1.Describe the capital structure decision making process in the
context of agency costs, and contrast this with the M&M
theory.
2.A bond has a covenant that prohibits the company from changing
its line of business. What is the rationale for this type of
covenant, in the context of the issues we have discussed this
quarter?
Describe the purpose of sensitivity analysis in the context of
Decision Theory in multistage decision making and how strategy
tables and tornado charts can be used for this purpose
Decision-making, sustainability, values &
ethics
1. How does each of the following models of decision-making work,
and when should it be used?
Management science
Carnegie model
Incremental model
Garbage can model
Consumer Decision-Making: Describe the process of consumer
decision making for either hospital services or insurance
services. What are the keys elements that influence
choice? Consider family, friends, culture and sub-culture, social
class, etc. in your answer.
How have you used the rational decision-making model to
make a decision? What was the context? How well did the model
work?
Please explain in at least 120 words.
The ETHICS PLUS decision making process developed by the
Independent Commission Against
Corruption is a useful tool for resolving ethical issues. Explain
the PLUS standards for evaluating
the alternatives identified in the process.
Describe the process of decision making and innovation? How do
companies keep the balance of managing risk while continuously
innovating? What is the role of external contacts for
innovation?