About this document
Risk Factor Management in Business by andreea143 is a document available to read on EtoBox.
This document discusses a method for decreasing risk factors in businesses using utility estimation. It presents the algorithm of the method, which involves establishing variants, criteria, consequences, transforming consequences into utilities, ranking criteria, and calculating utility functions to choose the optimal variant. It then provides a case study where a company analyzes 3 market variants based on criteria like quality, cost, sales, and risk. Utilities are calculated for each variant and criterion
- Author
- andreea143
- Language
- EN