Decision Making Process Essays (Examples)

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Decision Making Decision-Making The Applicability

Words: 771 Length: 2 Pages Document Type: Essay Paper #: 94000124

Not even the most brilliant, ethical, and rational person has the ability to research every conceivable implication and alternative before making every decision in life.

Group decision-making is another method of decision-making, where the decision is often arrived at by consensus or committee, such as coming to a decision as to where to take a family vacation. The decision is often time-consuming, because ideally it must please everyone, although quite often no one is fully pleased (Petress, 2002). Multiple levels of irrationality are injected into the process, even if the 'team leader' (the parents who are paying for the vacation) have the final veto. To make the group decision-making process more efficient, often a vote is taken at the end of the discussion if the effort is supposed to be democratic. It can be superior to individual decision-making in that individuals can point out when group members are being irrational,…… [Read More]

Works Cited

Baker, G. (2004). "Decision Making." University of Florida. Retrieved 20 Oct 2007 at  http://www.unf.edu/~gbaker/Man6204/Decision.PDF 

Levitt, Barbara & Clifford Nass. (Jun 1989) "The lid on the garbage can: institutional constraints on decision making in the technical core of college-text publishers." Administrative Science Quarterly. Retrieved 20 Oct 2007 at http://findarticles.com/p/articles/mi_m4035/is_n2_v34/ai_7376934

Petress, Ken. (2002). "An alternative model for decision-making." Journal of Instructional Psychology. Retrieved 20 Oct 2007 at http://findarticles.com/p/articles/mi_m0FCG/is_3_29/ai_91707794/pg_1

Williams, Tim. (Mar 2004). "Setting Impossible Standards."
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Decision Making Barnes and Noble Inc Is

Words: 2828 Length: 10 Pages Document Type: Essay Paper #: 61425189

Decision Making

Barnes and Noble Inc. is one of the most successful bookstores in the world. The company operates throughout the United States and boasts roomy inviting stores. In addition to books, the company also sells DVDs and music. The company operates both brick and mortar stores and it is also the largest internet bookstore. Furthermore, Barnes & Noble, Inc. is a Fortune 500 company and the largest bookseller in the world. In addition, "The company is a leading content, commerce and technology company that provides customers easy and convenient access to books, magazines, newspapers and other content across its multi-channel distribution platform. As of January 29, 2011, the company operates 705 retail bookstores in regional shopping malls, major strip centers and freestanding locations in 50 states, and 636 college bookstores serving nearly 4 million students and faculty members at colleges and universities across the United States (For Investors)." The…… [Read More]

Works Cited

Barnes & Noble Annual Report 2010. Retrieved from;  http://www.barnesandnobleinc.com/documents/bn_annual_report_2010.pdf 

Corporate Governance Guidelines. Retrieved from;  http://www.barnesandnobleinc.com/for_investors/governance/Corporate_Governance_Guidelines/Corporate_Governance_Guidelines.html 

For Investors. Retrieved from;  http://www.barnesandnobleinc.com/for_investors/for_investors.html 

Forman C., Ghose, A., Goldfarb, A. (2009) Between Local and Electronic Markets: How the Benefit of Buying Online Depends on Where You Live. 55(1)
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Decision Making Decision-Making Scenario Anderson Children's Hospital

Words: 1171 Length: 4 Pages Document Type: Essay Paper #: 34289468

Decision Making

Decision-making

Scenario

Anderson Children's Hospital (ACH) is an internationally known and recognized pediatric hospital that provides the full range of services from primary to critical care units, located in San Francisco, CA with affiliated care centers throughout the Bay Area. The board of directors at ACH would like to create a mobile-crisis program to be piloted in the City of San Francisco and eventually grow to service the entire Bay Area. The following sections present the process through which the Board of Directors is trying to navigate towards its final decision.

Core question

At the core of the following proposal is this 2-part question: Should ACH create a mobile crisis program to be piloted in the City of San Francisco for (up to) one year with the intent of expanding its funding, personnel, and service area over the next 3-5 years throughout the entire Bay Area and if…… [Read More]

References

Liese, Friedrich and Miescke, Klaus-J. (2008). Statistical Decision Theory: Estimation, Testing, and Selection. Springer.

Bernardo, JE & Smith, Adrian (2000). Bayesian theory. New York: Wiley.

Ahrens, J., & Dieter, U. (1982). Computer Generation of Poisson Deviates. ACM Transactions on Mathematical Software 8 (2): 163 -- 179.
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Decision Making in Business Recommendations

Words: 2592 Length: 9 Pages Document Type: Essay Paper #: 9306311



In other words, throughout the transition period, Onetech would create efficiencies and would consolidate its position. In the future however, it is recommended that the company moved towards a strategy of diversification, as this would better satisfy customers' needs, attract them and as such create market power for the firm (Markides, 2007).

The decision making process at Onetech

The decision making process at Onetech is quite intricate, revealing both strengths, as well as weaknesses. Decisions are for instance made at the level of the board and are based on the expertise gathered by the various major players in the firm. Still, the decisions are made by the executives, with little emphasis on the input which could be provided by the employees.

In order to better assess the decision making process at Onetech, it is appropriate to analyze it through the lenses of the rational decision making model. This model consists…… [Read More]

References:

Cologon, D.R., Cohen, D.R., 2008, FileMaker Pro 9 Bible, John Wiley and Sons

Hage, M., 2007, A stakeholder concern towards an economix theory on stakeholder governance, Uitgeverij Van Gorcum

Jacobs, P.K., 2000, Minding the muse: the impact of downsizing on corporate creativity, Harvard Business School, http://hbswk.hbs.edu/item/1518.html last accessed on November 30, 2011

Markides, C.C., 2007, Diversification, refocusing and economic performance, MIT Press
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Decision Making in Project Management

Words: 639 Length: 2 Pages Document Type: Essay Paper #: 30596592

he managers should also develop plans that refer to the human resources that must be included in their projects. his is because these projects usually require that certain experts are hired and involved in the project team. he effects of the projects must be carefully evaluated and presented to Childs.

3. hese projects are likely to provide important effects for the company, but they also require important resources. herefore, it is recommended that Childs takes these projects into consideration by allocating different levels of financial resources to their managers. However, the most important sum should be allocated to yler's project. his is because increasing the efficiency of the company's production flow is able to provide important effects on medium term and on long-term. his could help the company significantly improve its position on the market.

he project developed by Julie should also benefit from certain resources. his is because the…… [Read More]

The project developed by Julie should also benefit from certain resources. This is because the company has already invested in it and other companies seem to develop similar projects, which means the strategy is correct. Therefore, with higher levels of resources involved in the project, its objectives could be reached easier. Childs should also invest in purchasing computers by investing in the project developed by Jeff. It is important that the company's activity is supported by technology. This is because most companies make important efforts in investing in technological developments in order to improve their performance. The company should also invest in the marketing activity managed by Joe. The company's performance on the market can be significantly influenced by developing and implementing innovative marketing strategies. This would allow the company to increase its sales and to improve its market position.

Reference list:

1. Turbit, N. (2011). Project Risk Management. Retrieved May 7, 2011 from  http://www.projectperfect.com.au/info_risk_mgmt.php .
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Decision Making and Organizational Change and Development

Words: 2237 Length: 7 Pages Document Type: Essay Paper #: 69286277

Decision making is a term that can be described as the process of choosing between alternatives and entails identification, development, and selection. Based on academic literature decision making and analysis can be widely divided into two schools of thoughts i.e. analytic and experiential or incremental decision making processes (Sipp & Carayannis, 2013, p.18). The analytic school of thought on decision making and analysis primarily focuses on problem definition and identification, assessment and selection of alternatives. In this school of thought, implementation in the decision making process basically entails simple execution of the cautiously selected alternative. On the contrary, even though experiential or incremental school of thought incorporates the two major steps in decision making just like the other school of thought, it focuses more on the execution of the alternative. This school of thought on decision making also utilize feedback to make necessary adjustments to the selected alternative in order…… [Read More]

References

Barnard, M. & Stoll, N. (2010, October). Organizational Change Management: A Rapid Literature Review. Retrieved from Bristol Institute of Public Affairs website: http://www.bristol.ac.uk/media-library/sites/cubec/migrated/documents/pr1.pdf

Choi, M. & Ruona, W.E.A. (2011, March). Individual Readiness for Organizational Change and Its Implications for Human Resource and Organization Development. Human Resource Development Review, 10(1), 46-73.

Manuela, P.V. & Clara, M.F. (n.d.). Resistance to Change: A Literature Review and Empirical Study. Retrieved from University of Valencia website: http://www.uv.es/~pardoman/resistencias.PDF

Mykkanen, M. & Vos, M. (2015). The Contribution of Public Relations to Organizational Decision Making: Insights from the Literature. Public Relations Journal, 9(2), 1-17.
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Decision-Making Models Strengths & Weaknesses

Words: 635 Length: 2 Pages Document Type: Essay Paper #: 1996987



The brainstorming approach: The Grubb & Ellis Company

In contrast to the City of Miami, the Grubb & Ellis Company, a commercial real estate advisory firm, uses the 'brainstorming' method of decision-making. A creative business such as Grubb & Ellis clearly believes it benefits from a decision-making model that encourages a 'free for all' of information. In this model, individuals write down, collectively or individually, every idea that comes to mind, good or bad. No censorship is allowed. Quite often, unique and off-beat solutions are generated through this method, and sometimes even the 'craziest' ideas can germinate practical solutions.

The only problem with the brainstorming model is that because it is so democratic, the organization can get bogged down debating an array of available alternatives, when a quick decision is required. Eventually, a solution must be arrived at, and the organization may find itself forced to shift to a more…… [Read More]

References

Six-Step Decision Making Model. (201). Decision-Making Confidence. Retrieved February 12,

2010 at  http://www.decision-making-confidence.com/six-step-decision-making-process.html
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Decision-Making Enhances the Rationality of

Words: 1269 Length: 4 Pages Document Type: Essay Paper #: 16352822

The most general critical thinking strategy involves the following steps, outlined by Cohen et al. (2000). First, we propose certain statements or hypotheses. For example, I have written down my thoughts at this stage in the decision-making process if I have too many ideas. Second, we need to think of or actively solicit counter-arguments. We need alternative explanations for our observations. So in my situation, I need to brainstorm all the possibilities for a discrepancy in pharmaceutical inventory. My hunch might seem outlandish to another person and vice-versa. Only when all ideas are on the table can the project proceed in a rational, systematic manner. The third step in the Cohen et al. (2000) model is to modify the original hypotheses to take the additional information into account.

According to Paul & Elder (2002), irrational decision-making is simply a "bad habit" (146). We can unlearn this bad habit by practicing…… [Read More]

References

Cohen, M.S., Adelman, L. & Thompson B.B. (2000). Experimental investigation of uncertainty, stakes, and time in pilot decision making. Retrieved online: http://www.au.af.mil/au/awc/awcgate/awc-thkg.htm#critical

Paul, R. & Elder, L. (2002). The art of making intelligent decisions. Chapter 9 in Critical Thinking: Tools for Taking Charge of Your Professional and Personal Life. FT Press.
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Decision-Making Approaches in Decision Making Decision-Making Forms

Words: 681 Length: 2 Pages Document Type: Essay Paper #: 29668567

Decision-Making

Approaches in decision making

Decision-making forms a very significant component of success at work, at the same time it can be the cause of failure if the conditions are wrong and if those involved are not on the same page. Confusion with regard to decision-making can cause conflict to teams, supervisors, managers, and team leaders. There are various decision-making approaches that can be adopted depending on the situations, these include: consensus, majority vote, minority (subcommittee), expert, authority with discussion, and authority without discussion (Eisenfuhr, 2011). This will describe the 'consensus' and 'expert' approaches of decision-making with respect to the scenario selected.

In the consensus or group decision-making approach, the manager becomes part of the team and involves everyone who is willing and ready to contribute in the decision-making process. The fact that the word consensus is used does not signify that all those involved fully agree with whatever decision…… [Read More]

References

Bubnicki, Z. (2003). Analysis and decision making in uncertain systems. New York, NY:

Springer-Verlag.

Eisenfuhr, F. (2011). Decision making. New York, NY: Springer.
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Decision Making Model That Will

Words: 830 Length: 3 Pages Document Type: Essay Paper #: 97318839

As in any merger, the organization would have to deal with human resource issues (because the verification process was double-performed, one of the two teams needs to be reapplied within the organization), financial issues, etc.

The third option would be to create a sole compartment to deal with the verification process, a compartment that would employ human resource from both the ECFMG and the EICS. This compartment would deal only with the verification and would have several advantages. First of all, it would eliminate the original problem we had to deal with and, second of all, it would probably increase the efficiency of the compartment, with more employees and a better coordination.

In making the decision, we need to choose between deciding by majority rule and consensus building. In my opinion, in this particular case, it is best to build the appropriate consensus with all party involved. For additional information…… [Read More]

Bibliography

1. Basic Steps in Decision-Making. On the Internet at http://www.boarddevelopment.org/display_document.cfm?document_id=86
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Decision-Making Model

Words: 367 Length: 1 Pages Document Type: Essay Paper #: 19195534

Facilitators Team, 12-06-02. Decision Making Model, The Team Handbook, pp.4-20 -- 4-25. Retrieved 9-16-05, from Facilitators Team. http://www.lib.umd.edu/groups/learning/Decision-MakingModel.pdf

Roberts, Rick, unknown. 7-Step Decision-Making Model. Retrieved 9-16-05, from University of North Florida.… [Read More]

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Decision-Making in the Age of

Words: 839 Length: 3 Pages Document Type: Essay Paper #: 598504

402). Moreover, Daly and ee (2006) suggest that the probability proportionate to size method is particularly useful for sampling educational institutions for ensuring that a representative sampling is achieved. Therefore, Ms. Smith would assign larger colleges with higher enrollment rates a greater chance of being selected for her visits and correspondingly lower chances to smaller colleges with lower enrollments. In order to reduce the uncertainty involved and maximize the chances of each student having an equal opportunity of being selected for interview, this step is achieved by adjusting the probability of selecting a college during the initial stages of college selection based on the proportion of all students in the general population who are enrolled at the college. As a result, a college that had 40,000 students enrolled in its computer science program would be 100 times more likely to be selected by Ms. Smith than a smaller college with…… [Read More]

References

Becker, S. & Bryman, A. (2004). Understanding research for social policy and practice: Themes, methods and approaches. Bristol, England: Policy Press.

Daly, C.J. & Dee, J.R. (2006). Greener pastures: Faculty turnover intent in urban public universities. Journal of Higher Education, 77(5), 776-777.

Neuman, W.L. (2003). Social research methods: Qualitative and quantitative approaches, 5th ed. New York: Allyn & Bacon.
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Decision Making Within an Organization

Words: 591 Length: 2 Pages Document Type: Essay Paper #: 88690862

Collaborative Decision Making Through Share Governance

I attended a committee meeting at a local school. The committee was formed in order to come up with a proposal on how they could improve the performance of the school. Those who attended the meeting were supposed to see to it that they come up with a proposal on how the performance of the students could be improved. I was quite keen on how the committee members interacted and the process the committee used to arrive at their decisions.

I observed that the committee used both managerial level and group levels in the decision making process. First of all I observe that there were proposals from the management that were forwarded to the committee members. The management of the school had come up with their own measures that would be taken to ensure that the performance of the school would be improved. This…… [Read More]

References

MountHolyoke.(2009). Skill Building -- Group Decision Making.Retrieved August 29, 2014 from www.soas.ac.uk/admin/.../file37354.pdf

Chand, S. (2010). 4 Techniques for Group Decision Making Process More Effective. Retrieved August 29, 2014 from http://www.yourarticlelibrary.com/management/4-techniques-for-group-decesion-making-process-more-effective/3506/
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Decision-Making Model Analysis

Words: 1077 Length: 3 Pages Document Type: Essay Paper #: 81860950

Administrative model is defined as "a decision-making model that describes how managers actually make decisions in situations characterized by nonprogrammed decisions, uncertainty, and ambiguity" (Daft 1999, p. 284). This approach to decision-making recognizes that not all decisions are able to be considered and judged based on quantitative methods. While it may be preferred that decisions be made by a process where the outcomes are known and can be compared, it is not always possible to know the outcomes. For these types of decisions, a new kind of model is needed that takes into account the uncertainty. This model is the administrative model.

Herbert A. Simon is the founder of the administrative model. He considered the economic model of decision-making and noted that one major element was missing. This element was the human element. Taking the human element into consideration, Simon rejected the idea that people make decisions based on rational…… [Read More]

Bibliography

Daft, R.L. (1999). Management. Fort Worth, TX: Dryden Press.

Simon, H.A. (1979). Rational decision making in business organizations. American Economic Review, 69, 493-513.
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Decision Making Assessment

Words: 1962 Length: 5 Pages Document Type: Essay Paper #: 9448682

Business

eview of Making a Business Decision

Decision making is an unavoidable part of business. Smaller decisions where there is a lower perceived cost associated with making the wrong decision are psychologically easer compared to important decisions where a wrong choice could incur high costs. A recent example of a decision involved selecting an employee for an internal promotion. The position of team leader had become available for one of following the resignation of the incumbent team leader. The position was important for the team, and the department, as the team leader is key in managing the team from a practical perspective and ensuring that targets for the team would be met, as well as playing an important motivational role. The performance of the department was reliant on performance of each team, so the appointment was also important for the department I managed. The decision was important from the perspective…… [Read More]

Reference

Tschappeler, Roman; Krogerus, Mikael, (2011), The Decision Book: Fifty Models for Strategic Thinking, Profile Books
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Decision Making in Construction

Words: 1143 Length: 2 Pages Document Type: Essay Paper #: 90758246

Decision

As the general contractor of a medium size, one of the most important decision points in construction is a go no-go decision. Go no-go decisions have become common in the modern construction industry because of the changing marketplace that has in turn generated complex procurement choices. In light of the changing marketplace in the construction industry, construction companies face new challenges in identifying the most suitable project proposals to adopt and develop vetting measures that help in making the appropriate go no-go decision (Illia & ubin, 2014). Despite the complexities of such decisions, go no-go decisions remain very crucial choices in this sector because of their significance in weighing costs for the most appropriate project fit.

Contractors need to conduct a go no-go analysis in order to determine the best project fit depending on project specifications and needs. The analysis helps in several aspects including serving as a process…… [Read More]

References

Bagies, A and Fortune, C (2006) Bid/ no-bid decision modelling for construction projects. In: Boyd, D (Ed) Procs 22nd Annual ARCOM Conference, 4-6 September 2006, Birmingham, UK, Association of Researchers in Construction Management, 511-521.

Bryan Construction Inc. (n.d.). Design-Bid-Build Construction Projects. Retrieved February 14, 2017, from http://bryanconstruction.com/company/articles-info/design-bid-build-construction-projects/

Illia, T. & Rubin, D.K. (2014, October 6). Firms Refine Steps to Bid the Right Job. Retrieved February 14, 2017, from http://www.enr.com

Rudy, L.J. (2014, June 11). Getting Started with Go/No-Go Decision Making. Retrieved February 14, 2017, from https://business.tutsplus.com/articles/getting-started-with-gono-go-decision-making -- cms-21362
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Decision Making Models and Why They Are Hard

Words: 1083 Length: 4 Pages Document Type: Essay Paper #: 42832539

MAU Models, explain the similarities and differences between the concepts you learned in multiple-criteria decisions and using a MAU model.

The similarities and differences are that multiple-criteria decisions and MAU model allow for criteria to be examined an analyzed by assessing their impact on a decision. But with MAU model, the impact of "Pareto dominance" becomes a factor and specific criteria can be selected or dismissed based on the needs analysis of the particular decision that needs to be made. What is obtained becomes the "Pareto efficient," which makes the possibility of analysis that much simpler (Lecture Notes, 2016). The subjective process is also involved in this decision making process and therefore needs to be examined in as objective a manner as possible.

The lecture discusses four reasons why decisions are hard. For each of the reasons, explain a personal experience you have had making a decision related to the…… [Read More]

References

Kessler. (2015). Youtube. Retrieved from https://www.youtube.com/watch?v=trrvV3SM5Cc,

Kessler. (2015). Youtube. Retrieved from https://www.youtube.com/watch?v=5pHDpnVPRvs
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Decision Making by a Healthcare Leader in Case of an Ethical Dilemma

Words: 709 Length: 2 Pages Document Type: Essay Paper #: 3855789

Ethical Analysis

Memo on a Ethical Analysis

____, Student

____ (due date)

e:

Decision making by a Healthcare Leader in case of an Ethical Dilemma

in an interview of my health care administrator of the long care health facility where I work, I asked, "How do you make a wise decision in a situation relating to an ethical dilemma?"

esponse:

Description of the Answer

It seemed like my question took the administrator by surprise perhaps he did not expect such a question when I requested for an interview. However, he looked composed and amused by my question. Confidently and leaning a little bit forward and supporting his hands on his desk, he responded. He first pointed out the numerous occasions when ethical dilemmas were evident in his health care administration career at the health facility. He said that he learnt over time through many experiences and a little consultation and…… [Read More]

References

Forester-Miller, H., & Davis, T. (1996). A Practitioner's Guide to Ethical Decision Making. American Counseling Association, 1-5.

Pope, K.S., & Vasquez, M.J. (2010). Ethics in Psychotherapy and Counseling: A Practical Guide. New York: John Wiley & Sons.
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Problem Solving and Decision-Making Negotiation

Words: 3378 Length: 10 Pages Document Type: Essay Paper #: 75383089

Decision-Making

Assessing a Decision Based on Edward de Bono's Six Thinking Hats Technique

In the book Six Thinking Hats Edward de Bono describes the process of parallel thinking. This process means looking at problems from all angles at once. Edward de Bono uses the example of four people all looking at the same house. One person is looking at the front. Another is looking at the back. The other is looking at the left side. The final person is looking at the right side. These people are all arguing about what the house looks like, while each has a different view of the house. The fact is that what everyone is seeing is part of what the house looks like. But as long as they are all only seeing one side, they will never agree. They will also never really understand what the entire house looks like. The four people…… [Read More]

References

Daft, R.L. (1997). Management. Fort Worth, TX: Dryden Press.

de Bono, E. (1999). Six Thinking Hats. New York: Back Bay Books.

Furnham, A. (1993). "Reaping the Benefits of Teamwork." Financial Times 19 May 1993: 12-14.

Herriot, P., & Pemberton, C. (1995). Competitive Advantage through Diversity. London: Sage.
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Decision Making and Accounting Theories Business Owners

Words: 1802 Length: 5 Pages Document Type: Essay Paper #: 84061437

Decision Making and Accounting Theories

Business owners find that they always have to put on business hats when they are starting up or managing their businesses. However in business it is not the owners who are meant to make decisions only, decisions can also be made by employees. When classification of business decisions is done it is on the basis of how predictable that particular decision is. Programmed decisions are those that are straightforward, routine and repetitive. They can easily be dealt with by the creation of procedures and routines. On the other hand there are decisions that are unstructured and valid which do not require systems that are clear cut so as to be made. Those in business are often faced with various decisions which they have to make some of which are particularly important when it comes to the profitable existence of any business. Decisions result to success…… [Read More]

References

Kaipa, P. & Radjou, N. (2013). 7 Business Decisions That Looked Bad but Turned Good. Retrieved August 27, 2013 from http://www.cnbc.com/id/100634625

Wicks, D. (2013). Top 5 Biggest Decisions Business Owners Make. Retrieved August 27, 2013 from  http://smallbusiness.chron.com/top-5-biggest-decisions-business-owners-make-10131.html 

Krippendorff, K. (2013). The Greatest Business Decisions of All Time. Retrieved August 27, 2013 from  http://www.fastcompany.com/3001870/greatest-business-decisions-all-time 

Kruse, K. (2013). The Top 5 Business Decisions of All Time. Retrieved August 27, 2013 from http://www.forbes.com/sites/kevinkruse/2013/05/22/business-decisions/
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Decision Making Is One of

Words: 623 Length: 2 Pages Document Type: Essay Paper #: 59362340

In the case of Kava island issue, we shall reach the decision in the following manner.

White Hat / Hat #1:

This is where a person needs to consider all the available data on the issue at hand. For example we know that Kava is a land of richness. It is a place with multiple possibilities because it has a sizeable young population, is rich in petroleum, coffee, sugar and other such important items. It has people from diverse backgrounds who add to the richness of its culture and almost 15 languages are spoken in this area. But at the same time, the country is plagued with numerous problems including ever-increasing cases of HIV.

Red Hat / Hat #2:

This is where a person needs to focus on intuition. Intuitively for example we can say that Kava can be seen as a great tourist destination if developed properly. Nik's firm…… [Read More]

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Decision Making Model Decision Making Is Defined

Words: 1672 Length: 5 Pages Document Type: Essay Paper #: 45025789

Decision Making Model

Decision making is defined as the cognitive process of selecting a course of action from among multiple alternatives (Wikipedia, 2004). Effective decision making, however, is contingent on an individual or group's ability to select the course of action, which is most likely to result in goal or task accomplishment. In the business world, this is easier said than done since most decisions involve taking into consideration a myriad number of variables such as environmental factors, competitive activities, customer needs, internal goals and organizational constraints. Therefore, most organizations deem it advisable to use decision making support systems or models, which have been developed specifically to assist in the through analysis and evaluation of various alternative courses of action.

One such model is the Force Field Analysis. It is the objective of this paper to describe how the Force Field Analysis model helps weigh the pros and cons of…… [Read More]

References

Ashley, W.C., & Morrison, J.L. (1997, September -- October). Anticipatory Management:

Tools for Better Decision Making. The Futurist. Vol. 31:5, p. 47+ Retrieved Nov. 24, 2004: www.questia.com

Bauer, G.J., Baunchalk, M.S., Ingram, T.N., & Laforge, R.W. (1998). Emerging Trends in Sales Thought and Practice. Westport, CT: Quorum Books.

Bounds, G.M., & Stahl, M.J. (1991). Competing Globally through Customer Value: The
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Decision Making Tool Forced Field Analysis A

Words: 882 Length: 3 Pages Document Type: Essay Paper #: 78303883

decision making tool.

Forced Field Analysis: a decision making tool

In business applications, health care, or private life there arise many occasions when one is faced with making a major decision. Although many individuals face such instances with their wits alone, relying on his or her "gut feelings" to assist them in their quandary, many find that such an unscientific approach can lead them to the wrong action. Indeed, when one lacks a basic "tool" approach to decision making, the odds of coming to the correct or workable solution is significantly reduced in most circumstances. Having a method such as the "Forced Field Analysis" tool is extremely useful.

In simple terms, Forced Field Analysis involves identifying, compiling a list concerning, discussing and evaluating the possible "forces" in favor of as well as against a possible change or decision. In essence, the technique helps the decision maker see the true context…… [Read More]

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Decision-Making What Are the Newest

Words: 689 Length: 2 Pages Document Type: Essay Paper #: 96315243

The dominant, goal-oriented person can focus on the ultimate objective, the influence-based person can examine the interpersonal dynamics of the decisions that must be made, the steady person can foster harmony and a positive atmosphere, and the conscientious person can stay on task in a reliable fashion. hile clashing personalities can thwart reaching positive and goal-directed solutions, they can create a better solution and check the excesses of one another, like the selfishness and refusal to consider the human element in the dominant personality, the disorganization of the influence-based person, the risk-adverse views of the steady person, and the rule-bound contentious type. Communication can be facilitated through email and other constant types of technological contact on a daily basis -- this can create better group bonding, although there is always a risk that the brevity and informality of the format can create rather than break down barriers.

Modern decision-making theory,…… [Read More]

Works Cited

DISC: Explanations and preferences. (2005). Changing minds. Retrieved August 20, 2009.

 http://changingminds.org/explanations/preferences/disc.htm
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Decision-Making Methodologies

Words: 662 Length: 2 Pages Document Type: Essay Paper #: 81273721

Decision-Making

My taxonomy of decision-making approaches will be based, somewhat loosely, on brain dominance theory combined with what I have seen in my experience. The underlying principle is that people are either analytical or emotional in their decision making. These are the two basic types, but within these there are differences as well. For example, rational decision-making can be purely statistical -- using the numbers to guide the process, or it can be more qualitative-rational. On the emotional side, decision making can be "gut," which is fairly reactive, or it can be based on past performance, so more of a "what has worked before."

In the middle is a hybrid, which relies on a heavy amount of analysis, before the final decision is based more on feel. There might not be a much academic support for this one, but I do it myself all the time. The use of gut…… [Read More]

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Decision Making Techniques Decision Making

Words: 759 Length: 3 Pages Document Type: Essay Paper #: 25195244

For each cell, decide which of the two options is more important. Write down the letter of the more important option in the cell, and score the difference in importance from 0 (no difference) to 3 (major difference).

5. Finally, consolidate and sum the results by adding up the total of all the values for each of the options; and then convert these values into a percentage of the total score.

As a simple example, a business is looking at several ways to expand its market share. In doing so, it comes with the following options as shown below:

1. Use electronic commerce for serving customers

Expand business in home markets

3. Improve customer satisfaction

4. Improve the quality of service

Firstly the manager draws up the Paired Comparison Analysis table in Figure 1:

Figure 1: Example Paired Comparison Analysis Table (not filled in):

Use electronic commerce (a)

Expand into…… [Read More]

References

Carlsson, C. And Walden. P. (1995). AHP in political group decisions: A study in the art of possibilities. Interfaces 25:14-29.

Saaty, T.L. (1990). Multicriteria decision making: The analytic hierarchy process. RWS Publications, Pittsburgh.
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Criminal Justice and Decision Making

Words: 758 Length: 3 Pages Document Type: Essay Paper #: 66766727

Organizational Design and Development

In the criminal justice organization, the decision making process is very important. It is also extremely hierarchical in nature, because it requires that people in all levels follow the chain of command for their particular department or other entity. In other words, a police cadet who is on the lowest rung of the advancement ladder would have a number of people above him or her, from which he or she would be required to take orders. Additionally, if there are organizations that have jurisdiction over the criminal justice organization in which that cadet works, he or she would also be required and expected to take orders from those individuals, as well. That is highly significant, and well worth noting, because a failure to understand how the organizational design and development of a criminal justice organization actually works can mean a lack of true respect for a…… [Read More]

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Planning Decision Making Planning and Decision Making

Words: 2591 Length: 8 Pages Document Type: Essay Paper #: 42952579

Planning Decision Making

Planning and decision making are two main and fundamental processes of an organization. Planning is one of the main factors with the help of which an organization can determine where it wants to be in the future. It is planning with the help of which an organization can determine as to what can be done in order to accomplish the mission and aims that an organization has. One of the basics that are followed during planning includes achievement of the objectives that the organization has. In order to have better planning, there are four main facts that are needed to be kept in mind by the planners in the organizations. These include mission, values, resources, as well as the environment of the organization as these are the four main facts that help in having better planning within the organization.

Decision making is the second important foundation of…… [Read More]

References

Beecher, J.A. (1996). Avoided cost: an essential concept for integrated resource planning. Water resources update (104).

Boutilier, C., Dean, T., and Hanks, S. (1999). Decision-Theoretic Planning: Structural Assumption and Computational Leverage. Journal of Articial Intelligence Research 11 (1999)1-94.

Dreu, D., Carsten K.W., and West, M.A. (2001). Minority dissent and team innovation: the importance of participation in decision making. Journal of applied psychology, 86 (6), pp. 1191-1201.

Kiker, G.A., Bridges, T.S., Varghese, A., Seager, T.P., and Linkovj, I. (2005). Application of Multicriteria Decision Analysis in Environmental Decision Making. Integrated Environmental Assessment and Management 1, pp. 95 -- 108.
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Psychological Barriers to Effective Decision-Making

Words: 1226 Length: 4 Pages Document Type: Essay Paper #: 64399352



The recency effect: most manager at times have an overreliance on the most readily available information to make decisions, it commonly occurs when carrying out annual performance evaluations of employees where recent performance of the employees plays a major role than accomplishments that have taken place in the earlier periods of review, this has an adverse effect has it may lead to the deviation of the set desired goals. (John k.bochardt 2010)

Anchoring bias: in most cases the price tags on products often if not always affect the purchasing negations between consumers and retailers, and most of the time consumer's end up paying higher prices for the product than necessary. This notion that sometimes leads us to allow initial reference point to distort our estimates is what professor oberto refers to anchoring bias.

From a marketing point-of-view anchoring bias can come about when negotiating the renewal of a contract with…… [Read More]

References

John k.borchardt (2010): overcoming barriers to effective deciosion making. An examination of cognitive bses that cause us to make poor decisions

Retrieved from:http://www.ncmahq.org/files/Articles/CM0610%20-%2054-61.pdf

Andrew T. Chadwick and Matthew D. Segall: Overcoming psychological barriers to good discovery

Decisions:
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Capital Decision-Making it Presently Little

Words: 1647 Length: 6 Pages Document Type: Essay Paper #: 48549268

" (Kinnunen, 2004) the work of Kaplan and Schroar (2003) states findings that the past performance is highly relative to capitals flows to private equity funds.

The work of Mishra, Kemmerer, and Shenoy entitled: "Managing Venture Capital Investment Decisions: A Knowledge-ased Approach" relates the building of a causal map of the investment decision through use of interviewing venture capitalists and then converting this information into a "causal ayes net" which are stated to be "especially suited for domains characterized by a high degree of uncertainty." (Mishra, Kemmerer, and Shenoy, 2001) This technique has also been utilized in developing artificial intelligence and even used "in medical diagnosis, modeling portfolio risk and return, and new product development..." And are based on "probability theory." (Mishra, Kemmerer, and Shenoy, 2001) This method is reported to be one that increases the likelihood of gaining an understanding of the decision-making process of Venture Capitalists (VCs) and…… [Read More]

Bibliography

Kaplan, S. & Schroar, a. 2003. Private Equity Performance: Returns, Persistence and Capital Flows. MIT Sloan Working Paper No. 4446-03; AFA 2004 San Diego Meetings.

Cochrane, John H. The Risk and Return of Venture Capital. Working paper, University of Chicago, 2001.

Kinnunen, Harri (2004) Institutional Investor's Decision Making Criteria for Investing in Venture Capital Funds. Frontiers of E-Business Research 2004. Online available at http://www.ebrc.info/kuvat/695-709_04.pdf

Patel, Pankaj and D'Souza, Rodney (2008) Uncovering Knowledge Structures of Venture Capital Investment Decision Making. A Working Paper for SBA Office of Advocacy. Jan 2008. Online available at http://www.sba.gov/advo/research/rs315tot.pdf
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Hot Seat an Ethical Decision-Making

Words: 1188 Length: 4 Pages Document Type: Essay Paper #: 72488009

Moreover, the simulation also made available several branching and interdependent decision pathways. The simulations presented in the beginning pertinent background information and then subsequent screens presented at least three decision choices. Based on the selection, a new screen presented the client's response. The process ended when the students reached the end of a decision pathway. The simulation also took into account that many counseling situations do not have right or correct answers, and may be ambiguous. The realistic choices offered, were meant to encourage students to engage in critical thinking. Moreover, situations were also designed so that more than one ethical code would apply to each situation. But when students chose a decision pathway, the responses were true to life. After making the decision, the students had to confront with the typical consequences of their decisions. Ethical decisions required that students determined the relevant sections of the various ethical codes…… [Read More]

References

Frame, M.W., Flanagan, C.D, Frederick, J., Gold, R., Harris, S.(1997). You're in the hot seat; an ethical decision-making simulation for counseling students. Simulation and Gaming, March Vol. 28, No. No. 1, 107-115
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Identification Decision Making and Problem Solving in

Words: 977 Length: 3 Pages Document Type: Essay Paper #: 24838578

Identification

Decision making and problem solving in companies are probably the most important processes in any business. These processes ensure that companies run smoothly and effectively. There are a variety of decision-making and problem-solving processes that ensure the effectiveness of business processes. Often, these are chosen on the basis of their effectiveness in the particular business setting involved. The automotive industry, for example, would not function on the same decision-making process as a childcare business. Particularly, problem identification relate to various problem-solving styles, including the morphological approach, the Kepner-Tregoe approach, inventive problem solving, constraints thinking, the collective-participative style, and the fairness approach. These will be related to five types of businesses, including an automotive business, a restaurant, an electronics business, a DVD store, and a preschool,

The first important step in problem solving is problem identification (Reference for Business, 2010). All five businesses investigated have a problem identification process in…… [Read More]

Sources

Jones, D, Padgett, M., Rose, C., and Weilacker, R. (2009, Aug. 3) Problem Formulation and Identification. Retrieved from:

http://www.scribd.com/doc/20393304/Team-Sample

Pashiardis, P. (1994). Problem and Dilemma Identification and Formulation as the Most Critical Element of the Decision-Making Process: Behavioral Biases and Characteristics. International Intervisitation Programme in Educational Administration. Retrieved from: http://www.eric.ed.gov/PDFS/ED375465.pdf

Reference for Business.. (2010). Problem-Solving Styles. Encyclopedia of Business, 2nd ed Retrieved from:  http://www.referenceforbusiness.com/encyclopedia/Per-Pro/Problem-Solving-Styles.html
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Downsizing Decisions Decision Making in the Face

Words: 1340 Length: 4 Pages Document Type: Essay Paper #: 29855912

Downsizing Decisions

Decision Making in the Face of Downsizing and Acquisitions

In the period of financial instability that has defined the last decade, labor realities have been unpredictable at best and downright cruel at worst. Downsizing and Acquisitions have become two of the watchwords for employee insecurity, signaling the often shifting needs of corporations either struggling for survival or seizing growth opportunities. For those with the unenviable task of decision-making in the face of these realities, an array of data, factors and approaches will enter into the ultimate process of laying off employees and bolstering the morale of those who will be retained. The discussion hereafter considers many of the conditions that drive this decision-making process and that shape its consequences.

Supporting Information:

It should universally be the case that financial imperatives provide the information from which decisions will be made. Downsizing is rarely engaged without an economic pressure or…… [Read More]

Works Cited:

Church, A.H. (1996). From Both Sides Now Organizational Downsizing: What Is the Role of the Practitioner? The College of St. Scholastica.

Heil, K. (2005). Downsizing and Rightsizing. Encyclopedia of Management.

Hoffman, R. (2001). The Dynamics of Downsizing. Inc.

James, A.D.; Georghiou, L. & Metcalfe, J.S. (1998). Integrating Technology Into Merger and Acquisition Making. Technovation, 18(8-9), 563-573.
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Ford Decisions Decision-Making and Management

Words: 946 Length: 3 Pages Document Type: Essay Paper #: 13671964

This is a process which combines both sound organizational theory and the democratic corporate governance to help a company like Ford enact all its moving parts in the face of the current crisis.

3) Explain how any additional information you propose could be of benefit to the decision making process of the organization.

Decision-making is impacted by a wide variance of concerns and conditions, many of which will be relegated in consideration behind some more dominant areas of concern such as accounting conditions or market sales. However, it is not always possible for the immediate leadership team to consider all relevant aspects of a decision given the many responsibilities and roles implied by management or administrative authority. Therefore, it will often fall upon members of the organization at other levels to add important peripheral concerns to the conversation surrounding a decision. For instance, in making decisions regarding borrowing in the…… [Read More]

Works Cited:

Datta, K. (2009). The 'Ford' Test of CEO Success. Rediff Business.

McIntyre, D.A. (2009). It Was Inevitable: Ford Can't Dodge the Financial Bullet. Time. Online at http://www.time.com/time/business/article/0,8599,1883276,00.html

Shepard, G. (2005). How to Make Performance Evaluations Really Work. Wiley Publishers.
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Ethical Dilemma the Fourteen Decision-Making

Words: 887 Length: 3 Pages Document Type: Essay Paper #: 43047228

hen searching for ideas use imagination and stimulate that imagination by brain-storming with others and reading the latest publications on the topic -- remember that approaches for difficult issue are always changing. Ten years ago, antidepressants were prescribed almost automatically for depression, now the use of such medication and their side effects, especially in teens, is under scrutiny.

Step 6: Evaluate the evidence

Sometimes writing things down can be helpful. hen contemplating different strategies of approaching the topic, charting and rating evaluations of the tentative solutions provides clarity. Viewing any data and studies side-by-side can be useful as well. Compare and test these solutions in a series of hypothetical scenarios before trying them out in the real world.

Step 7: Make the educated guess (hypothesis)

After reviewing the evidence, boil down the client's situation into a general statement. Make an educated guess about what is the core problem; choose the…… [Read More]

Works Cited

Decision-making worksheet. (2009). Decisionmaking.org. Retrieved February 22, 2009 at http://www.decisionmaking.org/worksheet.pdf

Fourteen decision-making steps
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Family Decision Making During the

Words: 1190 Length: 4 Pages Document Type: Essay Paper #: 96729857



To batter understand the mechanisms of decision making and purchase behavior within an adoptive family take the case of a nuclear family, formed from a 48 years old mother, a 51 years old father and an adopted 15 years old son. The mother is a clinical psychologist and the father is currently an out of work electrician. In this particular case:

big ticket purchases are generally decided by the mother, since she is the sole provider of the family; the father is charged with the family vacations food and toiletries are purchased on individual preference basically because the mother does not have enough time to cook group decisions are made in regard to the places where to dine out or electronic appliances to be purchased for the home the child's power of influence is revealed by his capability to research certain products and provide his mother with the required information…… [Read More]

References

Mann, a., Consumer Behavior - Family Purchasing Decisions Making Process, Ezine Articles, Retrieved at http://ezinearticles.com/?Consumer-Behavior-Family-Purchasing-Decisions-Making-Process&id=307532on February 8, 2008

Business Standard, 2004, Marketing with Precision, Rediff, Retrieved at  http://imdownloads.rediff.com/money/2004/oct/28guest2.htm . On February 8, 2008

Chamberlain, B., Types of Families, Retrieved at http://www.hhs.wash.k12.ut.us/department/health/masters/ch5l1/type.htm. On February 8, 2008

Perner, L., PhD., Consumer Behavior: The Psychology of Marketing, Consumer Psychologist, Retrieved at http://www.consumerpsychologist.com/on February 8, 2008
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Consumer Behavior Models Decision Making Model Maslow's

Words: 681 Length: 2 Pages Document Type: Essay Paper #: 68278148

consumer behavior models: decision making model, Maslow's hierarchy, Freudian Theory, Non- Freudian theory, Trait theory, learning process.

eflect individually on how your understanding and interpretation of the consumer decision-making process might influence your thinking when applying marketing principles in future business roles.

According to Maslow's hierarchy of needs, all human beings are driven to fulfill certain needs and desires, but some needs are perceived as having priority over other needs. Until basic needs such as food and shelter are met, the individual cannot think about higher-level needs like social approval and self-actualization (Simmons et al. 1997). When consumers are making choices about what to buy and what not to buy, Maslow's hierarchy often seems to be operating in a clear and logical fashion. During a recession, most consumers cut back on luxury items designed to impress others, like restaurant meals and name-brand clothing. Consumers who are struggling with their budget…… [Read More]

References

Oxoby, Robert J. (2004, October). Cognitive dissonance, status and growth of the underclass

The Economic Journal, 114: 727 -- 749. Retrieved March 24, 2011 at http://people.ucalgary.ca/~oxoby/Oxoby%20EJ.pdf

Simons, Janet A., Donald B. Irwin and Beverly A. Drinnien. (1987). Maslow's hierarchy of needs. Psychology: The search for understanding. West Publishing Company, New York, 1987. Excerpt retrieved March 24, 2011 at http://honolulu.hawaii.edu/intranet/committees/FacDevCom/guidebk/teachtip/maslow.htm
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Organization Decision-Making

Words: 2990 Length: 7 Pages Document Type: Essay Paper #: 10032150

Organization Decision Making

Within an organization, there have to be many changes taking place at all times, without which the organization may stagnate and start to decline. These changes would have to be organization-wide, rather than small changes like changing the program, adding a new person, and so on. Some examples of organization-wide change are a change in the mission of the company, or a restructuring of operations, or maybe an addition of a new technology, or a merger, etc. In general organizational change is provoked by a need for accomplishing some preconceived goal, or it is caused by some outside force like for example, a need for cutting costs within the organization, or a need to increase declining productivity. Although it is a fact that organization wide change is difficult to accomplish, primarily for the reason that many people are afraid of change of any kind, even though it…… [Read More]

References

Are You a Good Decision Maker? Retrieved From

http://www.onlinewbc.gov/Docs/manage/decisions.html Accessed on 14 July, 2005

Best Corporate Change Resources. Retrieved From

http://cor-ex.com/sites/bestchng/Sites/Change-Consultants.htm
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Healthcare Budgetary Decision Making With Resources Becoming

Words: 638 Length: 2 Pages Document Type: Essay Paper #: 94531660

Healthcare Budgetary Decision Making

With resources becoming increasingly limited in the healthcare industry, managers are continually challenged with devising effective strategies for dealing with budgetary concerns. The most prominent challenge comes in the form of decision making that results in striking a balance between cost reduction and the maintenance of high quality care and safety for patients. The following discussion outlines approaches that can be utilized by managers to effectively deal with budgetary concerns in healthcare settings, with an emphasis on the advantages of group decision making strategies.

It is evident that there is often a struggle in the healthcare industry for managers to continually and effectively manage depleting resources, address the ever-changing needs of patients, and all the while provide a high level of patient care (Sibbald et al., 2010). This struggle has at its core a need for improvement in regards to the processes in which priorities are…… [Read More]

References

Burleson, G. (1984). Management, budgeting and the use of resources -- a private sector review. Hospital and Health Services Review, 80(3), 124-5.

Sibbald, S.L., Gibson, J.L., Singer, P.A., Upshur, R., Martin, D.K. (2010). Evaluating priority setting success in healthcare: a pilot study. BMC Health Services Research, 10, 131.

Xie, H., Chaussalet, T., Toffa, S., Crowther, P. (2005). A software tool to aid budget planning for long-term care at local authority level. Studies in Health Technology and Informatics, 114, 284-90.
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Five Major Characteristics of Group Decision-Making

Words: 2030 Length: 7 Pages Document Type: Essay Paper #: 59715144

Group Decision-Making

Decision making in institutes have been depicted as a progression of conduct with the full amount of level-headedness at individual excessive, as well as absolute illogicality at the other excessive. The depiction entails that no more than illogical decision making brings about individual morals priority in excess of economic principles. There must be a way of finding some focal point amid these ends, as it is obvious that any of this set of values can be overlooked. Many a times, managers have been brazen out with the responsibility coming up with stern, objectionable, as well as obnoxious slashes of workers along with services in a speedy approach, for the reason that, in a way, they botched to pay attention to the earlier decisions as per economic values. In the same way, institutions have also been pushed to decision retracting as well as acting in a more confusing way…… [Read More]

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Ethics and Decision Making With

Words: 4532 Length: 15 Pages Document Type: Essay Paper #: 18079971

In the former approach, tradable goods, money or services are exchanged between buyers and sellers at a rate that is agreeable to all parties. This approach assumes both the buyers and sellers have enough money, services or goods to have their needs met. The latter approach, public provision, is when all is available to those on an as-needed basis.

The Pharmaceutical and Manufacturing Association warns that whenever there is government control of prices it only has a negative impact on those who are in need of being helped: 1) When funding for new medical technology, cures for diseases and research and development are diverted to more lucrative economic areas; 2) Incentives to enter the pharmaceutical industry decline; 3) More restrictions are placed on providers; 4) the quality of medical care suffers and 5) This leads to a rationing of care. Instead, the association says there has to be a healthcare…… [Read More]

References

Barry, W., and Shaw, V. (2006) Moral Issues in Business. Belmont, CA: Wadsworth.

Donaldson, T., and Werhane, P. (2007) Ethical issues in business: a philosophical approach. Englewood-Heights, NJ: Prentice Hall

DesJardins.(2008) an introduction to business ethics. New York: McGraw Hill.

Friedman, M., & Becker, G. On economics. (2008) Chicago: University of Chicago.
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Cardsmax Decision-Making Is a Key Part of

Words: 1160 Length: 4 Pages Document Type: Essay Paper #: 80862828

Cardsmax

Decision-making is a key part of what pilots have to do on a regular basis. It is paramount not only that pilots have the ability to make sound decisions, it is also important that they have the skills available to determine which choices are the most sound for any given situation. This essay is an attempt at explaining the process of decision making in pilots, as well as what can be done to make the process more fluid. In a hope to give clarity to the decision making process, how these skills are acquired as well as what can possibly improve one's ability to make better more sound decision making, was researched through the compilation of various writings of research concerning pilot's and the decision making process. It is important to be able to understand what facts play a key role in a pilot's ability to make sound decisions;…… [Read More]

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Entrepreneurial Decision Making Every Human Being Makes

Words: 696 Length: 2 Pages Document Type: Essay Paper #: 48408070

Entrepreneurial Decision Making

Every human being makes decisions constantly, almost every waking minute of his or her day. The difference between decision making for one's own business enterprise, and the typical human decisions to be made, in general, is in the purpose and the process of decision-making in the former scope, especially in regards to meeting the goals that a said business entrepreneur has set out for himself or herself.

A perfect example of decision-making in a well-known company is that of Steve Jobs in creating the first iPod, a drastic new direction for the under-represented Apple Corporation. After losing a significant share of the market in the PC arena in the 1990s, Apple CEO Steve Jobs radically reshaped the future image of the Apple brand. His platform was not to compete in a technical battle, which was already flooded with competitors from all over the world, but rather decided…… [Read More]

Works Cited:

No Author. (2012). All about Steve Jobs. Retrieved from, .

MACROBUTTON HTMLDirect

No Author. (2012). Apple. Retrieved from,

MACROBUTTON HTMLDirect