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Use decision-making models, Select a problem or opportunity for improvement identified in your home, work, or school life. This could be anything that you need to make a decision on. Once you have your decision in or opportunity in mind. Review the Decision-Making Steps section of the textbook in Chapter 6. Begin the assignment with a brief description of the problem, then use the six steps of the decision-making process as headings in one column and describe the actions you have taken or would take for each of these steps in another column. Be sure to address each of the six steps in your assignment. Recognition of Decision Requirement A decision about a problem or an opportunity must be made. Survey the internal and external environment for related issues—“intelligence gathering” and integrate the information. Diagnosis and Analysis of Causes Analyze underlying causal factors—what created the problem or opportunity? When? Where? How? To whom? Development of Alternatives Generate possible alternative solutions that will respond to the needs of the situation and correct the underlying causes. Selection of Desired Alternative Determine which solution/alternative best fits the overall goals and values of the organization and achieves the desired results using the fewest resources. Implementation of Chosen Alternative Translate your chosen solution into action. Evaluation and Feedback Gather information that tells you how well the decision was implemented and whether it was effective in achieving its goals. Determine whether a new decision cycle is needed if the first decision fails.
The objective is to increase participation in carpooling and use of mass transit during this special week. A long-term objective, of course, is to increase the number of people who use carpools or mass transit on a regular basis. What methods would y..
Clara Thomas is an employee at the Citizens Bank, the largest bank in Texas. What type of decisions will she undertake if her responsibilities include receiving customer queries, fixing appointments for sales representatives of the bank, and tracking..
A bakery buys flour in 25-pound bags. The bakery uses 1215 bags a year. Ordering cost is $10 per order. Annual carrying cost is $75 per bag. Determine the economic order quantity. What is the average number of bags on hand? How many orders per year w..
What is Consumption-Based Planning? How is it different from Material Requirements Planning?
What are the unique demands placed on us when given a permissible or obligatory task? Explain the difference between a PERMISSIBLE action and an OBLIGATORY action, using an example of each kind of action.
write an email response in which you address the following pointsdetermine which project might be implemented and why
Discuss the role purchasing plays in the organization, how is it structured, what strategies and techniques does purchasing use. Finally how does purchasing contribute to the success of the organization?
Find two examples of goods or services that have no real value. Remember the concepts of segmentation and positioning: do not identify things that have no value to you, but rather things that have no value existing for anyone (for example, a can of l..
A marketing manager has three new product offerings to the marketplace: organic salad dressing, personal retirement software,
Describe the strategies which DuPont's management used to respond to the ozone controversy before the 1978 ban. Identify the social costs and risks associated with these strategies and the populations that bore these costs and risks. Identify the soc..
Sun Company's tentative budget for next year is as follows. Assuming that Johnston's proposal is incorporated into the budget, what should be the increase in the budgeted net operating income for next year?
critical thinking questions: what unique challenges do research and development labs provide for KM implementation? What is the benefit of MITRE's evolutionary approach to KM?
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