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2. You're watching TV and you see that some graduate of an M.B.A. program at a college you've never heard of is being interviewed

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2. You're watching TV and you see that some graduate of an M.B.A. program at a college you've never heard of is being interviewed on some key tools in making a management decision. The graduate said that two of them are: cost-benefit analysis and risk-reward analysis. It occurs to you that you might go on TV after you complete your M.B.A. at Delta State University and pontificate on the two things mentioned in the interview that you watched. However, before you can do so, you need to know what they are and be able to give an example of each. So, explain briefly what each are. Give an example of each from your everyday life at home. Give an example of each that you or your organization might encounter during the course in business. Do these analysis techniques only apply to product and services of an organization, or could they be applied to personal or organizational reputation, public trust, and legal or moral accountability? Are any of these important issues, or can they all be wiped away like dust on your sleeve?

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