Ch 1: Quantitative Decision Making & Risk Analysis: Tutoring Solution

About This Chapter

The Quantitative Decision Making and Risk Analysis chapter of this Quantitative Analysis Tutoring Solution is a flexible and affordable path to learning about quantitative decision making and risk analysis. These simple and fun video lessons are each about five minutes long and they teach the quantitative decision making tools and procedures that are required in a typical quantitative analysis course.

How it works:

  • Begin your assignment or other quantitative analysis work.
  • Identify the quantitative decision making and risk analysis concepts that you're stuck on.
  • Find fun videos on the topics you need to understand.
  • Press play, watch and learn!
  • Complete the quizzes to test your understanding.
  • As needed, submit a question to one of our instructors for personalized support.

Who's it for?

This chapter of our Quantitative Analysis Tutoring Solution will benefit any student who is trying to learn about quantitative decision making and risk analysis, and earn better grades. This resource can help students, including those who:

  • Struggle with understanding the strategic management process, decision making models, risk management in business, or any other quantitative decision making and risk analysis topic
  • Have limited time for studying
  • Want a cost effective way to supplement their business learning
  • Prefer learning business visually
  • Find themselves failing or close to failing their quantitative decision making and risk analysis unit
  • Cope with ADD or ADHD
  • Want to get ahead in quantitative analysis
  • Don't have access to their business teacher outside of class

Why it works:

  • Engaging Tutors: We make learning about quantitative decision making and risk analysis simple and fun.
  • Cost Efficient: For less than 20% of the cost of a private tutor, you'll have unlimited access 24/7.
  • Consistent High Quality: Unlike a live quantitative analysis tutor, these video lessons are thoroughly reviewed.
  • Convenient: Imagine a tutor as portable as your laptop, tablet or smartphone. Learn about quantitative decision making and risk analysis on the go!
  • Learn at Your Pace: You can pause and rewatch lessons as often as you'd like, until you master the material.

Learning objectives

  • Learn about the management science-operations research approach to decision making.
  • Explain the four steps of the strategic management planning process.
  • Discover various ways of analyzing alternatives and choosing the best option.
  • Explore the purpose of quantitative methods in the business arena.
  • Evaluate the role of different kinds of decision-making models.
  • Examine profit, cost and revenue models.
  • Review the quantitative tools that assist managers in making sound decisions.
  • Study the implications of certainty and risk.
  • Gain an understanding of the differences between risk management and risk analysis.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the Quantitative Analysis: Tutoring Solution course