OSUOK General Motors Risk Management Game Theory Application Research Paper

Question Description
Chapters 30, 31, and 34 present three mini-case studies on ERM and risk. Each one presents a slightly different risk scenario. Suppose General Motors wants to replace one of their traditional lines of vehicles with all-electric models. How could GM use game theory to identify and assess the major risks to this decision? Identify two major risks that would result from GM converting an existing line to an all-electric line. Provide a brief discussion of each risk, and your assessment of the levels of inherent, current, and residual risk, using GM’s five-point scale.

Create a new thread.

How could GM use game theory to identify and assess the major risks to this decision?
Identify two major risks that would result from GM converting an existing line to an all-electric line.
Provide a brief discussion of each risk, and your assessment of the levels of inherent, current, and residual risk, using GM’s five-point scale.
Please NOTE: This is NOT meant to be research papers but rather somewhat informal dialogue. However, if you paraphrase or directly quote a resource, then cite it properly using APA 6th.

https://youtu.be/h70F_vU98sI – Chapter 30,31

https://youtu.be/g69H51kxdJI – Chapter 34

Tags: risk management Environmental Pollution Mathematical Models GM company Oklahoma State University Oklahoma City Game Theory Application

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