A Discussion on Risk Decision Making
Executive Summary: Businesses facing decisions about risk every day. From equipment purchases to new hires to acquisitions and closures, each business decisions are relevant with risk. The key aspect of making the right business decisions comes from determining the balance between risk and reward. Companies that expose themselves to high risks with minimal rewards can gamble themselves right out of business. At the other hand, if companies play too safe can miss out on growth opportunities, they would to survive […]