Devry MGMT303 Week 2 Discussion DQ 1 & DQ 2 Latest 2015 November

QUESTION

DQ 1Managers, most business decisions are made under conditions of either risk or uncertainty. What is the difference between risk and uncertainty (please cite your sources)? In your opinion, is it easier to make a decision under a condition of risk or a condition of uncertainty? Why? Give an example from your experiences to support your answer.DQ 2Using your SWOT analysis selected organization, identify that organization. What are the competitive advantages of the organization you identified? Explain how you arrived at that decision.

ANSWER:

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