How can managers make effective decisions

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Reference no: EM132572699

BUS 100 Introduction to Management - Emirates College of Technology

Working Guidelines for Assignment

A. Assignment Structure:
It is recommended that your project report have the following structure in the order provided here.

1. Title page
The students' details should be filled in the cover letter provided.

2. Abstract / Executive Summary
The Abstract consists of the project title and about half a page concise summary containing the scope and results of your study.

3. Table of Contents
Table of contents should contain titles and page numbers for the main sections and subsections of your report. The table of contents should also include entries for any appendices in your report.

4. Report Body
This is the central and main part of the project which contains the actual work done during the project. The main requirement is that you need to structure the reportso that it is clear and structured in a way that makes sense. Grammar and spellings count.

5. Conclusions

The project's conclusions should list the things which have been learnt as a result of the work you have done.

6. References

You are responsible for appropriately citing material and methods that you use. Give references for the data collected from a text book, a magazine or a website identifying its sources while using the appropriate form. In the references section, references should be in a numbered list, ordered alphabetically by the last name of the first author.

Write on the following three topics.

Part I- Choose any two companies, preferably from different industries. research the companies' Web sites and find examples of business organizations survive for 100+ years.

1- Write brief description about each organization.
2- Explain the main managerial reasons of being in the market for this long time in terms of:
- Organization Leadership
- Motivation process
- Controlling process
3- What did you learn from this kind of organizations?

Part II- EFFECTIVE DECISION-MAKING FOR TODAY'S WORLD

Today's business world faced a crisis which is COVID19 and accordingly managers revolves around making decisions challenge with incomplete information, vague situation and under intense time pressure.

4- What type of DECISION mangers need to make?

5- How can managers make effective decisions under this condition?

Part III- It's been said that if you don't know where you're going, any road will get you there. Goal setting is an essential component of planning success.

Suppose you are a manager;

6- Suggest three organizational goals that match with the well-constructed goals.

7- how and why do you think your employees should engage in it?

8- Clarify the difference between setting Organizational goals through a traditional process and by using management by objectives (MBO)

Attachment:- Introduction to Management.rar

Verified Expert

there are three parts in this management report.The first is abut two companies that survived for 100 years and more in the USA and leadership, motivation and controlling;process.The second is on decision making process and what makes it effective. the third part of the report is about goal setting and the difference between traditional processes and MBOs. References are given as well.

Reference no: EM132572699

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