1. Review your work and model answer. Are there any differences between the two? Are these differences valid? 2. How would you define the organization culture of the Space Electronics Corporation and what data did you use to make that judgment? --- Space Electronics Corporation The Space Electronics Corporation is a
What are the advantages and disadvantages of centralized and decentralized decision-making systems?
Your firm is hiring a new marketing manager and you and one of the other senior managers has been interviewing candidates. A candidate just completed the interview process and you felt that she had the skills and background needed for the position. After expressing this to the other manager he replied that this person would not
Your employer, It's Electric, an electrical fixtures supply company has decided to purchase company cars for all of the sales staff. You have been asked to select the line of automobiles that should be purchased. You have decided that on grounds of economy and longevity you want to purchase one of those solid, stalwart, middle-c
In what way is critical thinking involved in decision making? Is it possible to make good decisions without thinking critically?
Patrons arrive at the Dog patch post office at the rate of 30 per hour. There is one clerk on duty, who takes an average of 1 minute to serve each customer. Service times are approximately exponential. a) Calculate the mean customer line (1) spent waiting in line and (2) spent receiving or waiting for service. Also find the
Decision Making Process 5-11 Rich Sod is a farmer who intends to sign a contract to provide a company with his entire crop. Rich must choose to produce one of the following five vegetables: corn, tomatoes, beets, asparagus or cauliflower. Rich will plant his entire 1,000 acres with the selected crop. The yields of these veg
(See attached file for full problem description) --- 1. Find monthly fixed maintenance cost and the variable maintenance cost per driver unit using the visual-fit method based on each potential cost driver. Explain how you treated the April data. 2. Find monthly fixed maintenance cost of the variable maintenance cost per d
I need assistance with the following problem. Please cite all sources/references used: Evaluate each of the following approaches that a business firm could use to gather information about competition. For each approach, mark your feeling about its appropriateness using the following scale: 1. definitely not appropriate,
Case 16-1 Ingrid's Hallmark Shop II Ingrid's Hallmark Shop is a retail store specializing in "social expression" products, such as greeting cards, stationery, albums, and party goods. The social expression industry is noted for its seasonal volatility- an average December day out selling an average August day by 10 to 1.
Subject: Quantitative Decision Making Quantitative Decision Making Chapter 13 Determine a Minimal Spanning Tree and its total length
The CEO has been extremely frustrated with what has been occurring within the organization lately. In a recent manager meeting he exclaimed, "Everyone around this place just follows the status quo. No one ever has any unique ideas on how we can make this organization better. You just sit here and wait for me to give you directio
Pecos Printers, Inc. is a small manufacturing firm in Houston, Texas that manufactures color ink jet printers for the small business market. It has just launched the PP 7500. A 50% markup is standard in this industry so that Pecos must sell to distributors below $400 per printer to keep the retail price below the industry
Think of an important business decision you have made in the past in which the results of your decision turned out poorly. Your manager is concerned and wants to make sure that you learned from this mistake and the likelihood of this happening in the future is minimal. Therefore she would like you to email her a reflective a
Find an article that relates to changes in organization structure and management style that are resulting from the drive to go global. QUESTIONS: 1. List key factors involved in an action plan and determine the plan's general structure. 2. Write an action plan that incorporates the key factors and general structure.
1. How would you determine whether short-term goals or long-term goals should drive a decision? 2. How do ethics affect the managerial decision-making process? (Please be detailed and provide an example is possible).
Mark Fisher, a global sales director for Global Access Communications in California needs to fill an account executive position in Bath, England. He believes that Grace Bowens would be perfect for the assignment, but Mark is not sure if he will be able to convince Grace to take an international assignment given the company's exp
I want share the information/concept about "perception and individual decision making" with my class. I need to discuss how the topic relates to "real life". Are the theories addressed in the chapter realized in the workplace? Is there a "disconnect" between academic theory and the "real life" workplace of today? I can chose
Exquisite Foods Incorporated (EFI) sells premium foods. Three independent strategies are being considered to promote a new product, Soufflés for Microwaves, to dual-career families. Currently the contribution margin ratio on EFI's foods is 65% which is expected to apply to the new product. EFI's policy for promoting new prod
1. What is perception? 2. How can a person's perception of others impact an organization's behavior? 3. What are the positive and negative effects of using perceptive "shortcuts" when judging others? 4. How are decisions in real world organizations actually made? 5. How can our perceptions shape ethical or moral decisions?
Ahringer Company makes 50,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials 19.10 Direct labor 21.70 Variable manufacturing overhead 2.10 Fixed manufacturing overhead 14.20 Unit product cost 57.10 An outside s
Summarize the elements of the consumer decision-making process. Discuss how marketers can use the process to drive buyer's actions and describe the impact of consumer satisfaction on marketing.
Don Baxter's five year old Camaro requires repairs estimated at $5400 to make it roadworthy again. His friend Mike Blue suggested that he buy a 5 year old Chevette instead for $5400 cash. Mike estimated the following costs for the two cars: Costs Acquisition Cost Repairs Annual operating costs: Gas, maint
In a strongly centralized organization there is a large amount of freedom to make decisions at all levels of management. True False
Sunshine State Fruit Company sells premium quality oranges and other citrus fruits by mail order. Protecting the fruit during shipping is important, so the comapany has designed and produces shipping boxes. The annual cost to make 80,000 boxes is: Materials $120,000 Labor 20,000 Indirect manufacturings cost
Is it possible to make good decisions without thinking critically? How would you determine when short-term or long-term goals should drive a decision? What is the relationship between critical thinking and ethics?
Re-enact and analyze a historical negotiation scenario 1. Part 1: Re-enact AOL/Time Warner Merger negotiation scenario through role play and imagined dialogue. The three parties are 1) AOL shareholders, 2) Time Warner shareholders, and 3) Consumer Union. First, do some background research on your party's motives and interests
Choose a decision Making Methodology. Provide a brief explanation of the steps involved, the types of decisions that could be made using it, and a brief analysis of its strengths and weaknesses. Please list references
Decision making Methodologies and Client Strategies 1.What types of issues can interfere with the client's ability to understand fully his or her wants? 2. How can you be sure you have a complete picture of what the client expects from you?
1. Why do you think it is important to approach decision making with an underlying methodology in mind 2. How do you make good decisions when the different stakeholders involved want different things.