Discuss how risks can be measured

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

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