Purchase Solution

Decision-making techniques

Not what you're looking for?

Ask Custom Question

ZebraRuns is a company that sells running shoes and accessories through a retail outlet. Business has been exceeding expectations, and company executives are contemplating adding a second store.

Based on what you know about decision-making techniques, describe the steps ZebraRuns should take to make an effective decision.

My textbook references a six steps to decision making. But I'm not sure how to apply them to ZebraRun. I'm needing some guidance.

1. Set Objectives
2. Search alternatives
3. Evaluate alternatives
4. choose a course of action
5. implement the decision
6. follow up

But then I found this article that references a five step process but is different.
http://www.westwords.com/GUFFEY/critical.html

Purchase this Solution
Solution Summary

This posting provides the process of using decision making techniques for arriving at a decision of opening a second store for ZebraRuns.

Solution Preview

** Please see the attached file for the complete solution response **

I agree with the six step decision making process. The description is based on the six-step process.

Set Objectives: The objective of ZebraRuns is to set up a new store that will be profitable and will be able to meet the expansion plans of the organization.

Search alternatives: ZebraRuns should market in that particular region, the population density, overall market identify 3-4 cities across regions as attractive locations for opening a ...

Purchase this Solution
Free BrainMass Quizzes
Introduction to Finance

This quiz test introductory finance topics.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

View More Free Quizzes
Related BrainMass Solutions

  • Three recommendations to improve current decision making con

    Adopting Participative Techniques for Decision Making Participative Techniques can be defined as the process which aims at encouraging employee participation in decision making. Participative techniques are behavior oriented techniques.

  • decision making style

    Why is it important to alter decision making techniques based upon the situation? Provide an example of an organizational decision that would have benefited from using different tools and techniques. 2.

  • Decision making style

    Why is it important to alter decision making techniques based upon the situation? It is important to alter decision making techniques based upon the situation, this is in accordance with the basic steps of decision making.

  • What are examples of decision-making software advertised by a company?

    Yes, I do think that this software tool will improve decision making because first of all, it does not come up with its own techniques but utilizes management techniques only to resolve decision making issues in organizations.

  • Creative Problem Solving.

    Decision-making is one of the important skills for business and life. It is an essential element for management and leadership. There are various processes and techniques to improve the decision making skills.

  • Decision Making Style and Short Feedback

    What decision making style is most prevalent in your organization? What tools and techniques are commonly used to make decisions in your organization? Why is it important to alter decision making techniques based upon the situation?

  • management

    Using idea generating tools and techniques in decision making I have used the technique of brainstorming in personal decision making.

  • Group Decision making and communicating

    562690 Decision making in Groups and Effective Communication Decision making in Groups and Effective Communication.Please provide notes, ideas, and research. Step 1 There are several techniques that are used for improving decision making in groups.

  • Decision Making

    Thus, in this way, framing techniques are utilized in decision making to arrive at the best option. //Above, we have discussed about general meaning of decision making model.

  • Forecasting techniques,factors in selection of forecast

    219433 Forecasting Techniques: Forecasting acts as an aid to decision-making. Agree?

View More Related Solutions