| Papers [1-15] of 100 :: [Page 1 of 7] | | Go to page : 1 2 3 4 5 6 7 —> | Search results on "IMPORTANT DECISION": |
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Decision Analysis: Decision Trees, 2004.
Reviews importance of modeling in policy analysis and the use of decision tree analysis
1,150 words (approx. 4.6 pages), 1 source, APA, $ 39.95
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Abstract
This paper reviews the importance of modeling in policy analysis and the use of decision tree analysis. It looks at the tools available to help policy makers. The writer uses the example of Firestone tires on the Ford Explorer sports utility vehicles as an application of decision trees in decision analysis.
From the Paper
"There is a large variety of tools available to help decision-makers. This paper focuses on one of these tools decision tree analysis. The consideration of the decision tree decision analysis tool begins with are view of the ..."
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The Decision Making Process, 2006.
This paper focuses on the importance of an effective and productive decision making process, as it pertains to the Boston Beer Company.
976 words (approx. 3.9 pages), 5 sources, MLA, $ 34.95
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Abstract
This paper examines the business practices of the Boston Beer
Company, one of the world's most successful breweries, which has successfully implemented logistics management decision making software. The writer of this paper details how the Transportation Management Systems (TMS) software solved an ongoing problem related to inbound and outbound shipments at the Boston Beer Company. This paper illustrates how TMS not only simplified logistical decision making but also reduced costs and provided more efficient deliveries. The improvements, such as the ability to reduce or redeploy transportation staff, were felt instantly as the automation of previous manual tasks were eliminated, thanks to the successful implementation of the TMS software. The writer of this paper contends and explains why the logistics management decision processes were more prevalent on the outbound side as opposed to the inbound side. The Boston Beer Company has used its experience with their outbound logistical process to help implement an efficient and productive inbound system.
Table of Contents:
Introduction
Decisions
Inbound Logistics
Importance
Conclusion
References
From the Paper
"The process was controlled by software that enhanced the decision making objectives of management. For example, transportation and truck utilization was an area that was greatly improved through the Transportation Management software technology. These changes brought on dramatic cost savings. "Even mid-sized companies can often drive millions of dollars to the bottom line through improved shipment optimization and execution effectiveness, while simultaneously improving customer service. The opportunity for larger companies, with annual freight budgets that may exceed $100 million dollars per year, is substantial." It was important to establish inbound logistics because of the potential savings. The most important aspect of inbound logistics is the overall process improvement."
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Decision-Making Model Analysis, 2007.
An analysis of two decision-making models; the 9 step model and the decision tree.
1,053 words (approx. 4.2 pages), 2 sources, MLA, $ 36.95
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Abstract
The paper compares the 9 step model to the decision tree in terms of advantages and disadvantages, as well as the approach to problems presented. The paper defines what the decision tree is and looks at how, in terms of a managerial or work-related decisions, the decision trees are useful. The decision trees clearly state out different courses of action, as related to different variables and restraints that may appear. The paper looks at the advantages of using a decision tree when making a decision. By comparing the two different models, the paper concludes that the decision tree is actually part of the 9 step model as the 9 step model is more complete in its approach.
From the Paper
"The decision tree starts with listing the decision that needs to be made , listed at the top of the tree. Each possible solution that can be adopted depending on different variables will form different branches of the decision tree. Each branch may carry its own ramifications, if, for example, each solution brings about new conditional variables (for example, an organization may have to decide on either launching a new product or consolidating the existing one, but launching a new product can be done either through innovation or through purchasing an existing line from a competitor). Each of the branches will have a measurable outcome, evaluated in term of cost, profitability, increase in market share etc. Each outcome will have attached an estimated probability that it will happen. Multiplying the probability with the outcome value for each node will allow us to have, in the end, a final score for each of the possible decisions and numerically evaluate the options."
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Decision-Making Model Analysis, 2007.
A look at the analytic hierarchy process of decision-making and how it was used by the writer in a recent job-related decision.
989 words (approx. 4.0 pages), 3 sources, MLA, $ 35.95
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Abstract
This paper describes a particular decision-making model and explains how the model was used by the writer in a recent job-related decision. It shows how critical thinking also impacted the decision. The paper lists the three phases and seven steps of the analytic hierarchy process and discusses how it was applied to the writer's job as a category manager for a food service distributor.
Table of Contents:
Abstract
Decision-Making Models
Decision-Making Model
Analytic Hierarchy Process
Application of Analytic Hierarchy Process
Decisions and Critical Thinking
Conclusion
From the Paper
""Decision-making is the cognitive process of selecting a course of action from among multiple alternatives" (Wikipedia 2005). The effect of the decision-making process will result in a choice. The choice may be derived through rational or irrational reasoning as well as factual basis or assumptions. Businesses today will invest the time and money necessary to train associates in critical thinking skills as well as decision-making models. A common decision-making model is the Analytic Hierarchy Process."
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Decision-Making, 2007.
This paper discusses the advantages and disadvantages of group decision-making versus individual decision-making.
1,590 words (approx. 6.4 pages), 3 sources, APA, $ 52.95
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Abstract
This paper states that some of the advantages of group decision-making over individual decision-making is that there are more resources, the work load can be spread evenly amongst all of the members of the group and there are more diverse viewpoints. The author points out that the disadvantages of group decision-making is that the process is more time consuming, there is more pressure to conform, and there is a possibility of unfair treatment and questionable leadership. The paper concludes that the type of organization and the kind of decision to be made determine whether it is better to use a group or individual decision-making process.
From the Paper
"...it is sometimes difficult to ascertain who's the boss or the leader. Imagine there being a football team without the head coach, or a marching band without a drum major. Those things can be in existence without the head coach and the drum major, but I guarantee that those entities will not be able to stay afloat for even a short period of time. It is imperative that the group come to a general consensus about who the spokesperson or leader for the group will be. Doing this will alleviate a lot of stress and eliminate the ambiguity in the group's assignments."
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Strategic Decision Making, 2005.
This discussion investigates strategic decision-making in project management organizations, focusing on the World Bank and UNESCO.
25,514 words (approx. 102.1 pages), 45 sources, MLA, $ 249.95
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Abstract
The research explores how corporations or organizations make strategic decisions in project management. The investigation focuses on organizations such as the World Bank and UNESCO providing a comparison of these two entities. Tje paper explains how the World Bank makes special use of the project life cycle which is composed of eight phases: Country assistance strategies, identification, preparation, appraisal, negotiation and board approval, implementation and supervision, implementation and completion and evaluation. It shos how the World Bank relies on various strategies and the board of directors in the decision making process. On the other hand, the paper explains how UNESCO relies on the general conference and the bureau of strategic planning to make decisions for the organization. Project management is specialized for each project. It also includes an objective and goal for each aspect of the organization. A SWOT analysis is made for both organizations. The discussion focuses on the key factors involved in making decisions. The research indicates the importance of feasibility studies for both organizations and the success of the projects that have been implemented. The literature review discusses project management, product management, benchmarking, strategic marketing and other components of strategic planning. In addition, the research investigates strategic decision-making as it relates to human resources including team training and the characteristics of a project manager. The strategies and marketing aspects of the organizational strategies are also investigated. Finally, the discussion focuses on future studies in areas of strategic decision-making and project management.
Outline
Abstract
Executive Summary
Chapter I
Introduction of Topic
Introduction
Background
Conclusion
Chapter II
Comparison of the World Bank (International Bank) and UNESCO
Introduction
On What Basis do Corporations or Companies Make Strategic Decisions in Project Management?
World Bank (International Bank)
Strategic Decision-Making and Project Management
SWOT Analysis
Strengths
Weaknesses
Limited Scope of Operations
Opportunities
Threats
Conclusion (World Bank)
UNESCO
Strategic Decision Making
Education
Objectives
Natural Sciences
Information Systems and Communication
Objectives
Social and Human Sciences
SWOT Analysis
Conclusion (UNESCO)
Man-made Limitations
Seasonal Factors
Institutional Factors
Comparison of Feasibility Studies between the World Bank and UNIDO
UNIDO
Successfulness of Projects
Chapter II Conclusion
Chapter III
Literature Review
Introduction
Strategic Management
Project Management and Strategic Decision Making
Project Management
Strategic Decision Making
Project Managers and Project Teams
The Role of Product Innovation and Development
Creativity
Benchmarking
Strategic Marketing and Planning
Chapter III Conclusion
Chapter IV Future Studies
Introduction
Future Studies
Chapter IV Conclusion
Chapter V
Discussion& Conclusion
Introduction
Discussion
Conclusion
References
From the Paper
"Strategic Decision Making has long been a part of the corporate culture. The need for strategic decision-making became evident after World War II; this will be discussed in detail in the literature review. Strategic decision-making is also essential because most organizations are now using project teams to complete certain tasks. Therefore, the ability of managers to make strategic decisions is important. In recent years, project management has become increasingly more popular. In addition, the importance of strategic decision-making has become more prominent. The development of new ideas and concepts has led many organizations to seek out project managers to implement the new innovative projects properly. There is evidence to suggest there is a shortage of project managers, which is a reflection of the changing corporate environment. To combat this shortage of project managers many business schools have begun to offer specializations in project management."
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Group Decision Making, 2002.
An overview of the advantages and disadvantages of the group decision making process.
1,166 words (approx. 4.7 pages), 8 sources, MLA, $ 40.95
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Abstract
This paper examines how decision making is an extremely important activity in our professional and personal lives. It looks at how it has been found that decisions resulting from group brainstorming are of higher quality than the solutions discovered by an individual, due to the involvement of more than one person and a conglomeration of ideas that are sorted and sifted to reach the most effective solution. It also attempts to show that group decision making can be highly effective if certain guidelines are followed and how it is important for each member to participate enthusiastically and work together to minimize risks of conflict.
From the Paper
"Group decision-making process follows certain important steps to reach effective solutions or discover suitable answers to various questions. Usually groups are invited to participate in a decision-making process when a problem has arisen which requires help from more than one head. Small teams are formed and they are given a problem to discuss and seek a solution to. ?Group decisions that usually require a substantial amount of deliberation, negotiation, and accommodation prior to an acceptable outcome.? (Ruppel, 1997) However just asking a group to reach a suitable solution might prove to be counter productive if the team has little or no idea of the steps that are to be followed."
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Decision Support System, 2002.
A review of the article by John R. Carlson, Dawn S. Carlson and Lori L. Wadsworth, "On The Relationship Between DSS Design Characteristics And Ethical Decision Making" Vol. 11, Journal of Managerial Issues.
1,401 words (approx. 5.6 pages), 4 sources, MLA, $ 46.95
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Abstract
This paper looks at how the article discusses the problems of unethical behavior in an organization and how decision support system can help in making more ethically sound decisions. It evaluates how the authors present an in-depth study of decision support system (DSS) and its implementation in organizations for ethical decision making. Decision support system is software that helps in analyzing various situations and presents different decision alternatives. It examines how although ethics have become an extremely important issue of debate in our corporate sector, very little attention is paid to ethicality of decisions made at managerial level. It shows how the authors cite various examples to prove that ethics is an important subject in organizations and thus DSS must be implemented to make decision-making process more precise and accurate.
From the Paper
"Carlson and others have presented previous research findings in this connection to highlight the importance of ethics in organizations and to further support their argument in favor of implementation of information systems in decision-making process. Citing these researches, Dubinsky and Loken, 1989; Ferrell and Gresham, 1985; Fritzsche, 1995; Gottlieb and Sanzgiri, 1996; Hunt and Vitell, 1986; Jones, 1991; Rest, 1986; Trevino, 1986, the authors maintain that a lot of information is available on the subject of ethical decision making but there is significant fewer studies conducted ion the subject of support that should be given to the decision maker. Citing Carlson and Perrewe, 1995; Nielsen, 1990, Sims, 1991, they concur that very few well researched studies are available on support system which illustrates the fact that more in depth study is required in this area."
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Ethical Decision Making, 2002.
A look at the use of ethics and morals in management decision making.
650 words (approx. 2.6 pages), 2 sources, $ 26.95
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Abstract
This paper discusses the importance of ethics in the managerial decision making process. In the competitive corporate world of today, it is extremely important for companies to base their decisions on ethically accurate and morally sound principles. Since managers are the decision makers in the firms, the responsibility of incorporating ethics into everyday decisions lies with them, and, therefore, they play a key role in weaving ethics and morals into the company's fabric.
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Empowerment and Group Decision Making, 2005.
Considers how empowerment and participative decision making improves the decision making process within organizations.
2,300 words (approx. 9.2 pages), 7 sources, APA, $ 79.95
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Abstract
This paper considers how empowerment and participative decision making improves the decision making process within organizations. It looks at downsizing efforts that empower workers and the benefits to the organization of participative decision making.
From the Paper
"In recent years groups have become increasingly important in the American workplace as companies move toward fewer managers, more empowered workers and away from hierarchical organizational structures ..."
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Group Decision In Communicating, 2002.
Explanation of what constitutes group decision in communicating and discussion of some of the theories regarding group decision.
1,400 words (approx. 5.6 pages), 18 sources, $ 53.95
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Abstract
This paper is on group decisions in communicating. Group decision communicating often consists of orientation, conflict, emergence, and reinforcement. Decision-emergence theory is an explanation of the complex communication process that groups go through in doing any projects. These steps often make or break the group.
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Ethics in Decision Making, 2002.
Discusses the basic ethical rules to be considered in the decision-making process, focusing on physician-assisted suicide.
1,019 words (approx. 4.1 pages), 2 sources, APA, $ 36.95
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Abstract
There are several ground rules that should be considered in the decision-making process, when ethics are concerned. Ethics operate according to a certain set of moral criteria acceptable to society at a given time or in a given place. The paper shows that ethics or morals dictate how we as human beings should conduct our lives. They determine the standards of right or wrong actions in terms of the truly human life. A further aspect of ethics is admitting where society?s ethics fall short in terms of concerns that are minimized or ignored. The paper explains that the ultimate consideration in a decision-making process is not primarily one of religious or legal importance, but of social and human importance. The paper uses euthanasia as an example of using ethics in a decision-making process.
From the Paper
"The most pressing issue appears to be dignity. The argument is that people should have the right to die with dignity, which presumably is not the case if they are, for example, kept alive by machines. There is, however, an opposite point of view stating that death with the aid of a physician is not guaranteed to be dignified. Others approach the issue from a philosophical point of view, saying that meeting death with dignity is the natural result of living life with dignity. This then separates the issue entirely from the way in which a person dies. When all factors are taken into account, the conclusion is that a dignified death requires more than simply a legal right. A dignified death would require a large amount of courage and faith from a number of involved persons."
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Decision-Making Models.
This paper applies various decision-making models to the funeral home industry.
1,150 words (approx. 4.6 pages), 4 sources, APA, $ 39.95
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Abstract
This paper explains that a decision-making model helps a decision maker to structure the process by which he or she makes a decision; a good funeral director must be prepared with a number of models to help him or her make appropriate judgments in difficult situations. The author points out that conflict is the root of most decision-making difficulties, and there will always be conflicting factual and emotional evidence in any decision one is faced with on the job. The paper relates that the organizational model decision-making construct allows the funeral director access to the most accurate cause and effectual information; thereby, consulting the individual's will or other instruction regarding the deceased's desires and then negotiating between the participants involved by applying a flow approach to the decision using the steps of framing, deciding, communicating, implementing, and evaluating.
From the Paper
"When making a decision in the real world, it's a common and popular method to diffuse conflict by saying, 'oh, it's not a matter of life and death.' However, when a funeral director is making decisions regarding the most appropriate methods for his or her actions on a daily basis, or in a difficult situation at a funeral home, it is a matter of life and death. It is a matter of death because of the nature of the subject matter of the profession. It is a matter of life for the dead person's loved ones and relatives. The deceased and the living both have needs and wishes that are at stake, regarding the final obsequies for the individual who has passed on."
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PMI Decision-Making Tool.
This paper discusses Edward de Bono's Plus/Minus/Interesting (PMI) decision-making technique, which can help managers to effectively improve their decision-making.
1,015 words (approx. 4.1 pages), 5 sources, APA, $ 35.95
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Abstract
This paper explains that planning using the PMI technique (1) gives managers a standard of measurement, thus allowing managers to determine if goals are being met; (2) helps managers to transform values and beliefs into specific coherent actions; and (3) allows limited resources like budgets and human resources to be committed in the most efficient manner. The author points out that, in the PMI technique, the T-chart is divided into three sections: plus (good points), minus (negative points), and interesting sections (points that are neither specifically good nor bad, but applicable, interesting, or have extended implications for the decision). The paper relates that the PMI may not be especially useful when a manager has few or no prejudices regarding a specific decision and already has a broad and nonjudgmental understanding of the problem; when a manager has strong existing biases, the PMI is especially useful.
From the Paper
"Small and large businesses, for profit and non-profit organizations, high technology and manufacturing businesses all require good decisions to be viable and successful. Further, in today's fast-paced and complex business environment, managers are often faced with difficult and sometimes seemingly unsolvable problems. As such, managers require decision making tools and techniques that are effective across a wide variety of situations. The Plus/Minus/Interesting (PMI) decision-making technique is one of most valuable and simple tools that managers can use to make effective decisions. Developed by Edward de Bono in his 1982 book, de Bono's Thinking Course, the PMI is essentially a thinking tool (PMI Edward de Bono's) that amplifies and improves on the common pro and con lists that many people devise."
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Management Decision-Making, 2007.
An analysis of the stages required for successful decision-making in managerial positions.
1,570 words (approx. 6.3 pages), 6 sources, MLA, $ 51.95
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Abstract
This paper discusses the process of decision-making for those in management positions. It discusses the need for the manager to identify the possible risks and create solutions as a way to avoid or manage those risks. It also describes the characteristics of managerial decisions that contribute to the difficulty and stress of the decision-making process. The paper then analyzes the differences between programmed decisions and non-programmed decisions when dealing with the structure of a decision. Finally, the paper details the six-stage process that decision makers can follow.
From the Paper
"For management to arrive at a correct conclusion to a decision, more than an idea must arise. Good managers know what is ahead of them when a decision is to be made. Most decisions lack structure and involve risk, uncertainty, and conflict. Some will be programmed decisions, which involve a process to find a positive conclusion. Non-programmed decisions test the ability of the manager or the decision maker. Decision making is something that managers face on a daily basis. The decision making process should be used when ever there is a decision to be made, big or small. With many barriers to entry, this process can be tedious and exhausting. But in the end the great managers will emerge showing their skills and talents."
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