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Production Management

Quantitative Module A: Question 3: Give an example of a good decision you made that resulted in a bad outcome. Use the six steps in the decision process to present your decision. Also, give an example of a bad decision you made that had a good outcome. Why was each decision good or bad?

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The response address the queries posted in 552 words with references.
// As per the requirements of the paper, it will discuss about two types of decisions. One is a good decision that resulted in a bad outcome and the other is a bad decision that resulted in a good outcome. It will help you in gaining knowledge about decision making. //

Good Decision that resulted in a Bad Outcome

An organization should always take a decision by thinking over it from all sides. The negative, as well as, positive outcomes related to the decision should be analyzed. The decision should be taken in a step wise manner and it should be implemented properly in an organization. The paper will discuss about a decision related to production management, which was a good decision but resulted in a bad outcome.

The decision was taken in a ...

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The response address the queries posted in 552 words with references.

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