Discuss how risks can be measured

Assignment Help Microeconomics

Reference no: EM133517791

Assignment: Economics

Length: 15 slides.

Details

For this last project, your chief executive officer (CEO) has asked you to present the company's process on making decisions under risks and uncertainty at the annual shareholders' meeting.

Help with this Unit 5 project is in Chapters 15 of Managerial Economics: Foundations of Business Analysis and Strategy.

The presentation on the process on making decisions under risks and uncertainty will cover the following points:

1. Two slides: Explain decisions that the company has made under certainty using primary and secondary data.

2. Two slides: Explain any risky and uncertain decisions that the company plans to address in the next fiscal year.

3. Three slides: Discuss how risks can be measured.

4. Three slides: Explain the rules that can help managers make decisions under uncertainty.

5. Three slides: Explain the expected utility.

6. Two slides: Discuss why management may use the maximum rule.

Reference no: EM133517791

Questions Cloud

How might top management of organization use swot analysis : How might the top management of organization use SWOT analysis or scenario planning to set goals and strategy? Explain and give examples from your experience.

What you plan to accomplish and why it is important : The proposal will address the following three areas: What you plan to accomplish, why it is important, and how you are going to convince your audience.

Explain the utility of your companys product or service : Explain the utility of your company's product or service. Examine the global trade issues that the company may face, including cultural differences.

What types of plans would be needed in an industry : What types of plans would be needed in an industry such as this one? (For instance, long-term or short-term, or both?) Explain why you think these plans would

Discuss how risks can be measured : Explain decisions that the company has made under certainty using primary and secondary data. Discuss how risks can be measured.

Describe a leader you have encountered in life : Describe a leader you have encountered in life who was particularly effective. What made them more than just a manager? What qualities did they possess

Share a tip or fact about research and sources : Review the readings carefully. In one paragraph, share a tip or fact about research and/or about sources that you learned from the readings.

Dispensing the wrong medication to a patient : Dispensing the wrong medication to a patient. Dispensing the correct medication several hours after it was supposed to be dispensed

Which telecommunications and networking components acquire : Which telecommunications and/or networking components should the business acquire and implement to provide secure access to business resources and information?

User Account

All Pages