Decision making process

Assignment Help Business Management
Reference no: EM133032040

For this exercise, you will be challenged to use your knowledge of the steps in the decision-making process. Select something in your experience for which a critical decision was needed. The process you analyze could be something related to your job, or you may select something from your non-professional life. For example, you may want to describe the process for planning a long trip, possibly out of the country, or the planning of a move from one home to another, which can be complicated. All of these require the application of the steps in the decision process. You may use a decision process in which you did not participate in, but you must know the details in order to adequately outline the process in your discussion post. Whatever you choose should be a major decision (college selection, international trip and best value for money, which job offer to take, which house to buy, which automobile to purchase, etc.) and not minor (what movie to see tonight, what shall I have for dinner, etc.) in nature. The 7-step decision process is on Page 126, Figure 5.3. Clearly state the decision that needs to be made. Starting with step one, analyze how closely your process parallels the Decision Making Process steps from the text.

Reference no: EM133032040

Questions Cloud

Concepts and definitions of diversity : For this task is necessary to research each of the following topics and present in report on the findings.
Observer evaluation : Observer Evaluation - Checks out the accuracy of personal interpretations of situations and people
Substantive research on the selected organization : Problem: First, name the organization you selected and explain why. Ensure that there substantive research on the selected organization.
Business reason for csr : Which of the following is not a business reason for CSR?
Decision making process : Clearly state the decision that needs to be made. Starting with step one, analyze how closely your process parallels the Decision Making Process steps from the
Persuasive Presentation - The online job interview : Persuasive Presentation: The online job interview - You will be asked 1 question off of the STAR answer worksheet during your interview
Business-level strategy and corporate-level strategy : Discuss the differences and relationships between a business-level strategy and a corporate-level strategy.
Compensation and benefits that appeal to diverse workforce : What factors must you consider about your workforce to create compensation and benefits that appeal to a diverse workforce? How might those considerations vary
Voluntary and non-voluntary mechanisms of ethics : What are the Voluntary and Non-Voluntary mechanisms of ethics and how does it applies in the context of tourism? Explain it briefly.

Reviews

Write a Review

Business Management Questions & Answers

  Give me a couple of suggestions

Your boss, who happens to be a former student of mine, says to you "Our new employees seem to be lacking in self-efficacy, it's affecting their performance.

  Understanding the customer communication style

How does understanding the customer's communication style improve the salesperson's relationship-management skill?

  Describe the problems associated with e-waste

Make a comprehensive argument including issues of toxicity, challenges and possible solutions. Provide examples of solutions that you may find in the literature

  How does personal power differ from position power

Explain how power is acquired. How does personal power differ from position power? Why would organisations wish to empower their employees?

  Small business management on valentines day

Find a story of small business that is significantly impacted by Valentine's Day and find a story of small business located in Nebraska that is significantly impacted by Valentine's Day.

  What is the structure of your partnership

Use comparative analysis of potential companies in term of strategic fit with your client. What is the structure of your partnership: joint venture/acquisition?

  Need to make a python program that opens the output file

Need to make a python program that opens the output file with the filename like (my_name.txt), composes the name (example: your name) to the document

  Describe action-oriented research

A. Describe the function of exploration and diagnosis if a manager has an action problem.

  Confidence interval to estimate the mean cost

Assume that his costs are normally distributed. Using a random sample of 16 appointments his mean was 125 dollars. The population std deviation is 25 dollars.

  Explain the power of a good compensation plan

1. Explain the power of a good compensation plan and how it relates to the growth of a company.

  Learn more about cash flow analysis

What sort of difficulty can you imagine the manager of an organization would be in if the organization did not routinely prepare cash flow forecasts and working

  Research show that individuals in power

Research show that individuals in power are much more likely to make initial offers, speak first at meetings and thereby gain

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