Larger-scale decisions at an organizational level

Assignment Help Operation Management

Reference no: EM131656291

New product investment is a situation in my organization that requires multiple models. The model used is the Ansoff Matrix which identifies the now and existing markets, the product and services associated with that new product. It helps identify a few of the avenues to invest in and it gives options to select from. The options available in detail are cost benefits analysis which gives the overall profit for each potential investment and it also gives options to decide which is the best alternative. It helps assists in being informed, timeliness, completness and precision of directed action. The reasons behind multiple models is when the options are known, you know what direction are possible, economically and most beneficial to adopt. This will help identify the short term return as well as find the sustainable approach for long term survival. Create a decision tree for this scenario. Attach the decision tree to your response and include insights in crafting the decision tree. How would you apply your experience to larger-scale decisions at an organizational level?

Reference no: EM131656291

Questions Cloud

Apply business decision model to something you do every day : Apply a business decision model to something you do every day, such as select an outfit, order lunch, or determine your exercise routine.

Overshadowed by the more glamorous dna evidence in cases : Oftentimes, paint and fiber evidence is overshadowed by the more glamorous DNA evidence in cases today.

During the forensic investigation of the crime scene : Assess what could have been done better or what could have been improved upon during the forensic investigation of the crime scene.

Example of an incremental innovation : Which of the following is not a driver of major trends? Which of the following is an example of an incremental innovation?

Larger-scale decisions at an organizational level : How would you apply your experience to larger-scale decisions at an organizational level?

Explain the three phases of project management : What is project management? Explain the three phases of project management.

Nursing homes in eastern nebraska without call-light policy : call-light policy compared to nursing homes in Eastern Nebraska without a call-light policy.

About the plane-sharing business : Jim and Denise are executives at Jetsetters, Inc., a plane-sharing business. Which of the following outcomes is most likely one of the three on Jim’s mind?

Priritize such issue keeping in mind a customer focus : how would you address and priritize such issue keeping in mind a customer focus?

User Account

All Pages