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 domestic cat's sense of smell is about fourteen times as strong as humans'. Cats have twice as many receptors in the olfactory epithelium (i.e. smell-sensitive cells in their noses) as people do, meaning that cats have a more acute sense of smell than humans. Cats also have a scent organ in the roof of their mouths called the vomeronasal (or Jacobson's) organ.