Critically evaluate the effectiveness of tools used for forecasting events and predicting crises in the business environment

Critically evaluate the effectiveness of tools used for forecasting events and predicting crises in the business environment

1) Identify and analyse the main causes of the economic crisis 2007-2008

Figure 1: Trends in median and average sales price of homes in the United States

2) Critically evaluate the effectiveness of tools used for forecasting events and predicting crises in the business environment

Table 1: The Pros and Cons of Qualitative and Quantitative techniques 9

3) Discuss in terms of strategic crisis management theory, what organisations need to do prior, during, and after such an event to survive and perhaps thrive.

4) Discuss the leadership lessons that senior management should take away from the consequences of the financial crisis.

Write report in 3500 words count, including title page, table of index, introduction, conclusion and references.

Words Limit: 3500

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