What are the decsions that you need to make

Assignment Help Business Management

Reference no: EM133711426

Problem

A Thai company offers you a job as part of a team tasked with winning a contract for highspeed rail construnction. They will pay you $20K per month for 24 months (2 years, $480,000.00) to work for them. As an insentive, the company will allow you to gamble $50,000 of your salary on winning the contract -- if you win, you get double (2 x $50K), if you lose, you lose $50K. You feel you have a 55% chance of winning. You are currently employed at a different company, where you make $200K/year. Moving to Thailand will cost you $10K,

1. What are the DECSIONS that you need to make?
2. Build a decision tree that takes all the aspects of the story above into account.
3. What is the best course of action?

Reference no: EM133711426

Questions Cloud

How a sport organization engages with the outside market : Includes important financial responsibility in a sport business position with a focus on how a sport organization engages with the outside market.

Which criteria is demonstrated as met by the research : Research findings showed that within a month the public sale of drug in that 4-block area came to an end. Which criteria is demonstrated as met by the research?

Compare the messages and visuals for both ads : Compare the messages and visuals for both ads. Are there certain qualities that are the same? How about ones that are different?

What kind of earnings management tools do they use : Do you think that executives care about meeting earnings targets? If yes, what kind of earnings management tools do they use to achieve the targeted earnings?

What are the decsions that you need to make : What are the DECSIONS that you need to make? Build a decision tree that takes all the aspects of the story above into account.

Explain how the philosophy of milton friedman have played : Explain how the philosophy of Milton Friedman might have played a role in BP management's decisions leading up to the disaster.

Describe how you would reduce international cybercrime : Describe how you would reduce international cybercrime if you had an opportunity to do so. What types of treaties would you forge with other countries?

Did kathleen exercise undue influence : After reading the case prompt above, respond to the questions "Did Kathleen exercise undue influence? Was Francis's estate plan valid?"

What led to the interviewee refusing to give up information : What led to information being divulged; what led to the interviewee refusing to give up the information?

User Account

All Pages