EBK MANAGEMENT, LOOSE-LEAF VERSION
EBK MANAGEMENT, LOOSE-LEAF VERSION
13th Edition
ISBN: 8220103768115
Author: DAFT
Publisher: YUZU
Question
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Chapter 9, Problem 2DQ
Summary Introduction

To determine:

What techniques would improve decision making in businesses. When businesses make decisions how will they improve the quality of it?

Introduction:

Decision making is the action or process of making important decisions. Businesses have many decisions to make. This is because either they have a range of choices or they need to improve organization aspects or else to move forward. The strategic importance in this is the decision that the organization makes should be of quality and success.

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Classy Furniture Limited is looking to expand its operations due to increased demand and a partnership with HNI Corporation. The company decided to stay at its current location and expand the existing facility instead of relocating. This decision was made after discussions highlighted the costs and potential disruptions associated with moving. The expansion plan includes adding production capacity, installing modern equipment, and improving the working environment with air - conditioning and a dust - free paint shop. The project is budgeted at a maximum of $ 20 million and is expected to be completed in 18 months. However, the project team is currently facing challenges in managing key areas such as quality, human resources, communications, procurements, and stakeholder engagement. Additionally, the changes may impact scope, cost, time, and risk management, requiring careful planning and execution to ensure the project's success. Suggest the changes that should be made to the project…
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