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.
A great white shark, for example, would be able to detect a single drop of blood in an Olympic-size pool. Most sharks can detect blood and animal odors from many miles away. Another amazing thing about a shark's sense of smell is that it's directional. The twin nasal cavities act something like your two ears: Smell coming from the left of the shark will arrive at the left cavity just before it arrives at the right cavity. In this way, a shark can figure out where a smell is coming from and head in that direction. Sharks also have a very acute sense of hearing.