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.
Smell. The nose is the organ responsible for the sense of smell. The cavity of the nose is lined with mucous membranes that have smell receptors connected to the olfactory nerve. The smells themselves consist of vapors of various substances.ristotle (384 BC - 322 BC) is credited with the traditional classification of the five sense organs: sight, smell, taste, touch, and hearing. As far back as the 1760's, the famous philosopher Immanuel Kant proposed that our knowledge of the outside world depends on our modes of perception.