Describe the group decision-making processes and structures

Assignment Help Operation Management
Reference no: EM13393343

Groups may be both a boon (for example, they statistically outperform individuals) and a bane (for example, they take too long) of decision making. While they can systematically outperform individuals, groups are also prey to systematic bias and organizational skewing.

Consider the systematic decision-making processes of your own organization. Using the readings for this module, the Argosy University online library resources, and the Internet, respond to the following:

a) What are the group decision-making processes and structures in place at your current or with a previous employer that were designed to eliminate bias, create structure, and cultivate consistently better decisions?

b) Were the processes successful? Why, or why not?

c) How may the structure have facilitated organizational skewing?

Write your initial response in a minimum of 300 words. Apply APA standards to citation of sources.

Reference no: EM13393343

Questions Cloud

What impact will the unanticipated increase in money supply : what impact will an unanticipated increase in the money supply have on the real interest rate real output and
Identify the additional tasks that are associated with : identify the additional tasks that are associated with planning monitoring and controlling risks.put this in a wbs
Write down the required reserves of peoples national bank : suppose that the reserve requirement is 10 percent and the balance sheet of the peoples national bank looks like the
Explain the difference between brand equity brand awareness : 1.explain the use of smart goals in a marketing communications plan. provide an example of a smart goal.2.explain the
Describe the group decision-making processes and structures : groups may be both a boon for example they statistically outperform individuals and a bane for example they take too
Payments made by a corporation to its shareholders in the : 1.next years annual dividend divided by the current stock price is called thea yield to maturity.b total yield.c
Write down a paper in 600- 700 words discussing the four : write down a paper in 600- 700 words discussing the four different types of financial statements. explain the
To achieve a 25 multifactor productivity improvement by : cd players are produced on an automated assembly line process. the standard costs of cd players are labor - 50 per unit
What determines whether the financial asset is included in : 1.what determines whether a financial asset is included in the m1 money supply? why are interest-earning checkable

Reviews

Write a Review

Operation Management Questions & Answers

  What is the percent change in multifactor productivity

What is the percent change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?

  What is the upside for michelle foster if ncy succeeds

What is the upside for Michelle Foster if NCY succeeds? What are the professional risks she faces? (New venture creation capter7 Preparation questions)

  Ue the theory of motivation you selected to describe an

the relationship between the organization and its members can be greatly influenced by what motivates individuals to

  Descriple the most likely impediments to health care

Descriple the most likely impediments to health care information access in 2030 and make at least two recommendations to avert those impediment that can be implemented now.

  Under what circumstances is a code of ethics most and least

Under what circumstances is a code of ethics most and least likely to be effective? Why?

  Illustrate what would occur if jason was a consumer

If Jason fails to pay both Joanna also Berkeley also y forecloses their security interests, who has priority on cash register. Illustrate what would occur if Jason was a consumer who purchased goods for personal use.

  Define the control variables of the problem

Define the control variables of the problem. Formulate the mathematical model for the problem. Transform the mathematical model into the standard form.

  Formulate mixed integer programming model

Lauren Moore has sold her business for $500,000 and wants to invest in condominium units (which she intends to rent) and land (which she will lease to a farmer).

  Should the company take advantage of the discount

A company uses this item as the rate of 20 units per day. The setup cost for ordering a lot is $50, and the holding cost per unit per day is $.30. The lead time is 12 days. SHould the company take advantage of the discount?

  Calculate expected growth rate and next eps

Sidman Products' common stock currently sells for $51 a share. The firm is expected to earn $6.10 per share this year and to pay a year-end dividend of $2.40, and it finances only with common equity.

  1 which of the given is not an element of the stakeholder

1 which of the following is not an element of stakeholder analysis?a.identifying stakeholdersb.financially motivating

  What is the corresponding order-up-to level

Suppose Jim is interested in ensuring that the company immediately satisfies all employee salary requirements with a 95% probability. What is the corresponding order-up-to level?

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