Problem 5

Using the link below, write short paper (pdf) explaining how the information from the news report could be used to identify uncertainties and identify the decisions associated with the uncertainties that could be facilitated by developing a risk model.

https://www.theverge.com/circuitbreaker/2018/10/31/18043062/apple-usb-c-ipad-pro-strategy-iphone-macbook-port-dongle

Identify risks

1. Identify an area of uncertainty

2. Select a focus area related to that uncertainty 

3. Identify 3 risk areas

4. Identify 2 risks associated with the news article (Remember that risks are stated based on impact and likelihood)

a. If __________, then ____________

5. Identify 10 variables that could potentially affect the risks identified 

a. Identify possible data sources for those variables

6. Discuss how the development of a risk model helps the decision making process derived from the risks identified