Case Study: Dealing with Risk and Uncertainty|My homework helper
Posted: March 10th, 2023
Overview
In this case study , you will select a company or organization of your choice that has been dealing with risk and uncertainty within the last six months. Then you will determine solutions to organizational problems that take into account principles of risk management to improve operations and profitability.
Instructions
6–8 pages in which you:
- Evaluate a selected company’s or organization’s recent (within the last six months) actions dealing with risk and uncertainty.
- Recommend advice for improving risk management and provide justification for the recommendation.
- Examine an adverse selection problem the company/organization is facing, and recommend how it should minimize the negative impact of adverse selection on transactions.
- Determine the ways the company/organization is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with moral hazard.
- Describe a principal-agent problem in the company/organization, and evaluate the tools the company/organization uses to align incentives and improve profitability/efficiency.
- Examine the organizational structure of the company/organization, and suggest changes to improve the overall profitability/efficiency. Explain why those changes would result in an improvement to profitability.
- Use five sources to support your writing, including one published within the last six months about the risk and uncertainty the company has faced. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. For help with research, writing, and citation, access the library or review library guides.
You must follow these formatting requirements:
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Determine solutions to organizational problems that take into account principles of risk management to improve operations and profitability.
SOLUTION
Risk and uncertainty are inevitable in business operations, and organizations need to have a robust risk management framework to mitigate these risks. The effective management of risks and uncertainties enhances operational efficiency, profitability, and competitiveness in the market. This case study evaluates the risk management framework of the Coca-Cola Company and provides recommendations for improving risk management. The adverse selection, moral hazard, and principal-agent problems facing the company are also analyzed, and solutions suggested. Additionally, the organizational structure of the company is evaluated, and changes recommended to improve profitability and efficiency.
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