Case Study - Decisions, Decisions Essay

Q2. How would you explain wal mart choice of countries during the early stages of international expansion in the 1990 's.

5. What, if anything, could the foremen have done differently to help the group's conflict management and decision-making process?

8. The overall market position of Wal-Mart will also improve as a result of all the above.

2.1 Evaluate the decision making models which are used to support decision making 2.2 Identify those to be involved in analysing information and decision making 2.3 Evaluate methods of presenting decisions made

Wal-Mart is a company which operates in the service sector, more specifically in the “Discount, Variety Stores/Retail” industry. The company’s superior performance is demonstrated through the fact that it was America’s largest company (in terms of revenue) in 2002, and the reputation of the company is reflected in the opinion of “Fortune” who have identified Wal-Mart as one of the world’s most admired companies. In 2004 Wal-Mart had been hiring 1.4 million employees – making it the largest corporation in the world. Wal-Mart’s share prices have also been stable at time of stock market volatility. There are

1. Analyze the questions associated with your chosen case study and discuss them using concepts you learned in this course.

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

There are several issues that need to be addressed as it relates to the situation. These issues include those from a policy standpoint, as well as those from a legal standpoint. The following are the issues this author saw fitting to tackle:

-Who is the decision maker? (Remember: in analyzing a case you have to put yourself in the position of the decision maker and try to figure out what YOU would do in his/her position).

c. Why did each of American’s competitors react to the fare changes the way they did?

6. There are several points in this narrative where there were opportunities to fix the problem. Pick out at least two examples of points at which moral imagination and or moral courage by the various participants could have headed off the catastrophe. Indicate the person and what they could have done to fix the problem.

1. How well do you think Wal-Mart’s earlier, more limited health benefits supported the company’s overall business strategy?

Apply a simple decision making technique to evaluate options to arrive at the best solution (24 marks)

A model of decision making known as the Rational Decision Making Model arises from organization behavior. This includes working through series of five stages path from problem identification and to the solutions.

1b. What are the sub-components of this problem: these are usually a set of decisions they must make involving choices regarding the above problem?