We discussed Probability Topics is last weeks lecture which is a measure that is associated with how certain we are of outcomes of a particular experiment or activity. Please select one of the following companies we discussed in our recorded lecture which include:

1. Amazon 2. Gucci (clothing line) 3. BP (Petroleum company) 4. Walmart 5. Florida Oranges (Ag commodity) 6. CSX Railroad

Once you select a company please do an analysis of its companys structure within the following:

Scenario Analysisscenario analysis uses probability distributions to create several, theoretically distinct possibilities for the outcome of a particular course of action or future event. Does your company have a projected scenario analysis or future plan? How is your company preparing for the future? Hint: also referred to scenario planning within the industry circles.

Sales Forecasting remember a scenario analysis uses probability distributions to create several, theoretically distinct possibilities for the outcome of a particular course of action or future event. Forecasts are about the future. Its hard to overstate how important it is for a company to produce an accurate sales forecast. Privately-held companies gain confidence in their business when leaders are able to trust forecasts. For publicly-traded companies, accurate forecasts confer credibility in the marketdoes your company perform some kind of projected forecast? How do your company predict the future?

Risk Evaluationpredicting future sales levels, probability distribution can be a useful tool for evaluating risk. Risk evaluation is also the process of comparing an estimated risk against given risk criteria to determine the significance of the risk. Risk control actions implementing risk evaluation decisions. Note: Risk control can involve monitoring, re-evaluation, and compliance with decisions. How does your company measure rick?