Discuss the creative process model and its relationship to the rational decision making model.
A company located in Munich makes Christmas nutcrackers and has an annual plant capacity of 2,400 product units. Its predicted operating results (in German marks) for the year are the following: Production and sales of 1,500 units, total sales DM 180,000 Manufacturing costs: -Fixed (total) 90,000 -Variable (per unit
-Critical Thinking -Risky Decision Making -Conceptual Model Analysis -Groupthink Describe these three methods of managerial decision making. Using automobile parts warehouse as an example and analyze what concepts are applicable and not applicable to the job. And the reasons to support your statement.
Reflecting on your past experiences in decision-making, teaming, and inter-personal relationships, what changes could you make to your decision making to make it more effective? To your group's?
A home products discount store is considering expanding its capacity to meet a growing demand for its products. The alternatives are to build a new store at a site nearby, expand and refurbish the old store, or do nothing. Economists have projected the regional economic outlook: a 50 percent probability that the economy will r
Describe the tactics that have been used by politicians that can also aid strategists.
1. How could the direct method be useful in making decisions? 2. After researching the reciprocal method, I am in complete agreement the reciprocal method being the most efficient cost allocation method. According to an accounting resource, the reciprocal method is a method of allocating service department costs to other org
Before you came to the company, it had conducted some market research on how popular its current product line was. Although the target market for the firm's product is huge, the sample size that was chosen for this research was 1,100 adults. The results of the research are the following: Sample size: 20 Likely potential targ
An examination of ethical business decision-making practices in global environments, focusing specifically on Halliburton's no-contest award of LOGCAP contracts in Iraq--implications are drawn from Dick Cheney's strategic position as Vice-President of the United States and former Halliburton CEO. Full reference information is provided in APA format.
The attached examination is in response to the following assignment criteria: Application of Decision-Making Process Submit a 2100-2800-word application of an ethics decision-making strategy to a current global business ethics situation. Begin the assignment by selecting a globally operating corporation. Next, select one s
Evaluating Decision-Making Scenarios Using Linear Profit and Cost Modeling Analyze cost behaviors and decision-making scenarios using linear profit and cost modeling. In a Word document, complete the exercises below and submit your responses per the instructions that follow. Vintage Cellars Vintage Cellars manufactures
1. If GAAP is not required for internal reporting, than management can develop any system they choose. This does however bring up an issue that is quite important to every company... efficiency. Companies obviously work hard to build their efficiencies and they strive not to waste their efforts. Time is money as they say. Howeve
Simple Plant manufactures DNA test strips. Manufacturing overhead is applied to units produced using direct labor dollars as the allocation base. The overhead rate is calculated prior to the beginning of the fiscal year that runs January 1 to December 31. Simple Plant has one manufacturing employee, J. Kusic, and one overhea
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 to
The Technically Techno company has several patents for a variety of different Flash memory devices that are used in computers, cell phones, and a variety of other things. A competitor has recently introduced a product based on technology very similar to something patented by Technically Techno last year. Consequently, Technicall
Discuss the assumptions that underlie the classical and administrative decision making models. Which model more closely aligns with you work and/or management style
*** THIS MUST BE BASED ON THE MCDONALD'S CORPORATION *** You will identify a decision that has recently been made or will be made in the near future in your organization. Identify three relevant and three non-relevant costs in this decision. If you cannot identify specific actual amounts, make a reasonable estimate and a
See attached files. The Drosselmeier Corporation, located in Munich makes Christmas nutcrackers and has an annual plant capacity of 2,400 product units. Its predicted operating results (in German marks) for the year are the following: (See attachment for figures) Compute the following, but ignore the income taxes: 1.)
With the information attached, using a RATIONAL or PROACTVE DECISION - MAKING TECHNIQUE to identify the solution(s) -Provide an analysis of the specific steps utilized in applying your selected decision-making technique -Using the definition and various elements of critical thinking; examine the decision-making model you
Discuss the value of ratio analysis in decision making for heath care organizations. o Include at least two ratios from each major group from the financial statements from your company or a health care company you select. o Provide examples with calculations and evaluate the meaning of the results related
For a bank organization, discuss decision making models/styles: Consider the most favorable aspects of each style to describe a process by which a problem can be identified and described to stakeholders in a manner that is sensitive to their perspectives. It doesn't have to be to in depth but enough so that we can compare/
1. You are the new marketing manager for a firm that produces a line of athletic shoes to be targeted to the college student subculture. In your memo to your boss, list some product attributes that might appeal to this subculture, the steps in your customers' purchase process, and recommend some marketing strategies that can inf
What decision making style is most prevalent in your organization? 1. 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? Provide an example of an organizational decision that would have benefited from using diff
What decision-making model(s) do you prefer? Why? How do the influences of internal and external stakeholders affect the decision-making model that best fits the situation? Provide an example of how stakeholders' influence might dictate which decision-making model is best in a particular situation What are your thoughts on
What does personal hygiene say about you? Do you have someone at work that doesn't display good personal hygiene? How does this relate to 'professional demeanor'? Along with personal hygiene, another issue of the last couple years is person's at work with many allergies, and some employees that wear ALOT of cologne or perf
I would like answers to these questions in your own writing instead of cutting and pasting a lot of Internet material. What is a Manager? Class, based on what we know from the Griffin text, is everyone considered a manager? Why, or why not? Managerial Ethics There is a great deal of pressure on CEOs in recent years to
What were weaknesses in the "fully rational" model of decision-making and what problems are encountered when completing the steps.
Think about a recent business decision you have made that was either a success or a failure. Your supervisor asked you to email him/her a self-evaluation of this decision as part of your yearly evaluation (please note: post your evaluation within the Unit 1 DB thread, not an actual e-mail to your instructor). You are to be as ob
Please use this as a reference: http://www.unicef.org/about/execboard/files/A_59_5_add2.pdf By this time, you should have an organization selected and approved for your project. In this module, we are going to have our second application to that project. Identify a decision that has recently been made or will be made in th
12-14: Flower City Cartridges (FCC) manufactures replacement cartridges for desktop printers. FCC uses standard costs within a job order cost system. In June, FCC purchased 18 gallons of blue ink for $385.20 and produced the following four different cartridge jobs using the blue ink (and other inks, materials, and direct labor)
12-11: The standard cost sheet calls for 80 pounds of zinc per batch of 70 faucets. Zinc has a standard price of $5.10 per pound. One thousand pounds of zinc are purchased for $5,530. Ten batches of the faucets are produced, and 840 pounds of zinc are used. There was no beginning zinc inventory. All variances are calculated a
Article to read: Jennifer L. Blaskovich (2008) Exploring the Effect of Distance: An Experimental Investigation of Virtual Collaboration, Social Loafing, and Group Decisions. Journal of Information Systems: Spring 2008, Vol. 22, No. 1, pp. 27-46. Analyze this research study selected from the academic literature. The analysi