If you wanted to buy a new car, what research would you do first to increase the likelihood of making a good decision? As a manager, do you think you would engage in more research or less research than that prior to making big decisions for the organization?
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- If you wanted to buy a new car, what research would you do first to increase the likelihood of making a good decision? As a manager, do you think you would engage in more research or less research than that prior to making big decisions for the organization?
- Think about a big decision that you have made. What impact did your emotions have on that decision? Did they help or hinder your decision-making? Would you make the same decision again?
- If you were faced with an ethical dilemma at work, who would you want to talk to for advice prior to reaching a decision?
- Which would be better to involve a group with, a programmed or a nonprogrammed decision? Why?
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- What research would you want to conduct prior to making a decision to invest in new presses?Answer on these two senarios: Senario 1: You have decided to form a new start-up company developing applications for the iPhone. Give examples of the three distinct types of financial decisions you will need to make. Senario 2: You are the CEO of a company and you are considering entering into an agreement to have your company buy another company. You think the price might be too high, but you will be the CEO of the combined, much larger, company. You know that when the company gets bigger, your pay and prestige will increase. What is the nature of the agency conflict here and how is it related to ethical considerations?On pages 105-106 of the textbook, there is a list of 36 core values. List the five you believe to be your most important core values and discuss in detail two of the five core values citing one of the six influences that shape your values from pages 102-105. Chose two of the five and discussed. Used one of the six influences that shape your values and explained why it influences the decision. You response needs to be formatted in the following manner: 5 selected core values: 1. (Your answer). 2.( Your answer). 3. (Your answer). 4. (Your answer). 5. (Your answer). Choose two of the five and discuss why they are important to you using the six “Influences That Shape Your Values” on pages 102-105. You do not have to use all six, only a minimum of one.
- Being a start-up company, identify the key levels of organizational strategies, that you and your team should focus on. Identify the various decision-makers across the various organizational levels. Your response should be at least two pages.Why the Experience-Based Decision is an important step in the decision-making process? Explain this term in 6-8 sentences. Why the Values- or Ethics-Based Decisions is an important step in the decision-making process? Explain this term in 6-8 sentences.Write a paper that addresses the following points: Identify at least one bias that impacts your decision making process. Discuss what triggered this particular bias and what steps you plan to take it to address it. Discuss how this bias impacted your decision. How confident do you feel about your decision making processes in general? Do you suffer from the "overconfidence" syndrome? If so, under what circumstances?
- Suppose you are CEO; when you face a problem, you mustn't spend a lot of time determining and understanding it very well, also you transfer the decision to people affected by such decision and get their commitment to it Select one: True FalseGive an example of a good decision you made that resulted in a bad outcome. Also give an example of a bad decision you made that had a good outcome. Why was each decision good or bad?Ethical Decision Making. Do you think the decision you made was ethical. Explain with reason. If Not will you make any changes in your decision you made now buy keeping ethical principles in your mind (
- Need Unique Answer don't copy please Write a two-paragraph essay describing your decision process (as outlined above), including its strengths and weaknesses. Your essay must include at least two properly described and referenced decision methods or styles from the text. For example, if your decision was impeded by bias, describe if it was confirmation bias, anchoring, or some other kind of bias. Answer and address these questions: What is your preferred decision-making style? How does your style work for you? Are you always satisfied with your decisions? What method from the text would you consider for your future decision making? How important is decision making in the role of a business leader? Provide an example. In addition to the text, you are encouraged to research decision-making methods using reliable and properly cited Internet resources. You may also draw from your personal experience with appropriate examples to support your references.a) Why is decision making often described as the essence of a manager’s job? b) Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision? c)How can managers improve their decision-making skillsDecision-making framework: You will use the DECIDE model to make your decision. The DECIDE model is a six-step decision-making framework that stands for: Define the problem Establish the criteria Consider all the alternatives Identify the best alternative Develop and implement a plan of action Evaluate and monitor the decision Scenario: Imagine that you are the CEO of a small business that sells handmade jewelry. Your business has been growing steadily for the past few years, and you are now considering expanding into a new market. You have narrowed down your options to two cities: New York City and Los Angeles. Instructions: Use the DECIDE model to make a decision about which city to expand into. Be sure to include all of the steps in the DECIDE model in your post. Be as specific as possible when describing your scenario. What are the pros and cons of each city? What are the criteria that you will use to make your decision?
