Chat with us, powered by LiveChat Fundamentals of Decision Making | Refine papers
  

You have been promoted to a senior management position of your company. In recent meetings with the CEO and other members of the executive team, discussions about the need to change the strategic direction of the company have been center-stage. The company has been losing market-share for several quarters now and it has been determined that many factors have contributed to this downward trend that has resulted in lost sales and commitments from customers.

For you, decisions pertaining to improvements in the areas of product development, training, marketing, manufacturing processes, quality, and motivating the workforce must be made.

Using your textbook, LIRN-based research, and the Internet, apply the concepts learned thus far in an analysis of your decision-making process that will enable you to improve in the areas mentioned. Be sure to include the following decision-making concepts:

The steps of the decision-making process that are relevant

Types of data that needs to be collected in order to make effective and efficient decisions

Systems-thinking and common biases that can affect your decisions

Judging from Explanations model (Figure 1.6, p 119).

You must reference any articles uploaded and used, your textbook, and at least two additional sources. Document your citations throughout the text of your 3-5-page, APA-formatted report.

Your papers must include an introduction and a clear thesis, multiple body paragraphs, and a conclusion. Top papers demonstrate a solid understanding of the material AND critical thinking.

Taxe book info
astie, R., & Dawes, R.M. (2010). Rational choice in an uncertain world: The Psychology of judgment and decision making. (2nd ed.). SAGE.

Print ?ISBN: 978-1412959032

eText ISBN: 978-1483342849

Decision Making in Action

Star Student
Westcliff University
BUS 345: Fundamentals in Decision Making
Professor Fantastic
Month Date, Year

Decision Making in Action
Introduce material here? Remember, each case study must have the headings listed below and must be answered according to assignment instructions; each heading is worth a percentage of each case grade and this is how your work should be submitted. Your audience is someone like your roommate ? intelligent, educated, but has NO IDEA what the case study is about. You do not want to copy-and-paste the case, but put forth a brief summary so your reader knows what is going on.
This section is generally one paragraph. The easiest way to explain this section is to think of it like an abstract or introduction. If written properly, this section can actually serve as the abstract for the paper. It will, in a sense, set up the rest of the paper, which is the review of the case, analysis, recommendations, and the summary and conclusions sections. Remember that you obtained this information from the textbook. Consequently, you should cite Robbins and Coulter (2018). You should NOT write According to the textbook as your reader has NO IDEA who or what is that. Do remember to take notes as you read through the case study information so that you are prepared to complete this report.
If there is a second paragraph, it will look like this. The paper should be written in third person narrative and not in the first person. Note: The required headings that must be in the paper are bolded and should be kept bolded. One other note: a business is an it, not a they. Remember that when using pronouns describing a business. Make sure you always include enough text to form a complete paragraph before moving to the next section.
Decision Making Process
In this section, you will briefly describe what you will cover. It should only take a few sentences. After describing what you will cover, this section will discuss, ?The steps in the decision-making process that are relevant.? Make sure you always include enough text to form a complete paragraph before moving to the next section. Remember to explain your decisions so that the reader understands.
Systems Thinking and Common Bias
In this section, you will briefly describe what you will cover. It should only take a few sentences. After describing what you will cover, this section will, ?Demonstrate how systems thinking and common bias can affect your decision.? Make sure you always include enough text to form a complete paragraph before moving to the next section.
Bounded Rationality and Framing
In this section, you will briefly describe what you will cover. It should only take a few sentences. After describing what you will cover, this section will, ?Demonstrate how bounded rationality and framing affects your decision making.? Make sure you always include enough text to form a complete paragraph before moving to the next section.
Motivation and Emotion
In this section, you will briefly describe what you will cover. It should only take a few sentences. After describing what you will cover, this section will discuss the, ?Mitigating or enhancing the effects of motivational and emotional influences, and paradigms? on your decisions. Make sure you always include enough text to form a complete paragraph before moving to the next section.
Ethics
In this section, you will briefly describe what you will cover. It should only take a few sentences. After describing what you will cover, this section will discuss, ?The incorporation of fairness and ethics to the decisions you must make.? Make sure you always include enough text to form a complete paragraph before moving to the next section.
Conclusion
This section will tie together all sources used for this professional assignment, conclusions drawn from the readings, and any inconsistencies. This section will generally be one to two paragraphs. Notice the paper has a continuous flow; there are no page breaks between sections. he only page breaks occur between the title page and the introduction, and between the summary or conclusions and the reference page. Note: If there is a header at the bottom of the page (on the last line), you will need to insert a page break immediately before the header to properly move it to the next page with its text. All references for the assignment must appear on a separate page (see the following page for an example). The requirement is to have at least 5-peer-reviewed scholarly references and the textbook as resources.

References
This section will reference all sources cited throughout the paper. It also gets its own page, meaning that it will not start at the bottom of a previous page. The heading should appear at the top of the page (first line of text) and all reference material should be listed below in alphabetical order by first last name. Also, the title for a book or text is always in italic format and in sentence form. In contrast to book references, the title for articles is in sentence format, not in italic, but the name of the journal or magazine is in italics. Furthermore, references are formatted with a hanging indent, meaning the first line is never indented, and all subsequent lines are indented. See examples below:
Barzani, R. S. (2014). Studying the effects of business strategies on the organization’s performance in regard to human resources’ policies at the Social Security insurance companies based. International Journal of Academic Research in Business and Social Sciences, 4(5), 549-561. www.IJRBSS.com.
Chopra, M., Munro, S., Lavis, J. N., Vist, G., & Bennett, S. (2008). Effects of policy options for human resources for health: An analysis of systematic reviews. The Lancet, 371(9613), 668-74. www.thelancet.com.
Futrell, C. (2011). Fundamentals of selling (12th ed.). McGraw-Hill/Irwin
Holt, D. (2016). Branding in the age of social media. Harvard Business Review (online). https://hbr.org/2016/03/branding-in-the-age-of-social-media
Robbins, S. P. & Coulter, M. A. (2018). Management, 14th Edition. Pearson.
You must also provide a reference for all sources used to support the assignment. (Note: As a minimum, the textbook and four additional peer-reviewed sources must be used and referenced.)

error: Content is protected !!