BREAKING DOWN 'Risk Management'. Simply put, risk management is a two-step process-determining what risks exist in an investment and then handling those risks in a way best-suited to your investment objectives.Risk management occurs everywhere in the financial world.EFINITION of 'Risk Management'. The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making.
Turkey vultures have an extraordinary sense of smell. They have been known to be able to smell carrion from over a mile away which is very unique in the bird world. The turkey vulture has the largest olfactory (smelling) system of all birds.
The shark's nose may work so well because it doesn't have to do anything else. Sharks use their noses just for smelling. Breathing is accomplished with a shark's gills, and the shark's sense of smell is not connected to its mouth in any way. Sharks often don't know how something is going to taste until they've taken a bite. This is how some people are able to escape from a shark attack -- the shark gets a little nibble of a foot and decides to reject the prey. Can sharks hear as well as they smell? Find out on the next page.