What issues could cause a manager to make a decision

Assignment Help Operation Management
Reference no: EM131857248

Managers in charge of a product or service need to decide how to use finite resources to create the maximum level of success for the business. One decision managers need to make is whether to maximize profit margin or gross profit.

What issues could cause a manager to make a decision that is not in the best interests of the company? How can this be avoided?

Reference no: EM131857248

Questions Cloud

What is cognitive bias : What is cognitive bias and how can it affect your decision making ability? If you realize that you have this bias what can you do to overcome it?
Is there a difference in managing a team for results : In your experience have you managed/been managed differently for creative projects than for daily results?
Define an enumerated type bird-type made up of bird names : Define an enumerated type Bird_Type made up of bird names. Define an integer component array data type Siting_Type indexed by Bird_Type.
Health care and ethics paper : The purpose of the course project is to provide you with an opportunity to synthesize various influences that help define ethical and legal behavior
What issues could cause a manager to make a decision : What issues could cause a manager to make a decision that is not in the best interests of the company? How can this be avoided?
Discipline of organizational behavior : Evaluate each one on the basis of its impact in the study of Organizational Behavior.
Define array data type student-scores of length max-length : Define an array data type Student_Scores of length Max_Length. The components are of type Score_Range.
How does a communication plan benefit management of projects : (a) When would it be appropriate to create a responsibility matrix rather than a full-blown WBS?
Problem on negatively charge the balloon : Assuming that the charge is 1 coulomb. In that case it would be possible to negatively charge the balloon by rubbing it.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd