Shanae Leslie - CTW 2 Carter Racing - Critical Thinking and Writing 2 Enterprise Risk Management Professor Martin Grace Shanae Leslie Part 1 I recommend

Shanae Leslie - CTW 2 Carter Racing - Critical Thinking and...

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Critical Thinking and Writing 2 Enterprise Risk Management Professor Martin Grace Shanae Leslie Part 1: I recommend that the Carter racing team race. If the team races and finishes in the money they are going to receive a great deal of opportunity. One of these great opportunities includes the benefit of receiving a full season contract for the upcoming year with Goodstone Tire. With the million a year plus incentives that comes with the sponsorship the team would have some money to essentially put towards bettering the engines even more for the upcoming seasons. Another opportunity the team would benefit on is that if they race and finish in the money they will get to keep the $500,000 oil sponsorship on top of the million dollar sponsorship. The good thing about the oil sponsorship is that even if they don’t finish in the money they can still keep the sponsorship. When leveling the two options of whether to race or not to race we can see that the team could keep the oil sponsorship regardless unless they race and blow an engine. However, if the team does not race they will also have other costs that will put them $50,000 in the hole. In my opinion, with the teams stats as they are so and with the
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