Should organisations avoid all risk when making decisions

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Reference no: EM133159207 , Length: word count:600

You need to provide a 300 word response to the discussion question each week (Weeks 2-5) and 2x 100 words for each response to your peers' responses.

Discussion Question: 01 (300 words)
This weeks module encompasses the issue of risk in decision-making and in particular the potential for catastrophic outcomes to be considered in the decision making process. However, the avoidance of risk in decisions may also have consequences for the organisation.

Should organisations avoid all risk when making decisions? Explain and justify your answer with examples.

Discussion Question: 02 (300 words)

The material on decision-making in Module D suggests even good leaders can make bad decisions.

Thinking about the contrary situation, is it possible for bad leaders to make good decisions? Discuss

Reference no: EM133159207

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