User Account

All Pages

How could gm use game theory to identify

Assignment Help Operation Management
Reference no: EM132188287

Chapters 30, 31, and 34 presented three mini-case studies on ERM and risk.

Each one presented a slightly different risk scenario. Suppose General Motors wants to replace one of their traditional lines of vehicles with all electric models.

How could GM use game theory to identify and assess the major risks to this decision?

Identify two major risks that would result from GM converting an existing line to an all-electric line.

Provide a brief discussion of each risk, and your assessment of the levels of inherent, current, and residual risk, using GM's five point scale.

Reference no: EM132188287

Questions Cloud

Assess senior management responsibility for the failure : Assess senior management responsibility for the failure in question. Specify what the senior management could have done differently to avoid the failure.
Describe what prohibition of alcohol in america was : Explain what the Supreme Court about the police use of deadly force, in the Tenn. v. Garner case. Describe what Prohibition of alcohol in America was
Discuss about assessable income : Discuss about assessable income and FBT consequences of the organization
Estimating the capital requirements and the use of capital : Estimate the capital requirements, use of capital, start-up requirements (if applicable), and other probable costs involved in the implementation.
How could gm use game theory to identify : Provide a brief discussion of each risk, and your assessment of the levels of inherent, current, and residual risk, using GM's five point scale.
How membership in one of given organizations benefit you : How would membership in one of these organizations benefit you? Think about what you want to do long-term. Do you want to be a general accountant?
Discuss the role of character and personal integrity : Within the realm of the Star Trek show, Mr. Spock seemed to present continuous questions about the ethics of space travels with his crew.
Discuss what you have learned in the class : Take a moment to reflect on what you've learned in this class. In this discussion, share at least one tool or concept you have learned about in this class.
Discuss the agile project management scheduling : Compare and contrast agile project management (agile PM) and critical chain project management (CCPM) scheduling.

Reviews

Write a Review

Operation Management Questions & Answers

  What measures can banks employ to mitigate credit risks

Why do you think so many banks failed to properly manage risk prior to the financial collapse?

  Will you facilitate a learning environment and organization

The Green Organization Executive Team has meet with you and their Leadership Teams for each group. Will you facilitate a learning environment/organization?

  Restructure compensation of sales force to enhance profit

You are a manager of a Door to Door Vacuum Cleaners, Inc. Each salesperson is paid a base salary plus a percentage of revenue she or he generates. In addition, each salesperson drives his or her car to and from each sales call and is reimbursed $.40 ..

  How different is kaizen from six sigma

Investigate on the internet the method of kaizen (Japanese for "continuous improvement") and the tools that are used in the method. How different is kaizen from Six Sigma?

  Retailers do have legal liability for defective products

Regardless of your response to part a, assume that U.S. retailers do have legal liability for defective products.

  Supplier relationships to create competitive advantage

Modern supply chains depend up finding the best suppliers and developing supplier relationships to create a competitive advantage.

  Balance of a twenty-year-old college student

Find the 95% confidence interval for the true mean checking account balance of a twenty-year-old college student.

  Use three-stage decision model in making your recommendation

Alliances and Networks: Consider the entrepreneurial firm you researched startup costs for. Using the Internet and traditional library resources, research and write a three-page paper (minimum) recommending potential strategic alliances and networks ..

  Focusing on marijuana legalization

How can I write my paper focusing on marijuana legalization in Colorado and the conflict it brings between HR policies and employees,

  How the operations management function has changed

Review the annual reports over the past three years and see how the operations management function has changed.

  How does this differ from the social construction approach

There are number of benefits to approaching OD with a “systems approach.” What are those benefits? How does this differ from the “Social Construction” approach?

  Describe the challenges and benefits for each strategy

Advanced planning and scheduling can be completed at a firm, divisional, or geographical level. Describe the challenges and benefits for each strategy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd