For this assignment, you are required to complete Individual Problems 17-2 and 17-6 at the end of Chapter 17 in Managerial Economics: A Problem Solving Approach. In addition, you are required to complete Group Problem G17-1: Uncertainty. As you are evaluating your current company, address the following decisions in your response (500-750 words):
1. What environmental factors and risks must be considered in the company's decision-making process?
2. Evaluate costs factors influencing the company's decision.
3. Determine strategies that would provide value to the outcome your company is seeking relating to this decision.