Describe the decision making model

Assignment Help Business Management
Reference no: EM132945763

Peter is a manager working in a small boutique hotel located in a historical site in Hong Kong. Since the beginning of COVID-19, sales have decreased dramatically. As travel restriction is still in place and the number of tourists remains limited, Peter has been under great pressure to attract local customers to improve sales of the hotel. Based on his own intuition and what he has observed from other hotels, Peter quickly decided to roll out the following promotions in the hotel: ? Staycation packages are offered to let customers enjoy a unique experience by combining room stay, meals, and a historical tour. Customers can take out a loan to pay for the staycation packages if their loan applications are approved. ? Monthly rental is available at a competitive rate. Peter emailed the IT department to request the hotel website and other related sites to be updated with staycation packages and monthly rentals. Peter also emailed the accounting department. He would like the accounting software program to incorporate staycation packages and monthly rentals. As customers can now apply for a loan to enjoy staycation packages, the accounting staff needs to be trained to approve loans and incorporate the new payment structure in the financial statements. In addition to the promotions, Peter would like to further eliminate unnecessary expenditures. In his email to the accounting department, he also asked David, the accounting manager, to approve any expenses above $1,000. In the past, only expenses above $5,000 would require David's approval. Shortly after the emails were sent, David came to speak with Peter to express his resistance to the requested changes due to high expected workload to his team and himself. Peter also learned that the customer service team is not motivated to promote the loan option when they answer customer enquiries online. Under the current compensation package, customer service team receives a fixed monthly salary. If customers get approved and can take out a loan, workload will be increased to all departments, especially the accounting department.

a. Describe the decision making model that was used and comment whether it is appropriate.

b. Suggest two tactics to overcome the resistance of the accounting staff so that the requested changes can be implemented. Explain why those tactics can be effective.

c. Suggest two ways to motivate customer service team to promote the loan option based on the relevant motivation theories.

d. Comment whether email was an appropriate channel to request changes to the IT department and accounting department.

e. Comment whether Peter demonstrated task-oriented or people-oriented leadership behavior. What approach do you think is appropriate for this situation? Explain.

f. Peter found out that current sales need to increase by 50% to break-even. Design the management-by-objectives (MBO) process to achieve such based on what you have learned from the case.

Reference no: EM132945763

Questions Cloud

Discuss benefits and limitation of recommended architecture : As the technology consultant, discuss the benefits and limitation of the recommended architecture.
Expected average interest rate of market : The company has already purchased an insurance plan for its employees. For this purpose it has to deposit Rs.400,000 at the end of each year. The company also w
Analyzing potential profit possibilities for a new product : A distribution organization is interested in analyzing potential profit possibilities for a new product they will soon be offering to their customer base.
Identify at least two indicators : Q.1 Cite at least three Answer: reasons or circumstance when you would refer a client to another professional.
Describe the decision making model : Peter is a manager working in a small boutique hotel located in a historical site in Hong Kong. Since the beginning of COVID-19, sales have decreased dramatical
How observations are made in meta-regression : How observations are made in meta-regression?
Case-the jm smucker company : From its founding in 1897, when Jerome Monroe Smucker sold apple butter from the back of a horse-drawn wagon, the J.M. Smucker Company has recognized that actin
Demonstrate the effective use of social media : Determine the best social media to use in different scenarios Demonstrate the effective use of social media.
What is the rate that will make the firm breakeven : What is the rate that will make the firm breakeven? Do you think the firm will make a profit if they sell this generator? EMAAR Co. wants to sell an electrical.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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