Decision Making Essay Examples and Topics. Page 2

It is important to introduce innovative approaches to marketing, which means that the brand product may need slight rebranding.

The purpose of this paper is to discuss the way Seven Cycles utilizes its forecasting strategy and the effect it has on its organizational decisions.

In car sales, the style used for decision is intuitive, although it is subject to change depending on the urgency of a decision.

The most important thing for organizations in solving production failures is the adoption of an effective problem-solving approach. When will the production problem occur?

The decision remains with the financial controller of the donor-corporation who is tasked with advising its organisation on whether to grant the funding.

The debt to equity ratio evaluates the quantity of assets in Virgin Australia Holdings Ltd and Qantas Airways Ltd that are financed by debt matched up to equity elements like sustained income and stock sales.

This should not be the case, an individual is supposed to involve him/herself in a career path that they have interest in, work hard and earn as much as they can.

This company has presented an estimated budget of $ 450, 000 but on the condition that any additional cost would be taken in by company A, Michael has to make a decision on the best [...]

The decision-making process begins with ascertaining the decision-maker and participant followed by minimizing potential discrepancies regarding the delineation of the problem, its prerequisites, objectives, and yardsticks.

The main objective is to minimize costs while at the same time increasing benefits to the organization. The difference between the two costs is what forces one to leave one alternative and choose the other.

This change in America's demographic structure has resulted in the emergence of various agencies whose role is to care for the aging in the society. The agency is committed to providing quality life for the [...]

The aim of this paper is to review the decision-taking tool from the perspective of uncertainty, and by the means of calculating the credibility of the possible outcomes.

The models of judgment so involved in the making of the deliberate and usually rational choice may be explained by the decision theory.

She is taking advantage of this plus point in her career by performing tasks in the ER which she is not licensed to.

The notion of probability and its main rules are relevant to workplace decision-making and applied to the selection of investment opportunities.

Due to the need to embrace not only the argued point of view but also the opposing one, as well as the multitude of factors that shape decision-making, one should approach the process of structuring [...]

Secondly, the team should be structured in such a way that each of its members is able to evaluate the combined possibilities of achieving the desired results and understand the outcomes of medical intervention.

The fundamental distinction between the types of planning concerns it being strategic or tactical, and in this paper, these two types will be examined along with the analysis of the decision-making process as a whole.

The decision to turn down the invitation will have beneficial effects for Joe, as he will have the prospect of improving his career path thanks to the time available to prepare for negotiations.

Recent years are characterized by increasing awareness of the importance of the quality of both products and services, and the need to have ways to measure and evaluate it.

First, discussing the way decision-making during a fire is affected by such factors as an overload of information, it should be stated that this factor is one of the most important in such a situation.

The four-step process of problem-solving is the best step that can be utilized by Al Tayer to solve problems realized in the company strategy.

Most successful companies are characterised as: risk lovers, multi decision makers, adaptive to changing market environements, outwardly focussed, innovative in product development and finally are market leaders.

In this case, the underestimation of the alternatives led to the rise of the uncertainties related to the decision-making while questioning the future profitability of the organization.

If she does not wear the ring the interviewer cannot assume the marital status of the woman; wearing the ring reveals the woman's marital standing.

First, in Utilitarianism, the decision-makers should not only consider the happiness that the decision brings but also the unhappiness or pain.

For example, Virgin mobile achieved enormous success in the American market since it focused attention on a particular segment of the market and supplied most of their needs, winning them over in the process. In [...]

Both Dominant and Interactive styles share an outward focus, and similar interests, which can be used as an agreement in the team in the team.

Scientific thinking is one of the three styles of critical thinking and it is applied during decision making process in conjunction with the other two which are logical as well as persuasive thinking.

The case of Able Corporation and its subsidy Walden International shows that the decision-making process had a great impact on corporate governance and the effective performance of the corporation.

And where specific environmental needs outstrip the power, and therefore the responsibility, of the individual corporation, conscience demands more reaching out to and eventually with other corporations in an industry, a geographical area, or a [...]

The credit card company recovers much of its money by charging higher interest rates from the beginning so that by the time the borrower stops to repay, the higher interest charge will have helped to [...]

Decision support systems or just DSS could be defined to be the empirical application of computer software programs in order to break down and analyze an array of business data through the processes of data [...]

In spite of the popularity of the decision-making process, many critics admit that "the ideal decision-making process is unrealistic" because economic, social, and political changes affected modern society and an organization.

It is vital to study the link between culture and a decision-making style to analyse the motives and outcomes of choices.

First, the fact that advocacy aims to get an idea passed regardless of the consequences, was the wrong decision-making approach as it led to the death of 7 people.

The main goals of this paper are to discuss this issue, referring to examples from real life and apply specific steps for evaluating the effectiveness of an important decision that is made quickly and frequently.

Decision-making plays one of the key roles in a company's operation: it assists in utilizing the resources that are normally used as a means to achieve the initially set goals. Naturally, the faster is the [...]

In order to prevent the development of confirmation bias, managers must be aware of it and ready to learn and accept new information.

One of the examples of automatic or fast thinking is when a person sees a pleasant advertisement, and his/her mind creates a perception about the product.

Besides spending a lot of time studying, I had to part with the explicit cost in the form of school fees. In summary, the implicit cost of proceeding with education at the university was very [...]

I discussed the issue of the tablet with my family, and to my surprise, they loved the idea even though no one had acquired a tablet yet in the family.

In case the competitors are reluctant to cooperate, the manager will have to change the 'game field' and offer products or services of higher quality.

Despite the fact that, when choosing between the real estate and the real franchise, the decision based on the profitability of the former option is obvious, further analysis of the associated risks shows that the [...]

The idea was to manage the business and stay in the house. Thus, the decision to purchase a house became the foundation of the decision problem that this paper describes.

The main problem in the selected scenario is the concatenation of circumstances that place the subject in a position of having to make some difficult choices, all of which have significant consequences if avoided.

When making a certain decision, it is important to consider all the involved elements in order to achieve the desired results and avoid consequences that would affect either party in a negative manner.

The redeeming quality here is that ethical values tend to have the same elements in all places across the globe. In some cases, I have found that it is better to adjust my outlook to [...]

As a core competency in leadership, decision-making is the logical approach to the dissemination of guidelines and a stringent measure in how order, power, rationality, identity, and decision intelligence play a role in rule-following and [...]

Another reason for the rejection of the proposal is that the management will be in control of the union when the governor decided to take works to some of the departments.

Thus, it is the role of the critical thinker to make sure that the evaluation drawn from such a breakdown is defensible.

You need to explain 'who' the organization is and provide a description of the leadership. You need to ask yourself what the likely result of your decision is.

The opening hours have to be convenient for both the customers and the members of staff so that the needs of all stakeholders are taken care of.

Therefore, part of the recommendation is to have a mechanism for incorporating the view of other stakeholders in decision-making in a way that does not delay the process as a remedy to prevent bias. I [...]

Third, I had to evaluate the list of colleges and universities that I worked out on the previous step. Finally, I was admitted in one of them and proceeded to the loyalty stage.

Because all my friends often spoke well of the product, I initiated a purchase decision because I could afford it and that my exact size was available.

When it comes to problems associated with the process of group decision-making, it is important to pay close attention to the situation of decision-makers and their knowledge levels.

It scrutinizes the impending threats, the probability of adverse effects bound to come, the level of interferences, financial implications, and the effect of decision making at the time.

According to Ennis, one can view "critical thinking as a way of becoming aware of and taking control of one's thinking processes to think more effectively".

This is because it consists of a detailed guideline that takes into consideration all the factors in the environment that may influence the goals, missions, and leadership statements. The position of a leader that I [...]

The standard of ethical conduct states that in cases similar to that of Generic Pharma the FDA employee in question should inform his agency and receive authorization for proceeding with the activity. She should be [...]

The goal of this case study is to evaluate the decision-making of the leadership of the Lenovo company, which grew into a successful large-scale corporation, through a review of the organization's goals, point of view, [...]

Opportunity costs of the choice I was considering were the cost of tuition and the time I would spend studying. It also allowed me to realize that by enrolling in the program, I would be [...]

They will consider the power of data to support the process. Legitimate power is the second type whereby the leader will persuade the members to focus on the process.

It is commonly believed that heuristics are not effective for decision-making because the business sphere is in the constant process of numerous changes and those methods that were employed in the past may not suit [...]

One-third of shares of this company is owned by the brother of the TPIC, who is also the vice president of the company.

The main objective of this particular research is to better inform the Australian Westfield Shopping mall's marketing department and manager of the changing consumer trends.

The rapid evolution of science and technical devices gave rise to a number of various concerns and resulted in the increased complexity of the patterns according to which the most important activities were organised.

They are always independent and original in their thinking and operations. They like orderly steps and systems that allow them to employ their skills.

The option to stay in the current company, finish my Bachelor's degree, and then go for a Master's degree with the reimbursement from my company is the safest option.

The research question identified in the assignment two is considered to be the following, namely whether the implementation of the business intelligence into the working process will beneficially influence the work of the Traffic Department [...]

For example, they are not rare in business, as the necessity to consider a situation from the ethical point of view and make a decision occurs when one and the same case is perceived from [...]

The decision to stop the production line and make the changeover is not appropriate for the company because the production process is almost finished, and only one week is needed to complete the standard run.

It is important to note that Samuelson and Zeckhauser also discovered that status quo bias is present even in the absence of framing towards gain versus loss decision.

The concept of probability, in this case, uses the assumption that the extent to which an outcome was likely to occur or occurred in the past can recur in the future.

This study aims to investigate the use of data envelopment analysis to evaluate their use in the relative efficiency of decision-making units in the manufacturing industry with a specific focus on the Malmquist Taiwanese productivity [...]

This may require the company's organizing committee, shareholders and managers sitting down to discuss the prevailing issues in the company. This is where the sales and marketing department come in to assist decision makers to [...]

More efficient software was developed to aid in the analysis of the data that was collected through the use of the C-MORE model.

It is the purpose of this paper to provide an example of critical thinking application at the personal level in addition to critically discussing the importance and benefits of critical thinking in decision-making processes.

The second tool that is used the comparison of the official websites of its competitors and the third tool is monitoring the consumer discussion about their and their competitor's products.

The leadership skills demonstrated by the leaders, the understanding of diversity that is witnessed within the group, and the ability of the individuals members of the group to relate with each other are some of [...]

On the contrary, it had a long-term cost, as the employees would be paid for as long as they continued to be employees of the company.

The authors suggest that critical thinking will aid individuals in dealing with the qualms of the contemporary society and become secure in the choices they make.

The inability of an organisation to prepare users adequately for the system change is the major cause of DSS/BI failures in many organisations.

According to the third principle, an individual should assess every decision in regard to the benefits he will achieve. The totality of an economy's strength influences the marginal costs and benefits linked to the decision [...]

In this case, I need to place myself in the position of a person who should decide if it is necessary to accept the job offer from a company that gives a higher salary.

This essay argues that emotions are integral parts of decision-making by referring to the theme of emotions, reality, and decision-making in John Updike's "A&P".

It is commonly accepted that the decision-making process includes the definition of the problem, the consideration of the decision criteria and their evaluation, and the selection of the most appropriate decision from the variety of [...]

However, a participative leader may help an organization to avert employee resistance by creating a sense of ownership in the employees.

The investigation centered on the O-ring and the SRBs and the statements of the Morton Thiokol engineers who designed the SRBs.

The manager that the decision is passed to may also find it hard to make and leaves it to the highest levels of the organization to deal with it.

Since the management determines the main changes of any organization, Katz opines that managers should act as agents of change by adopting alternative concepts that involve the employees' beliefs and ideas as opposed to emphasizing [...]

The company's mission is to be the leading company in global aluminum production. The company is perceived to be a major supplier of alloy products to the automotive industry.

This report presents the results and analysis of an investigation on the relationship between the length of tenure and divorce status of top executives of a certain corporation.

The determination of accurate information in an organization is important given that this information is used in the evaluation of the productivity of the systems of the firm.

There should be a clear flow of information from the management to the employees to ensure that all that they engage in are in accordance with the strategic objectives of the organization.

This paper employs a model known as the Kepner-Tregoe decision making model to come to the conclusion that Candidate C is best suited for the job.

The fact that there is always a solution to any problem is undeniable because all the answers are in our head.

The principal was the party responsible for evaluating the list of recruits before the final list was submitted to the board of trustees for approval.

In a nutshell, managers must understand and appreciate the norms, beliefs, attitudes, and traditions of the employees and stakeholders that they deal with in each market or country in order to make ethical decisions.

As an alternative, managers when screening or interviewing a prospective member of staff would direct the discussion in favor of the abilities and skills essential for the prospective employee to be victorious in the position [...]

The manager of the targeted firm will have to make the adequate decisions in order to support every targeted goal. These practices will ensure every organization maximizes the extent to which its managers take outside [...]

This study aims to establish the strengths and weaknesses of each of the tools that are applied in decision making at the product design phases and the areas they have been applied to provide solutions [...]

The significance of quality is evidenced by the improvement in quality management approaches such as the total quality management, business excellence, and the introduction of the European Foundation of Quality Management [EFQM].

This reflection seeks to show how a student made a decision to study for a bachelor's degree in business and quality management, the process involved in making up such a decision, information available at that [...]

Sales pipeline is represented in the form of a fraction with the numerator representing the total volume in the pipeline and the denominator representing the sales goal.

To improve communication amongst an organization it is vital that the prevailing method and level of communication within the organization is assessed.

In the context of acquisition, this rule implies that one ought not to make an acquisition as a solution to poor performance in the business.

Even when partner organizations are willing to avail reliable data for the measurement of ROI, the data for various organizations are not consistent, which presents a major drawback in the whole process.

To achieve this important feat, organizations have turned away from maintaining rigid structures and embraced the creation and internalization of permeable structures and processes that facilitate the free movement of information across all levels of [...]

In addition, Decision support is also of great benefit to knowledge workers as it encourages the exploration as well as the discovery of new ideas.

Conflicts in this institution also arise from among the physicians, the management team and physicians and between other professionals and the physicians.

Decision making is basically a process of the mind aimed at the selection of a desirable course of action from a variety of alternative solutions in response to a given problem at hand.

The decisions to be made can be as simple as deciding on the price to charge for a product or the quantity of a product to be produced.

The top management of the company made a rational decision in hiring consultants to facilitate the changes in their company. The renewal of seat assignments made the employees aware of their places and positions in [...]

Nevertheless, to address the consumer desire to have a range of contrasts to select from, when saving their images, the company decided to enhance the contrast range of its cameras.

In addition, culture being the primary determinant of the nature of attitudes, values, and personality of individuals; it has many impacts on the nature of buying patterns adopted by individuals.

Consumers' decision on the kind of services and products to purchase is normally influenced by the brand of the company. For a company to succeed in the global market, it has to assess the needs [...]

The choice of the method and the principles of running business is the first step on the way to success. The company has a limited capital, therefore, the conduction of the research with the purpose [...]

The norms in advertising and marketing in general dictate a lot of emphasis on the satisfaction of the sense of sight or rather appeasing the eyes with utter disregard to the other senses.