Question

In: Operations Management

Need response as soon as possible. List some of the key considerations you should keep in...

Need response as soon as possible.

List some of the key considerations you should keep in mind when engaging in a directive decision-making process to ensure that you are being fair and consistent in your decision making.

Solutions

Expert Solution

Decision making is a process of making choices by identifying a decision, gathering information and assessing alternatives. By using a step by step process of decision making, we can make a right decision. Following are the key consideration we should keep in mind when engaging a directive decision making process.

1. Identifying the goal-

We have to make clear the nature of decision. This means identifying the purpose of decision i.e what is the problem that is needed to be solved.

2. Gathering information-

It is best to gather the information which h is required to solve the problem and as well as keeping a look into alternatives also. Information can be in any form. This will give us a better understanding of problem.

3. Identifying the alternatives-

After gathering the information, we will identify the possible alternatives. In this step will consider all possible and desirable alternatives.

4. Choose among alternatives and take action-

After identifying the goal, taking all alternatives into consideration now we have to choose one alternative and execute the final decision.

5. Review the decision-

In this final step, consider the result and evaluate whether or not it has resolved or achieved the goal set up in step 1.

If the decision has not met the identified goal, we may have to repeat the step to make correct decision and eventually this ensure that we are being fair and consistent in Decision making.


Related Solutions

Need response as soon as possible. List and briefly describe the steps to conducting an investigation...
Need response as soon as possible. List and briefly describe the steps to conducting an investigation of misconduct. Then describe the three possible conclusions that can be drawn upon completing such an investigation.
Need response as soon as possible. List the six steps of the conflict resolution through supportive...
Need response as soon as possible. List the six steps of the conflict resolution through supportive confrontation strategy.
I need this as soon as possible, please. It is due two hours and I need...
I need this as soon as possible, please. It is due two hours and I need to check my answers. Problem-1 Calculate the Product of the following using refined multiplication method (show all steps in table)                                                                 6 X 3 Problem-2 Calculate the Product of the following using Booth’s Multiplication Algorithm (show all steps in table) 5 X (-4) (-3) X (-6)
Please solve as soon as possible The cement and concrete industry is a key link in...
Please solve as soon as possible The cement and concrete industry is a key link in the circular economy. Alternative fuels/raw materials in cement kilns, utilising recycled aggregates and cementitious industrial by-products in concrete and producing durable concrete structures assist in the circular economy. Example of fly ash production is shown in Figure 1. Discuss the use of any THREE new binders, waste materials and recycled materials (as ingredients) in concrete production and their suitable applications. Produce a ‘white paper’...
I need an answer as soon as possible please...Thank you The following information relates to the...
I need an answer as soon as possible please...Thank you The following information relates to the HTM debt securities investments of Kiran Company during 2018: a.            February 1: The company purchased 9% bonds of Tempe Co. having a par value of $100,000 at 99 plus accrued interest. Interest is payable May 1 and November 1. Maturity date is 11/1/19. b.            May 1: Semiannual interest is received and amortization is updated. c.            July 1: 10% bonds of Flagstaff, Inc. were purchased....
Nursing related question answer them all I'll rate need it as soon as possible You are...
Nursing related question answer them all I'll rate need it as soon as possible You are assisting in the restoration of a mesial-occlusal-distal (MOD) amalgam on tooth #13. How many wedges should be set out for this procedure? Where is a wedge positioned in preparation for proper contour? From what direction do you position the wedge? HTM You are to prepare the universal retainer and matrix band for tooth #29. When assembling the band into the retainer with the diagonal...
(Keep the response as short as possible please) What is a liquidated damages clause in a...
(Keep the response as short as possible please) What is a liquidated damages clause in a contract?     a) Is it a good thing?     b) Why might the clause not be enforced by the courts? What is specific performance? In which situation would specific performance more likely be granted...sale of land contract or personal services contract? Why?
NEED ANSWER ASAP / ANSWER NEVER USED BEFORE some considerations should be taken into account when...
NEED ANSWER ASAP / ANSWER NEVER USED BEFORE some considerations should be taken into account when doing capital budgeting: incremental earnings, interest expenses, taxes, opportunity costs, externalities, sunk costs, cannibalization or erosion, depreciation, salvage value, and others. explain in detail what defines capital budgeting. Then explain how two of the considerations above affect capital budgeting. ANSWER THROUGHLY 1-2 pages COPY AND PASTE NOT ATTACHMENT PLEASE NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE *****NEEDS TO BE A ORIGINAL...
need to solve it on excel as soon as possible Assume that three business owners each...
need to solve it on excel as soon as possible Assume that three business owners each own an identical storage building valued at $120,000. Assume that there is a 1% chance in any year each building will be destroyed by a peril (fire), and that a loss to any of the buildings is an independent event. Assuming that: (first case ) Fire events are independent of each other (second case) Each building faces the same types of risks and environmental...
Hello I need this assignment with citations and biography in APA style as soon as possible...
Hello I need this assignment with citations and biography in APA style as soon as possible 1. It has been found that when health care workers (physicians and nurses) do not practice healthy lifestyle behaviours, this has a negative impact on health promotion as they are less likely to encourage patients to practice healthy behavious. Locate any two validated instruments for measuring habits and personal attitudes of health care workers towards healthy lifestyle behaviours (eg not smoking, eating low risk...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT