Purpose: Learn to think about management mistakes and be aware that risk need to be calculated well.
Task: Imagine a sport related organization which faces economical challenges because of poor financial and economic knowledge. Describe your example briefly and outline a possible solution.
Interaction: Read the solutions of some other learners and explain why you agree or present an alternative solution.
Please note! I was in contact with Lily, the facilitator of this week, and she wishes you to change your focus and perspective in this assignment. She writes: “The week 4 is not intented for the analysis of any global companies or for management issues of professional sports. The whole week is about your own business ideas!” In order to make this clear Lily is giving feedback through her comments!