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\nUsing and Evaluating Sensitivity Analysis for Business Advantage\n

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\nThe video explains how businesses can use sensitivity analysis to prepare for uncertainty and unexpected scenarios. It uses the example of currency movements and how they can affect a company's performance and profit. The video also...\nThe video explains how businesses can use sensitivity analysis to prepare for uncertainty and unexpected scenarios. It uses the example of currency movements and how they can affect a company's performance and profit. The video also highlights the advantages and disadvantages of sensitivity analysis, including its potential complexity and the need for accurate data. The speaker emphasizes the importance of businesses having a two-stage approach towards sensitivity analysis, collecting accurate data and then tackling the potential risks that lie ahead.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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6:29
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Grade
Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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business, risks, fall, products, terms
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Additional Tags

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a-level, section, quant, methods, 3.1.3, using, and, evaluating, sensitivity, analysis, lecture video, heavily reliant, average level, wider market, forecast variables, currency movements, sensitivity analysis, risk, performance, company, businesses, advantage, affect, quality, importing, materials, country, account, occur, forecasting, tesco, prepare, impact, true, means
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Using and Evaluating Sensitivity Analysis for Business Advantage\" href=\"/subscription/new\">\"Using\n\n
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