Reference no: EM133587728
Assignment
Scenario: Identify a business that is of interest to you. It can be real or fictitious, but it should be a realistic business. Think of one specific risk that your chosen business could face, and consider how and where you will get data that can be analyzed to address that risk.
Complete the following steps:
Question A. Create a Word document to contain all components of your Unit 6 Assignment. Add a title page and table of contents.
Question B. Write an introduction to your chosen topic. Describe the business that you have chosen, identify the risk you selected, and briefly describe how you expect analytics to help you address that risk. Label this section Introduction.
Question C. Perform a SWOT analysis for your business. Ensure that you have at least one element with a description in each of the four quadrants of a SWOT table. Label this section SWOT Analysis.
Question D. Identify which quadrant of a risk matrix your selected risk would fall into (High Probability/High Impact; High Probability/Low Impact; Low Probability/High Impact; or Low Probability/Low Impact. Provide a rationale explaining why you have classified your chosen risk in the way you did. Label this section Risk Classification.
Question E. Obtain or create a data set that you can use to address your risk. You can use built in data sets in R, data sets from the Internet, or data sets from a company with appropriate permission. It is acceptable to create your own data set if you wish. Keep in mind that you will need to use one of the risk analytics techniques you have learned in this class, so the data you use and the outcome your produce must be aligned with a valid technique "Expected Payoff" Please see attached template. Make a screen capture of a representative sample of your data. Place it in your document and label this section Data.
Question F. Create a model for your data that will allow you to address your selected risk. This will be in Excel for the Expected Payoff as your technique. In your Word document, provide evidence by way of labeled screen captures and written descriptions of your model building. Label this section Modeling.
Question G. For Expected Payoff, document your findings for your audience. In your Word document, provide evidence by way of labeled screen captures and written descriptions of your model application/outcomes. Label this section Outcomes.
Question H. Write a conclusion that summarizes what you did to assess and analyze risk using data. Discuss legal and/or ethical considerations that your chosen business must consider and address in using your risk analytics approach. Label this section Conclusion.
What are analytics and what are different types of analytics
: When we ask questions like, How much data is too much data-to-data mine? What are analytics, and what are the different types of analytics?
|
Four main types of public policy include regulatory policy
: The four main types of public policy include regulatory policy, constituent policy, distributive policy, and redistributive policy.
|
What kind of heredity-environmental correlation does this
: twelve year-old Melissa has been invited by her science teachers to join the school's bot-building team. What kind of heredity-environmental correlation does
|
Why the organization used risk analytics
: You must summarize how and why the organization used risk analytics, citing the source of your information.
|
Create a model for data that will allow you to address risk
: Create a model for your data that will allow you to address your selected risk. This will be in Excel for the Expected Payoff as your technique.
|
Discuss impact of the process to the company
: Discuss the impact of the process to the company. Explain the changes employees need to know.
|
Evaluate the different competing financial objectives
: ACC7032 Managerial Finance, Birmingham City Business School - Evaluate the different competing financial objectives of the firm and the agency problem
|
What would you say in response
: ISSC 452- On your first day on the job as an IT intern, you attend a meeting with several department heads regarding proposed. What would you say in response?
|
How to call balls and strikes during baseball games and swim
: how to call balls and strikes during baseball games and swim, hike, and bike with members of his family. What kind of heredity-environmental correlation does
|