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Course Description
Risky Decisions (MORS-917-A)
0.50 Credit
Description:
This course counts toward the following majors: Management & Organizations. This five-week course on risk and its ramifications deals with avoiding risks as well as taking them wisely. It takes two perspectives. The first surrounds the notion that we and our organizations are always subject to calamities, regardless of what we do, and that the best way we can safeguard our firms and ourselves is to prepare for the worst. The second perspective is based on the fact that managers, executives and organizations are constantly making decisions that inherently include risk. The course focuses more on this perspective than on the first, and investigates how managers typically confront risk, how they deal with difficult decisions and how they can prepare themselves most effectively to make the best decisions in risky environments.
Prerequisites:
None
Corequisites:
None
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