Week 5 Labadee Case Analysis - Labadee Decision 1 Jared D...

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Labadee Decision 1 Jared D Stock Labadee Decision Week 5 Case Analysis MGMT-530: Managerial Decision Making Prof. Glen Macdonell [email protected] April 3, 2016 MGMT530 – Labadee Decision
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Labadee Decision 2 Week 5 Case Analysis The objectives for the assignment were to define the uncertainties using a risk profile and make the recommendation for a decision for the Labadee Case. Students will have a wide variety of responses based on the limited information provided in the case. Risk Profile Uncertainty 1: List How will the passengers respond? Outcome: Chance Consequences: Passengers have negative response. 50% They will cancel their reservations. Passengers respond positively. 50% It will attract more potential passengers who want to assist Royal Caribbean in their aid efforts. Uncertainty 2: List How will the port in Labadee be impacted? Outcome: Chance Consequences: The port will be impacted negatively and blame RCI.
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