Solution-Explain methodology of the quantitative analysis

Explain methodology of the quantitative analysis model

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The Transportwriter.com corporation owns four corporate aircraft of various sizes which they use to transport executives to various company locations, and as well as documents and small freight between the company headquarters and its production facilities. What type of carrier is Transportwriter?

Most methods of assessing risks use some measure of event probabilities and the resultant impact to the organization. Risk analysis can be performed using both qualitative methods and quantitative methods to determine the probability of events happening and the resultant impact to the organization.

1. Explain the methodology of the quantitative analysis model with examples.

2. Explain the methodology of the qualitative analysis model with examples.

3. Explain when it is most appropriate for an organization to use each method.

Reference no: EM133408412

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Explain methodology of the quantitative analysis model

Reference no: EM133408412

Reference no: EM133408412

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