Five steps of decision making process

Assignment Help Business Management
Reference no: EM1319036

Using the five steps of the decision making process discuss the following scenario. Once you have posted your response, you will be able to see other students' posts.

Rocco is the manager of a movie theatre. In recent years, a number of competitors have cut into his business, and cable television and rental video stores have reduced the number of moviegoers even further. Rocco desperately needs to get people to patronize his theatre, particularly since the owners have begun to discuss closing it and dismissing him if box office receipts don't improve.

Let's say that this problem is best expressed by 'how to attract moviegoers away from other theatres to Rocco's and how to attract people who don't ordinarily go to movie theatres." 

A) Provide a number of possible solutions

B) Provide sample questions that would be generated for information-gathering purposes for each of those solutions

C) What solution do you think is best? Why?

D) What would be some of the action steps to be taken with your ideal solution?

Reference no: EM1319036

Questions Cloud

Frequent flyer program has raised the cost : Assume the frequent flyer program has raised the cost of high-yield spill two fold since trade clients who are denied boarding now take their trade
Significant difference between the two massage techniques : A sample of 10 persons is used to measure the effectiveness of two massage techniques. The effectiveness of the techniques is measured by the number of days that pass by before the subjects feel the need for another massage session.
Finding the probability based on independent events : Which are likely to be independent events? For those you think are not, suggest reasons why.
Solve the following equation : Solve the following equation
Five steps of decision making process : Using the five steps of the decision making process discuss the following scenario. Once you have posted your response, you will be able to see other students' posts.
Calculate the contrasts w0 and w1 : An educational study uses a simple pre-post design to assess the efficacy of a computer tutor for solving inequalities. Twelve pilot students participate.  Each student is given a pre-test, then participates in six sessions using the tutor, then i..
Simplify the formula : Simplify the formula
Preferences among the three brands : Do the data provide significant support for any preferences among the three brands? Test At the .05 level of significance.
What does the letter "a" represent : If the decision in the hypothesis test of population correlation is to reject the null hypothesis, what can we conclude about the population correlation.

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