Decision Making Essay Examples and Topics. Page 2

303 samples

Strategic and Tactical Planning in Management

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.
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The Way Decision-Making During a Fire

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.
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  • Words: 553

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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Autonomy Level to Finalize Advanced Directives

But the most important factor in the case is the moral judgment of the person who is taking the decision. It is a general idea that the person who will take the advanced directive will [...]
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  • Words: 834

Learning Curve: Delayed Supply

A delivery rate of 82% for the control chip and 100% rate for all the other parts in the assembly of the remote means that the entire product is going to take more time to [...]
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  • Words: 695

Seven-Step Process for Ethical Decision-Making

However, based on the decision I made I was required to discuss the matter with other stakeholders who could have accused me of being biased in the selection and decision-making process.
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  • Words: 1301

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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Wal-Mart: Problem Formulation and Identification

The way of identifying the problem is the following: the strategy of the organization presupposes the existence of particular aims and goals, directed for the further development and maintenance of the existing structure.
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  • Words: 815

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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  • Words: 606

Change Management: Case of JP Morgan Chase

The very change mentioned above is the necessary expansion of the company's presence on the island of Kava and the improvement of working conditions for the employees of JP Morgan Chase on the island.
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  • Words: 835

Paradise Company Decisions on Expansion on Kava Islands

Originally, the presence of the company on Kava island is complicated not only with the remoteness of this country from the USA but also with such factors as the uniqueness of the population, natural disasters [...]
  • Pages: 5
  • Words: 1337

Framing in Organizational Decision Making

The case under consideration presents the bright example of the successful framing used by the salesperson to shape the decision made by Ron. The salesperson presented the potential benefits of additional options purchase to Ron, [...]
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  • Words: 606

Ethical Considerations and Research Reporting

Knowledge management is making sure that all the relevant information necessary for the efficient functioning of the business be gathered from the personnel of the organization and disseminated to the concerned persons who will be [...]
  • Pages: 8
  • Words: 2547

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.
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  • Words: 1104

Rational Decision-Making and Emotions

Fred Wenstop discussed the paradigm of multi-criteria decision analysis by relating it to other disciplines and then he concluded by saying that in order to increase rationality the decision-maker must accept the role that emotions [...]
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  • Words: 1284

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 [...]
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  • 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 [...]
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  • Words: 1061

The Importance of Business Intelligence Industry

Creative agility on the part of Procter and Gamble will be critical to the launch of the new product and this includes creativity in promotion and advertising, reaching the target consumers, packaging, outwitting the competitors, [...]
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  • Words: 1777

Accounting Standards for Decision Making

To ensure this, International Accounting Standards have been highly applicable in the two countries, to ensure reliability of the shareholders to the accounting information.
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  • Words: 876

Decision Support Systems in Business Strategies

First of all it is necessary to mention, that there are numerous advances to decision-making and as of the wide range of areas in which conclusions are made, the perception of decision support system is [...]
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“Breaking Out of the Innovation Box” by J. Wolpert

As a solution to this problem, Wolpert suggests the concept of "innovation brokers" agents who would work with other companies under the contract of nondisclosure and enable cooperation and inter-corporate development, which is presented as [...]
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Creativity in Knowledge Sharing and Utilization

Members would be free to propose ideas based on their knowledge, and afterward, the management could combine the best ideas and ask the people who proposed them for further clarification.
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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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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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Decision-Making and Manager-Employee Relationships

The process of decision-making implies the consideration of all possible objectives and selection of the one that seems more beneficial than the others in this or that situation. Finally, I consider it is necessary to [...]
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  • Words: 294

Decisions in Paradise: Factors and Planning Issues

As one of the managers, who contributed to the decision-making and planning of the company, the challenging task I had was to establish the existence and operations of the organization in Kava.
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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 [...]
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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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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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Judgment in Managerial Decision-Making

The decision was influenced by the patient's insistence, absence of the physician, my personal judgment regarding the importance of helping the patient, and ignorance of the dangers associated with defying a physician's recommendations.
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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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Quantitative Methods for Business Decision Making

The expected completion time of the project is 40 weeks while the variance of the critical path is 9. The probability that completion of the project will take longer than 40 weeks is calculated using [...]
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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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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 [...]
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  • 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 [...]
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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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Group Decision-Making and Related Challenges

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.
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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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Kava Island for Business: Decision-Making Process

Based on the solutions we formulated earlier on and the current situations, it is quite evident that these should be in favor of both external stakeholders and factors that best benefit the people of the [...]
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Intuition in Strategic Decision-Making

Finally, the most important point is that intuition is quick; so, the manager is to focus on the critical issues and neglect the irrelevant ones.
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  • Words: 697

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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Lenovo Company’s Decision Making

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, [...]
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Choice Experiment: Individual Financial Decisions

In the study, this factor is measured in two questions concerning the following attributes: investment decisions, patterns, risks, potential gains, the period of starting saving, changes in the amount of savings, the selection of retirement [...]
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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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Agency Decision-Making Processes and Outcomes

Therefore, as much as the agency has the licensing power to revoke a license it has to observe the due process and since the waste management firm does not pose any threat, it can challenge [...]
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Amalgamated Playthings: Decision Tree

The chances are high that the only condition under which there will be no competition for the API company is if the movie is a flop and W&G company decides not to make a release [...]
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Emotional Intelligence and Effective Leadership

In terms of the assessment of my personality, it portrays that a have to pay critical attention to the emotions and feelings of other individuals, as disregarding them will question my leadership and abilities to [...]
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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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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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High-Tech Corporation Decision Making

The managers of the organization believe that job satisfaction is one of the most influential factors in production as the more content employees are the more likely they are to pursue the goals of the [...]
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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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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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Decision-Making in Government Contractor Selection

The study was driven by the research objectives of analyzing the application of multi-criteria decision-making process in the construction industry and contractor selection using the analytic hierarchy process.
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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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King Hussain Hospital’s Decision-Making Issue

Factors that influenced the decision included the state of the patient's health, previous outcomes of similar emergency operations, superficial analysis of information, nurses' responsibility to the wellbeing of the patient, emotional thinking, limited time, and [...]
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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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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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Consumer Product Safety Commission’s Database

The function describes the operations of agents charged with the responsibility of coordinating efforts in the firm with the aim of achieving the set goals in an effective and efficient manner.
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  • Words: 3333