You are part of the senior leadership team of a national retail firm. Your company has decided to relocate its head officeto new facilities. You have been chosen to lead this move. How would you approach making this decision? Where wouldyou start with this complex decision, and what steps would you take? Explain which decision model in this unit bestdescribes your approach. In your replies, discuss with your peers the decision-making approach they shared."I attest that the work I am about to submit is my own and not copied from online or other sources, including Al-

1. Approach to the DecisionA. Initial AssessmentObjective: Understand why the relocation is…

Answered: You are part of the senior leadership…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter9: Managerial Decision Making

Section: Chapter Questions

Problem 3OTJVC

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Miriam and Devon are both upper-level managers, but have very different decision-making styles. Please name and describe in your own words four decision making processes that could be used to guide their decision making. In addition, provide and explain in your own words 10 ways in which their decision could, in general, be derailed or hindered, and explain each.
You are part of the senior leadership team of a national retail firm. Your company has decided to relocate its head office to new facilities. You have been chosen to lead this move. How would you approach making this decision? Where would you start with this complex decision, and what steps would you take? Explain which decision model in this unit best describes your approach. In your replies, discuss with your peers the decision-making approach they shared.
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.
Describe the kind of factor that affected decision-making in each situation and why. 1. Michael rejected the offer of a new supplier because he knew that the supply manager was a longtime rival. 2. Monica decided to sell her company’s computer system because she thinks this is causing the poor performance of her company.
What decision theory style is closest to the decision making style used by Steve jobs?
Discuss the different roles played by the qualititative and quantitiative approaches to managrial decision making. Why it is important for a manager or decision maker to have a good understanding of both of these approaches to decision making?
1) What are the key decisions that Andrew Mason has made during Groupon's brief history? How have these decisions influenced Groupon's evolution as an Internet-based business? 2) How can I describe the decisions identified in my previous questions ask in terms of programmed and non programmed decision making? 3) How can I describe the decisions in terms of the rational, bounded rationality, and garbage can models of decision making? 4) How, if at all, has creativity and intuition played a role in the decisions to found and rapidly expand Groupon? 5) Suppose i think the market for group-based online coupons has great potential, and you desire to enter the competitive fray, what factors would i consider in deciding whether to come a Groupon competitor?
Discuss decision-making under the following subheadings, supporting your argument with examples from the workplace.
4. Write a brief note on Decision making in Business problems. List the types of decision-making environments and explain any one type of Decision environment with a suitable example.
According to this case study, what are the CEO bias's (i.e., anchoring bias, overconfidence bias, etc) that may have entered the decision making process?
Explain consensus decision-making, give examples and also the advantages and disadvantages of this type of decision-making.
What are the challenges experienced by student-athletes? Is it a quantitative approach? True or False. What are the factors that affect the decision-making of parents regarding the education of their children? Is it a quantitative approach? True or False. What are the features of narcissistic posts on Facebook? Is it a quantitative approach? True or False.

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