Managerial Risk Analysis and Decision Making Mode
Apply K-T Analysis on your Business Problem/Risk/Opportunity TOPIC Study the prescribed reading and consider the K-T Analysis template. Analyze your options for addressing your business problem and alternatives with K-T analysis, using as many of the analyses as possible. You should finalize alternatives from last week along with any others that may have occurred to you. Be sure that they seem to be viable options. Attach your Exel sheets to the Discussion. Provide a narrative in your discussion post describing what you did, what you learned about your problem and alternatives, and what factors impacted your decision. You may change your Business Problem/Risk/Opportunity if you like; however, this will entail more work. Start by providing a BRIEF summary of your business problem/opportunity/risk statement and alternatives for action. This content does not get included in your required word count. Notice this discussion is worth 25 points! You are expected to provide a detailed discussion and spreasheets of your own K-T analysis as well as supply extensive feedback to peers on their work. Additional Hints: 1. Review previous and current chapters in the Strategies book related to K-T Analysis. You will find samples of the K-T tables in the chapters. 2. The first sheet (tab) in the Excel document is a summary of the other sheets. 3. Work on the individual sheets. Define the situation in the Situation tab. Work on the problem in the Problem tab. After you have worked on all of the tabs, include the results in the corresponding table on the first tab to put all of the information on one page.