Preparing An Expert When Making Our Next Investment Choice

Decision Making Area 3:Investment Decisions * Table of Articles * Summary of Articles * Observations * Conclusion

These decisions may include selling and buying of stocks, bonds, futures, currencies and so on. Stocktrak.com helps to implement the investment decision process as it includes evaluation tools for securities being traded at stock market. The website provides graphical historical performance of stock prices and this graphical performance can be analyzed for making different investment decisions related to those stocks. This project will be investing the given specified amount in a portfolio. The portfolio investment will help to reduce the level of risk associated with investment. With the reduction in level of risk, the average return of portfolio investment will increase as compare to individual investments. Thus, portfolio investment is better option for investment as compare to individual

To get a better handle on the options and the risks associated with them, the company estimates the severity of each event and calculates the level of risk (based on severity of the event and the probability of occurrence). The events are then ranked with those exhibiting the highest risks placed at the top of the list. Next, the source of high-risk events is investigated.

* Forecasting is an impartial strategic ingredient that will ensure apt base for reputable planning. Our forecast is always the first step in developing plans in running the business along with our future plans of growth strategies. With this tool, we are able to anticipate our sales within reason that then can allow for us to control our costs in conjunction with inventory which will then help us to enhance our customer service. Sales forecasting is a vital strategic tactic in our company’s methodology.

Goodson are considering the decision base on two main dimensions. First is the investing experience

Forecasting is used in all businesses. Forecasting is used to help businesses decide how much they should produce and where to sell a product. Forecasting can aid a company in knowing the lifecycle of a product, which can help them to determine when and if they should discontinue a product. Forecasting can also help managers close the gap between supply and demand. If a forecast is properly predicted the supply of a product can satisfy the demand of the product. Forecasting is not always accurate however, and can lead to either over production of a product or underproduction of a product.

• Alternatives – There may be various alternatives, each with its own set of uncertainties and

Harrison, W. T. (2013). Financial Accounting, VitalSource for DeVry University, (9th ed.). Pearson Learning Solutions.

Q3. Please describe a specific occasion when you have considered a number of options before making a decision.

When we delve into the word 'risk ', we find that it has a multitude of meanings, and that it is nowhere near as clear and precise as the advocates of traditional risk assessment assert, for example Hansson (2002) identifies five different common uses for the word risk, and Ekberg points out a "proliferation of risk definitions" and a whole range of different understandings of risk (2007 p345).

This paper was prepared for Financial Decision Making, MBU 652, Summer 2011, taught by Professor Howard S. Steed, PhD

Fixing the forecasts allows to build the communication between the different departments of a firm (communication between the operational staff, the financial staff, etc.). It should be also a guide for financial planning and monitoring the activity and the performance. It is a tool to evaluate profitability and productivity, to identify an eventual gap between actuals and OP (operating plan), and to fix it.

Forecasting involves using past data to generate a number, set of numbers, or scenario that corresponds to a future occurrence. It is absolutely essential to short-range and long-range planning.

Forecasting is the art and science of predicting future events. Forecasting is a statement about the future. “Operations management is designed to support forecasted

What type of financial investments would you invest in if you were given 10,000 dollars, what made you choose these investments, as well as; how did your choices affect your decision as to tracking these financial investments through the usage of financial strategies and trends. While finding the right pecuniary investment to finance in is never an easy decision, one must first do their research as to what type of financial resources are available on the market to invest in; then apply those financial decisions and strategies to their financial market plan. Let’s begin with what a financial market does, “financial markets perform a vital function: they transfer funds from savers (individuals and organizations willing to defer using some