Decision making process involves key common phases

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1. Although each leader will have a distinct style, generally, decision making process involves key common phases. Describe and explain the general process of decision making adapted by organisational leaders.

2. Given the following inventory system: average daily demand is 200 units with a standard deviation of 3 units, order interval is 5 days, lead time is 4 days and the z value is 2. What is the safety stock?

3. Contrast the different possible HRM outcomes for these two scenarios from the:

(a) Company’s perspective and; (b) Prospective employees’ perspective—those who apply for the opening as well as the one selected at the end of the hiring process:

Scenario A: The supervisor who needs to fill this job opening does not have a written job description.

Scenario B: The supervisor who needs to fill this job opening is using the job description that appears in “Highlights in HRM 2.”

Reference no: EM132232845

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