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Site Home –› Business & Services –› Business Administration
 

Decision-Making and Risk Analysis

 

A graduate level class in managerial decision making teaches a process for making decisions and analyzing risks. The process uses typical inputs and outputs in an organiation such as materials, information, employees, new products, and resource allocation.

The process does two things. First, it provides a logical way to analyze information and integrates diverse tasks and work processes. Secondly, the process analyzes management behavior and links a variety of activities and concludes with a coherent and orderly view of management.

The variety of work activities are considered as processes starting with organizational processes. Organizational processes are divided into three areas: work processes, behavioral processes, and change processes. These processes break down further into areas such as communication processes, organizational learning processes, change processes, managerial processes, direction-setting processes, and many other work activities that are processes.

The decision-making and risk analysis processes were analyzed using software that considered all the possibilities, assigned probabilities, integrated various factors, and led to a calculated decision. The software creates a decision-making tree, a risk analysis model, an influence factor model, and simulated variations. The software used in the class was made by Palisades, but there are other creators of decision-making soft such as Decision Pro.

If you want to systematically analyze the decisions you have to make and your exposue to risk, you may want to consider decision-making software. The software can be found on the internet, and they usually allow you to download trial versions. It is interesting, but complicated to use.

Jo Ann Joy, Esq., MBA, CEO

Copyright 2006 Indigo Business Solutions. All rights reserved.

You may contact Jo Ann by phone at (602) 663-7007, by fax at (602) 324-7582, by email at joannjoy@Indigo Business Solutions.net, and by mail at 2313 East Ocotillo Rd., Phoenix, AZ 85016

The future of your business starts here!

Author: Jo Ann Joy
 
Author Bio:

Jo Ann Joy

Jo Ann Joy is the CEO and owner of Indigo Business Solutions. She has a law degree, an MBA, and a degree in Economics. Her legal background includes commercial, corporate, bankruptcy and real estate law. She has expertise in accounting, financial planning, mortgages, marketing, product development, and business strategies.

Jo Ann ran a successful business for 10 years, and she has written and given presentations on many different legal and business subjects. Jo Ann started Indigo Business Solutions, and she strives to help small businesses make decisive improvements in their start-up, direction, growth, and performance. Jo Ann is passionate about helping businesses succeed.

Indigo Business Solutions is a ?one stop shop? for small businesses. We differ from other business consulting firms, because we offer comprehensive legal and business counseling. We work with our clients to develop strategies that create value and competitive advantage. Jo Ann is not a traditional attorney. Rather, she is a strategic business attorney who works closely with clients to create and implement strategies that will greatly improve their performance and success.

Jo Ann will her talents, expertise, and education to inspire enterprising and imaginative people to make their goals a reality and enjoy professional and personal growth. She promises to consistently deliver quality and reliable service to earn your trust and create lasting relationships. She promises that she will make a positive difference in your business.

If you are not getting what you want from your business or if you want to reach higher goals, Indigo Business Solutions delivers the strategic planning that will provide you with the right tools and methods to grow and gain market share. Please look at our website and found out how we can help you expand and achieve your goals.

We offer straight talk, sound advice, and practical solutions. Your small business deserves to be a success, and

 
 
 

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