Building Effective Decision Making Skills

Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form.

b. Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form.

On the other hand, the success of the company is in large part due to the hard work of the staff who would lose their employment. In addition, it must be determined who would perform the work of the dismissed employees and if the company would be able to function without them. Moreover, the morale and productivity

8. What are the pros and cons of each key organizational structure? Which do you think would be the best fit for you? Explain your answer.

2. Decide who might be harmed and how, this will involve consideration of everyone in the workplace such as

Massive layoffs will definitely affect the unemployment rate and a higher unemployment affects the economy because this means more people are on unemployment so there salaries are down so what they are spending is down. Massive layoffs has a vicious cycle and globally in 2012, 200 million people are without employment and this shows the slowdown in employment growth, which means companies aren't hiring and people aren't spending like the where. Massive layoffs affect the economy dramatically because it has a huge impact on consumer spending which in my opinion makes the world go around. If no one is buying then production is down and that's how layoffs happen, and this affects households, businesses, and the government.

This is the most important aspect to help determine the managerial strategy to use, because it help ask two questions to determine

* Identify many of the variables that shape business decisions and management practices in organizations.

Choose one real world organisation from one of the three sectors discussed in task one. Discuss this organisation in terms of the following:

* What organizational structure, management processes, and philosophy will foster superior performance from the company’s business units?

Opposition from Unions in different subsidiaries against the layoff could cause serious problems like high severance package and possible strikes

M2: Analyse the advantages and disadvantages of the interrelationships between organizational functions and its impact that can have upon organizational structure.

Inadequate information, data, and knowledge. For rational decision-making to be accurate, reliable, and complete, information about various aspects of the problem under investigation is necessary. Possible future trends can be estimated with the help of such information. This facilitates rational decision-making. However, adequate and reliable information may not be available at the time of decision-making. As a result, the decisions may become defective or irrational or may prove faulty in the course of time. This is how decisions become irrational.

3. How would you characterize the current interdependence between departments? How should it be improved?

(b) Compare the current organizational structure of the organization with the most favourable structure outlined in (a) and identify any changes to improve its effectiveness for achieving the organization new objective.