Decision Making Essay Examples and Topics. Page 2

251 samples

Analysis of Law Decision Making

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 [...]
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Decision-Making and Global Implications of Perceptions

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.
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Decision-Making in a Multinational Environment

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.
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Survey of Local Services

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 [...]
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  • Words: 828

A Decision of Uncertainty

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.
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  • Words: 796

Aldar Properties Company’s Decision-Making Process

The sphere of investment that Aldar concentrates on is one of the main concerns of the company. The investment policy is the initial stage of the investment process, and it determines the objectives and assesses [...]
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  • Words: 1256

Patient Safety Topics in Health Informatics

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.
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Ethical Principles for Decision Making

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.
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The Phenomenon of Self Efficacy Analysis

Self efficacy determines an individual behavior, and individual preference on the selection of an activity. This stresses the need self efficacy rather than individual ability of a person.
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Causes of Companies’ Failure

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.
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The Overall Drivers of the Decision-Making

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.
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Using the Decision Making Model

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.
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  • Words: 931

Knowledge of Consumer Patterns

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 [...]
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The Behavioral Styles of the Group

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.
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  • Words: 343

Scientific Thinking in Management

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.
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  • Words: 672

Rational Model of Decision Making

The launch of a survey to know customer needs would precede the launch of new low-cost services. And the problem of the rational decision-making in our case is this: how to 'calculate' human fear logically?
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The Role of Corporate Governance

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.
  • Pages: 4
  • Words: 1104

British Petroleum: Environmental and Social Performance

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 [...]
  • Pages: 6
  • Words: 1535

An Intelligent Decision Support System

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 [...]
  • Pages: 3
  • Words: 1061

Decision-Making Process in Healthcare Sector

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.
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  • Words: 1457

The Effectiveness of an Important Decision

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.
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  • Words: 662

Strategy and Managerial Decision Making

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 [...]
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  • Words: 940

Cost-Benefit Analysis, Its Strengths and Weaknesses

This paper examines the strengths and weaknesses of utility maximization, which is a key tenet of the CBA, through an inclusion of different analytical perspectives, such as ethical thought and the practicality of implementing it [...]
  • Pages: 4
  • Words: 1150

Implicit Costs Involved in Decision-Making

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 [...]
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Game Theory in Business Decisions

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.
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  • Words: 479

Decision Tree for Locating Expansion Opportunities

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 [...]
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  • Words: 262

Decision Process in Grocery Business Launch

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.
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Problem Solving and Decisions

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.
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Decision Making and Critical Thinking

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.
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  • Words: 638

Defining Moments: When Managers Must Choose?

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 [...]
  • Pages: 7
  • Words: 2200

Judgment and Decision Making in Engineering

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 [...]
  • Pages: 8
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Situational Awareness and the Decision-Making Process

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 [...]
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IPhone 8 Purchase Motivation Analysis

Belonging is greatly promoted by establishing a sense of connection through the provision of various methods of communication with friends and family, contributing greatly to forming relationships in the long term.
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Project Risk Management and Decision-Making

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.
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Critical Thinking, Mission and Leadership Statement

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 [...]
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Legal and Ethical Scenarios of Decision Making

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 [...]
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Australian Airline Qantas Decision Making

Although the program is acknowledged to be the company's most precious resource and could help the airline to earn funds, the decision is most likely to have certain drawbacks which might entrain the opposite effect [...]
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Decision Leader in the Global Marketplace

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 [...]
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Educational Pension Investments Case

As the conflict was heating up, Tom made a step and talked to Dan in a rather informal manner to express the concerns of the senior partners.
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Customer Decision Making in Shopping Malls

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.
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  • Words: 2569

Systems Thinking Role in Sustainability Challenges

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.
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Decision-Making Strategies and Techniques

Consequently, in the context of this paper, it is critical to discuss decision-making strategies and apply them to practice with the assistance of the workplace examples.
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The Principles of Decision Making

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

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.
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  • Words: 1089

Ethical Data Mining in the UAE Traffic Department

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 [...]
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COALA Company: Ethical Decision-Making Process

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 [...]
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How to Make a Reasonable Decision for a Company?

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.
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Decision Making Under Uncertainty Situation

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.
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Data Envelopment Method in Decision Making

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 [...]
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Finance-Related Managerial Decisions

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 [...]
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Wal-Mart Company’s Decision Making Process

The initiative will also enable the company to identify their output and analyze their competitive advantages in the market. The tool will be used by the executives in evaluating the market and assessment of external [...]
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Problem Solving Process at the Workplace

It is possible to mention that the first solution may be the most optimal decision, if the managers of the new company agree to postpone the start of my career in this organization. This is [...]
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  • Words: 1390

Critical Thinking Benefits in Decision-Making Processes

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.
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Unstructured Data and Analysis in Decision Making

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.
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Decision Tree Analysis in Project Management

The resulting solution is a classification because the data set used in a decision tree known to the user. In establishing a cluster, it is evident that the number of clusters is of a given [...]
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Visit to the Mount Everest: Team Project

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 [...]
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The PMI Decision-Making Technique

Another benefit of planning for the decision-making process is that a standard of measuring the effectiveness of decisions to be made is defined and established.
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Cross-Cultural Management: Decision-Making

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 [...]
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Decision-Making: Quantitative Analysis for Management

To understand the meaning of a decision To investigate the steps necessary to make a good decision To formalize the decision-making process A decision is defined as the conclusion that is made when different alternative [...]
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Telstra Company Knowledge Management

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.
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Global Decision Making

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.
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Product Design Decision Making Tools

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 [...]
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Design Management in H&M

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].
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The Role of Management Information System (MIS) in Business

The diagram below shows the relationship between the departments and underpins how the manual system which is used to conduct the primary and secondary activities within the departments is related to the performance of each [...]
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Decision Making. Bachelor’s Degree

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 [...]
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Decision Making Process for Entrepreneurs

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.
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Three perspectives in the organisational theory

Since one of the primary reasons why the Tecoma residents feel that they should not have a McDonald's restaurant in the neighbourhood is the littering that usually accompanies the organisation's outlet locations, one way to [...]
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Creating partnership: Enterprise Resource Planning

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.
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Organizational Learning and Decision Making

These models consist of five common steps including definition of the decision, identification of criteria for the process, consideration of possible solutions, calculations of the consequences associated with the proposed solutions and selecting the best [...]
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Concept of Decision Support (DS)

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.
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The Decision Process in Operations

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.
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Plant Site Selection: Mexico, Brazil, and Argentina

Thilmany points out that one of the causes of its weak presence and relationship with the US is its economic policies. This will be advantageous to the company in terms of recruiting professional and skilled [...]
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  • Words: 1194