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In relation to the wholesale retailer, Costco, answer the following: How would you use a decision matrix to determine the risks of strategic alternatives and
In relation to the wholesale retailer, Costco, answer the following:
- How would you use a decision matrix to determine the risks of strategic alternatives and the potential financial implications for Costco pursuing this alternative? Is the decision matrix an effective tool for predicting risk? Why or why not? How does the application of the decision matrix alter what you previously chose as the most advantageous strategy?
- Utilizing a risk matrix, identify a minimum of 10 unique risks associated with the strategic alternative you believe will provide the most significant opportunity for your firm to add value. Choose two or three of the most critical risks and discuss their potential impacts on your selected alternative.
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