Essays on Cupcakes

The following is the outline we had to follow for our paper, the part in yellow is what I need you to complete for me please. The rest I have already done and the content I wrote can be found below.

1. Background (description of the problem or initial assumptions) a. List up the different aspects of the company’s background. b. Precisely identify the problem or challenge to be solved. c. Describe the initial assumptions for the elaboration of the plan. d. Presents a well-founded starting hypothesis, clearly written. 2. Company / Organization internal analysis. a. Develop a ...

Abstract

Decision-making under risk occurs when there is an uncertainty about the states of nature that can occur, but the probabilities of each of the states of nature occurring have already been determined. We can use these probabilities to determine additional strategies for decision-making. One such strategy is the Expected Monetary Value (EMV) approach for making an optimal decision. In the problem where the company had to decide on the right investment approach, the company had already done research to determine the various possible states of nature for each of the alternatives as well the probabilities of each of these ...

The contract that Noora and Reem entered into is a good example of unilateral contracts, where a promise from one of the parties is made to motivate the other party to act. Based on a review of the literature on Islamic law on contracts, what Noora did was wrong. The Islamic law points out that any form of agreement should not contain any uncertainty. This provision is referred to as the “the rule against Gharar . Given that the two parties negotiated in good faith, Noora was wrong by bringing in a sense of uncertainty. This is because she changed ...