground. If there is to much precipitation on the ground this becomes runoff. Runoff stays on the earth ground and runs into streams, rivers, lakes and oceans. So when the precipitation run into the these streams, rivers, lakes and oceans this process is called collection. As infiltration, runoff and collection are being processed, the sun is causing a the cycle to return back to the begaining of the cycle to the process called evaporation.Sunlight heats up the liquid in streams, rivers, lakes and oceans. The warm air rises upwards into the atmosphere and becomes the vapour involved in condensation. Without this process life on earth would be impossible. Freshwater that we use in or day to day lifes usually comes from Aquifer, Streams, Rivers, Lakes. Aquifer are constructed when rocks of the upper part of the earths crust contain holes or pores. Theses holes are big or joined together so that water can flow through them easily. This is a part of rock that is easy for water to pass through known as permeable. Streams usually get most of its water from runoff, rain and melting snow. A stream is formed when the rain and melting snow met at the same place and get into a line of channel. Streams usely flows into lakes, rivers, aquifer and seas. Rivers are a natural stream of freshwater resource. Water within the river is generally collected from precipitation through surface runoff, groundwater recharge, springs and the release of stored water in ice and melting glaciers. Lakes are usually filled with deep freshwater or salt water. Lakes are inland usly on mountains areas and are not part of the Ocean. They are filled by rivers or streams that connect to them. Some Lakes can be man made and are constructed for industrial or agricultur al use and even for hydro- electric power or domestic water supply. Water is one of the most importent inputs the human body needs for us humans to cope with everyday life . We need it for so many things e.g. health, growing food, irrigation, industry. Despite the importance of Freshwater Resources decreasing, we are beginning to take the freshwater resources for granted. Most of the freshwater we use is wasted and polluted. Because the hydrological cycle temperature is rising it will lead to a change in the horological cycle, This will have an impact on the weather. The dry seasons will become alot more dryer and the wet seasons will become alot more wetter. Leaving us with more floods and droughts. This change will therefore will impart the availability and quality of water. Some of the countries on this earth already have a hard enouch time getting water because of increaseing industrial pollution and population growth. Climate change just adds to the problem to the quality of water, which in some parts of the world the reduce rainfall and rising temperatures decrease the freshwater. By the year 2025 most of humans living in countries with poor water quality levels will increase from approximately 34 percent (in 1995) to 63 percent.R K Pachauri (2005) The change in accessing water stressed areas will have a potential conflict. As there will be a pressured demand on freshwater because of household, agricultural and industrial uses. These conflicts will occur in water stressed areas fighting against areas of natural springs and rivers as well as this it will lead to conflict on boundary areas for example the region of Northern Kenya and the Samburu is having to cope with the changing patterns of rainfall and dry periods which with other pressures on the natural resources are leading to increasing conflict among tribal groups over access to scarce water.Smith (2006) 2 Discussion Most of the earth has 70% of ocean. While just 30% of the earth is land. Around 84% of the worlds population is living on dry land. Humans are trying to fix this by reconstruction the hydrological cycle system by building dams and creating waste water treatment plants etc. These elements will provide water for agriculture, household, Industrial, environmental and other uses. But these changes will also lead to some defects in years to come. India is one of the most effected by climate change. The snow ice caps of the Himalayas is experienceing less snow because of snow melt. The glaciers is melting and there is signs of increase flooding. The increasing rising temperatures is starting to dry up the rivers. The Himalayas holds the largest amount ice on the earth. Researchers have figure out that there is a strong combination between snow and the temperature. In recent years the Himalayas have experienced warm periods in the years between 1960- 1990, causing a reduction in snow fall. Glaciers has been watched by researchers in the the past years. The United Nations climate report predicts by 2035 some Himalayan glaciers will disappear with the rising temperatures. Because of the glaciers melting the melting ice will run off into rivers such as the Indus, Ganges and Brahmaputra rivers and some tributaries coming from the Himalayan ice field. This will cause flooding to riverside cites e.g. Varanasi, Kanpur and Patna. These citys have a population of millions and have already experience floods during high monsoon season and it will be ongoing. Flooding will also cause interruption for the farming areas in northern parts of India and cause damage to the roads and rail way line. The dams such as the dams in Kosi ans Sutlej could over flow causing more destruction to cornfields and settlements. When the point of no ice is reached by 2035 the ice melting will have either stopped because of a solution to climate change or be dried up because of the continued temperature rising. If the ice does start to minimise the river will become weaker and dryer during the monsoon mouths and summer. As the earths temperatures rises from about 14 degrees C based in 2000 to a estimated 19 degrees C in 2100 the following effects will be cause by the increase; Agricultural, Household, Industrial, Environmental and health sea levels will rise to an estimated 3.9 in to estimated 35 by 2100. Some parts of the coastal cites around India e.g. Mumbai, Chennai, Kolkata and other parts of the world will be underwater. Even most of the island around India will be covered in water. The island of Lohachara is the first island in the world to be covered in water due to climate change. The island is located on the southern edge of the Ganges delta in the bay of Bengal. Its 10,000 residents became the first refugees created because of climate change. There is a group of 27 island called Lakhadweep around the Arabian sea off the coast of south Indian state Kraal. They have a population of about 61,000 people living on them. The low lying islands are in huge danger of being covered in water as well. India is one of the world biggest countrys that effects the greenhouse effect. With the increased temperatures they will create a increase in precipitation. Rising the process of evaporation resulting from warmer sea temperatures in the Indian ocean and Arabian Sea will increase that destroy process around the west Indian Rajasthan Desert As well as the water resources being shorten because of climate change there is also another problem and that is that usually boundary countries sometime share the same water resource. There is some indentation that there has been conflict over freshwater shared by two or more countries. Freshwater is very important to all the worlds Humans activity, including the Agricultural, Household, Industrial and Environmental. But bad management and the impact of climate change can lead to tensions between different countries. For some years the counties such as India and Bangladesh have encountered conflict on river resources. It all started In 1993 when India and Bangladesh came under pressure when the Ganges River started to reach its record lows. Because the water level was low it affected Bangladesh agricultural and killed most of its crops. In October 1995, The Prime Minister of Bangladesh addressed the United Nations(UN) .The prime minister called India ¿Ã‚ ½s share of river water resources  ¿Ã‚ ½a gross violation of human rights and justice. ¿Ã‚ ½ India ¿Ã‚ ½s establishment of the Farrakka Barrage which is a barrage built near the border of Bangladesh. The barrage was build was to separate water for the Calcutta port. But Bangladesh says that because of this separation it has resulted in falling water tables and greater water resources for Bangladesh. India has a different view of the issue. Indian leaders says that Bangladesh was wrong in describing this issue. Bangladesh has asked India for a  ¿Ã‚ ½minimum guarantee ¿Ã‚ ½ agreement which will give Bangladesh a minimum flow of water. In 1996 India and Bangladesh agreed in the agreement then the  ¿Ã‚ ½Treaty on the Sharing of the Waters of the Gang ¿Ã‚ ½ was signed. Some political leader were unhappy about the agreement. But it was accepted my most political leaders. Since the treaty Bangladesh continues to have a number of problems. Some of the agreements that was agreed in the treaty have not been met. How are we going to fix this problem is the question we need to ask ourselfs I can see from my research that some efforts are being made to improve management in freshwater resources. Different organiseions have been developed to help the mather of climate change for example, the United Nation(UN) have organised the first water conference to take place in 1977 and developed an action plan to take action on the improved management and development of water resources and the UN designated 2003 as the international year of freshwater resources. The mission of the organision is to increase awareness of the importance of freshwater use, management and protection, provide an opportunity to change the implementation of the principles of integrated water resources management, use the year as a platform for promoting existing activity and spearheading new initiatives in water resources at the international, regional and national levels, and Launch the world water development report at the thir d world water forum in Kyoto. The World Summit on Sustainable Development(WSSD) 2002 has emphasised on the development of an integrated water resources management and water efficiency plan.DEVELOPMENT (2003). Global Water Partnership(GWP) Is a network of agencies and intuitions to promote  ¿Ã‚ ½integrated water resource management ¿Ã‚ ½ in developing countries. It facilitates the exchange of knowledge, experience and practise related to water resources management.Partnerships (2010). World Water Council(WWC) is an international think-tank for water issues. It objective is to  ¿Ã‚ ½increase advocacy for improved water resources management ¿Ã‚ ½. WWC has been organising the World Water Forum(WWF) bi-annually. The 3rd Forum was held in Japan in march 2003.Council (2010). European Water Association Act as a focal point for the exchange of information related to water and water activities.Association (2010) 3 Conclusion I can conclude that because of climate change and the hydrological cycle it is having a slight long term effect on human water resources. I can see that it has close connections with the hydrological cycle. Because of this it will increases flooding, create dry lands and encounter conflict within countries. More acceleration to the hydrological cycle may result in more severe weather and extreme conditions.Anne E. Egger (2003) If we dont address this issue there will be further more problems in the future and lead to even more droughts and flooding. According to the Comprehensive Assessment Of Water Manage in Agriculture, one in three people are already facing water shortages(2007). Almost one-fifth of the world ¿Ã‚ ½s population, live in areas of physical scarcity. Climate change has a close connection between hydrological cycle. Rising temperatures will increase the changing liquid to vapour and lead to the increases in rainfall and snowfall. Because of this the overall supply of freshwater resources will increase, Droughts and floods will happen more frequently and changes in snowfall and snow melt are expected in mountainous areas more frequently. Reading about climate change has made me release that we take our freshwater for granted and dont think about what will happen if we lose the freshwater. Will we have to introduce water charges maintain better water systems.

Risk Management Essay -- Investment Business Risk

What is risk? "Simply put, risk is uncertainty. The more risk you take, the more you stand to lose or gain. You cannot expect high returns without taking substantial risks." Tossing a dice, is at basic level a risky endeavor. The outcomes are thrown open to uncertainty. You take risk everytime you act, from crossing the street; to buying a stock. Generally when people talk about risk, they focus on financial risk. In terms of finance, it is the risk that a company or individual could lose some or all of the original investment, possibly resulting in inadequate cash flow to meet financial obligations. The concept of risk is not a simple concept in finance. You cannot make wise investments without first considering risk. To be successful, every investor must be able to identify and understand the types of risk they face across their entire portfolio. Measuring risk is just as important as measuring returns. In the financial world, risk is often expressed as volatility of returns. Volatility measures how variable outcomes are likely to be. Standard deviation is a general statistical measure of volatility. It measures historical variability of returns from their mean. A higher standard deviation implies more variable and uncertain returns. Measuring risk on a portfolio basis shows how well diversified your investments are, where the largest gains and losses are likely to be conc... ...my is in recession, and on what grounds? What actually constitutes a recession, anyway? When a nation's economy enters a recession, is life guaranteed to get harder for most of its citizens?" (http://www.howstuffworks.com/recession.htm) How do you know when you're taking too much risk? Or not enough? Risk is a natural part of this world, and indeed, risk can present great opportunities for those who understand and know how to manage it. Advances in risk management theory have had a tremendous impact on global economic development. Now we have powerful ways to analyze risks and make stable decisions about the future. We can identify and measure different types of risk, and decide which ones to take and which ones to avoid.