The eight steps that consist of decision-making process

Assignment Help Operation Management

Reference no: EM131430010

The eight steps that consist of the decision-making process are: (1). identifying a problem, (2). identifying decision criteria, (3). allocating weights to the criteria, (4). developing alternatives, (5). analyzing alternatives, (6). selecting an alternative, (7). implementing the alternative and (8). evaluating decision effectiveness. In order for the manager to plan, organize, lead and control effectively, a proper execution of the eight step has to be carried out What are advantages and disadvantages of the 8-step decision making?

Reference no: EM131430010

Questions Cloud

The communications director for large corporation : Assume you are the Communications Director for a large corporation. You are leaving to pursue a better career opportunity and your successor has asked for some professional advice regarding the media. What is the most important advice you would offer..

Consider capacity constrained process producing high profit : Consider a capacity constrained process producing a high profit margin product. What will the impacts on revenue and profits be if processing time for the bottleneck resource is reduced by 10% while everything else remains the same?

The benefits of pursuing strategy of social responsibility : The benefits of pursuing a strategy of social responsibility and corporate citizenship include.

Would you label them as effective or ineffective team leader : Think about a team manager you have worked for. would you label them as an effective or ineffective team leader? Why? Also, be sure to integrate the course material in order to discuss the type of team, what type of project the team focused on, how p..

The eight steps that consist of decision-making process : The eight steps that consist of the decision-making process are: identifying a problem, identifying decision criteria, allocating weights to the criteria, developing alternatives, analyzing alternatives,

Social media differ from traditional advertising media : Explain why the hospital has a responsibility to provide quality care to their patients and what will happen if negligence occurs? How do social media differ from traditional advertising media?

Using specific process to produce special component : CP Inc. has been using a specific process to produce a special component. Last year, several customers complained about inconsistencies on the ‘weight' of the component. They stated that there were a disproportionately large percentage of components ..

Integrated Business Processes with ERP Systems text : Does SAS or any other MDM in the list meet your requirements? Whyor why not? You will review the top candidate MDM system and recommend the one that meets your requirements for creation of master data and warehouse management processes as depicted in..

Explain the key findings from five forces analysis : Complete a PEST analysis for the selected firm. Be sure that this is based on research of the organization, not conjecture or opinion. Explain the key findings from PEST analysis. Explain the key findings from Five Forces analysis. Summarize the key ..

User Account

All Pages