For this assignment, you are required to complete Individual Problems 17-2 and 17-6 at the end of Chapter 17 in Managerial Economics: A Problem Solving Approach. In addition, you are required to complete Group Problem G17-1: Uncertainty. As you are evaluating your current company, address the following decisions in your response (500-750 words):
- What environmental factors and risks must be considered in the company’s decision-making process?
- Evaluate cost factors influencing the company’s decision.
- Determine strategies that would provide value to the outcome your company is seeking relating to this decision.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.
1. Managerial Economics: A Problem Solving ApproachRead Chapters 17-18 in Managerial Economics: A Problem Solving Approach.http://gcumedia.com/digital-resources/cengage/2015/managerial-economics_ebook_4e.php