MAKING DECISIONS IN TURBULENT TIMES: AN ANALYTICAL FRAMEWORK AND DECISION TOOLS

Maud Roucan-Kane, Michael Boehlje, Allan W. Gray and Jay Akridge

No 98052, Working papers from Purdue University, Department of Agricultural Economics

Abstract: The business climate for the agricultural sector is characterized by increased uncertainty and “unanticipated surprises,” such as new government regulations, new technology and product introductions, mergers and acquisitions, nonperformance by supply chain partners, and changes in interest and exchange rates. This manuscript uses a real case problem to describe a set of tools(such as scenario analysis, risk scorecarding and heat mapping, payoff matrices, decision trees, and options portfolio mapping) available to use for making strategic decisions in such a business climate.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 34
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ageconsearch.umn.edu/record/98052/files/10-9.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:puaewp:98052

DOI: 10.22004/ag.econ.98052

Access Statistics for this paper

More papers in Working papers from Purdue University, Department of Agricultural Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().