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
Write a 6–8-page paper 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.
Your assignment 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 file submitted in Blackboard must be an MS Word document or a PDF document.
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.