As the end of the 2017 teaching year draws to a close at the Eastern Institute of Technology (EIT) a lecturer colleague and I have decided – with the full support of EIT – to expose students to understanding what some of the key commercial risks are in the real world of business; and in doing so I have put together this file: Consequences of Commercial Decisions to work through with students.
The risks posed in this presentation are considered in both a “Strategic Management” and “Operations Management” context.
The reaction of tertiary students to the content of this file has been astonishing – with some providing feedback along the lines of “this is the most practical business knowledge that we have come into, of any of the courses that we are studying”.
The content of this file forces those who are considering entering the business world, to think hard about the inherent risks that are at play in this arena…being forewarned is being forearmed.
Hopefully this same information will help others assess the commercial directions that they are contemplating heading in.
Go well.