Assignment: Uncertainty.
Describe a decision your company has made when facing uncertainty. Compute the expected costs and benefits of the decision. Offer advice on how to proceed. Compute the profit consequences of the advice.
As you are evaluating your current company, address the following decisions in your response (500-750 words):
1. What environmental factors and risks must be considered in the company's decision-making process?
2. Evaluate cost factors influencing the company's decision.
3. Determine strategies that would provide value to the outcome your company is seeking relating to this decision.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.