(1)What is the difference between risk and uncertainty? Provide examples of what your organization has done, or not done, to deal with risk and uncertainty. How did those actions affect the firm once a contingency of risk or uncertainty materialized? (2)How does the financial strength of an organization influence decision making and outcomes? Provide examples that support your rationale.(3)Please describe a decision your firm has made when facing uncertainty. How does the financial strength of an organization influence decision-making and outcomes? Provide examples that support your rationale. (4)When we say risk, uncertainty, chance and probability, they all have some element of commonality. Given you reading so far and experience, what is the difference between risk and uncertainty? Do you attach probability to risk or uncertainty? Why?
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