Awareness of the importance of decision making

Assignment Help Other Subject

Reference no: EM13940049

Description: In Assessment 3: A critical decision, you had to practically apply the decision making models and tools you learned about throughout the subject. Reflect on your experience in completing this assessment. What major learning on measurement and decision making can you apply in practice as a manager in your organisation? The list below provides some questions you may wish to consider in your critical reflection. These are suggestions only. You may address issues that are not on this list.

Has what you have learned in this subject created an increased awareness of the importance of decision making as a management activity? Why or why not?
Which model or tool most influenced you as you worked your way through the subject? Why?
How critical do you believe the quality of decision making is to an organisation? Why?
Which of the models and tools would you use as a manager? Why?

Reference no: EM13940049

Questions Cloud

Clean zone of the treatment room : Explain why dental materials and medicament bottles should be stored in the clean zone of the treatment room and not left on the bench top of the working area.

How does the reduction in fixed cost affect break-even point : Compute the break-even point in units. How does the reduction in fixed costs affect the break-even point? Operating income? The margin of safety?

What information does ratio analysis provide for meeting : Referencing the list of ratios from your assigned readings for this week, respond to the following: What information does ratio analysis provide for meeting the requirements of the scenario? Which ratios are the most important, and which ones are of ..

What must a subclass do to modify a private superclass : When a class extends an abstract class, it must provide definition of all the methods that are declared in the abstract class. Otherwise, it gives a compile time error.

Awareness of the importance of decision making : Has what you have learned in this subject created an increased awareness of the importance of decision making as a management activity? Why or why not?

What are the implications of managing quality at delta : Would statistical process control tools such as control charts or acceptance sampling be enough to resolve quality shortcomings along all of those dimensions?

Calculate the contribution margin ratio : Compute the contribution margin per unit, and calculate the break-even point in units (round to the nearest unit). Calculate the contribution margin ratio and the break-even sales revenue.

Regulatory provisions and corporate approval requirements : What advice will you give Mike Chalkley about the takeover defence strategies that he can implement to protect Small Bank PLC? Please include in your answer a discussion of the various takeover defence mechanisms and how they are implemented. You ..

Write about future value and compounding : Using a minimum of 3 reference sources in addition to the text book, and then compile a 1,000-word response to any one of the following below. Please choose one and write about it. Future value & compounding and Present value & discounting

User Account

All Pages