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Classical decision-making model

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Reference no: EM131203702

In this discussion, you will assume the role of a manager for your focus company. The CEO has asked you to provide ideas for how the company should handle the risk if it ultimately came into being. To do this, you decide to prepare an analysis of the decisions and alternatives the CEO could consider minimizing the risk.

Summarize the following items in your post, supporting your decision:

FOCUS COMPANY IS STARBUCKS

  1. What are the three types of conditions under which decisions are made and how would each affect your ability to arrive at the best solution?
  2. Use classical decision-making model to determine how to handle the risk/problem (make a decision).
  3. Choose two behavioral aspects and discuss how they would impact the final decision.
  4. Assume that the above decision was to be made by a group or a team that you are responsible for managing. Describe the advantages and disadvantages of making this decision within a group or team.

Reference no: EM131203702

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