...Week Three: Decision Making Details Objectives 3.1 Describe tools and/or techniques used in decision making. 3.2 Examine decision-making models and influences. 3.3 Apply a decision-making technique to a situation. Readings Read Ch. 14 of Critical Thinking: Tools for Taking Charge of Your Learning and Your Life. Read Ch. 1–3 of Smart Things to Know About Decision Making. Read Ch. 4, 12–26 of Decide & Conquer: Make Winning Decisions and Take Control of Your Life. Read this week’s Electronic Reserve Readings. Participate in class discussion. Respond to weekly discussion questions. W3 8 2% Participation Discussion Questions Nongraded Activities and Preparation Decisions in Paradise Business Scenario For Weeks Three through Five, you will work individually using the Decisions in Paradise Business Scenario located on your student website as the basis for these three assignments. In this scenario, you will play the role of Nik, and your current employer is the organization represented by Alex, Nik, and Chris. You will also use the mission of your current organization to assist you in decision making in discussing this business scenario. There are three phases to this assignment which will be cumulative, meaning that each part will build upon the next. You will use this paper and feedback from your instructor as input to improve your Week Four and Week Five assignments. The three deliverables for this project are: Week Three: Decisions in Paradise Paper, Part I Week Four:...
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...Decisions in Paradise Part - II Decisions in Paradise Business Scenario, Part II. Introduction: As it was discussed in the previous paper, “Decisions in paradise: Part I”, our company was looking at establishing a greater presence in Kava which is small island country in the South Pacific. Kava has been plagued with unfortunate circumstances that have brought about one disaster after another. , The problems facing the Arcadia Child and Youth Corporation were discussed. The problems were as follow: Organizational and Environmental Obstacles Construction, Resources and Actions Required, Ethical Implications, Factors Affecting Implementation has been evaluated. Everything is in order and we have other matters to consider now. We will start with the decision making technique from the University of Phoenix Model the 9 –step technique to complete this expansion in Kava. 1) Justify the use of decision-making models. 2) Analyze the elements of decision-making models. 3) Perform a situation analysis. 4) Differentiate between symptoms and problems. 5) Develop alternative solutions. 6) Evaluate alternative solutions. 7) Describe how personal, cultural, and organizational values impact ethical decision-making. 8) Select the best possible solution. Proposal Feedback from The Arcadia Child and Youth Corporation executive’s Team This paper, Decisions in Paradise Part II will provides information regarding the proposal to build a Child and Youth center on the South Pacific island...
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...Running Head: Decisions in Paradise Part II Decisions in Paradise Part II NAME MGT 350 January 23, 2012 Introduction Within the context of Decisions in Paradise I, I discussed some of the different obstacles that TEVA, USA is encountering while trying to enter the country of Kava, a South Pacific Island. I also shared different approaches that my company TEVA, USA can take to address the many challenges that the island presents. Any solution that I, or my partners, propose will have an effect on Kava and this should be taken into consideration when implementing our techniques. The process of assessing the available solutions will be explored within Decisions in Paradise II. The most difficult problem to overcome is that Kava is a hard island to inhabit because of the unavoidable issues the face with disasters and disease. In addition to the mess that the island is in, the office that TEVA occupies is also in havoc. They lack sufficient employees and the office in unorganized. After identifying the problems at hand, I have determined that the basic solutions would be; hire a new receptionist, clean up the office space, and implementing contingency plans for every natural disaster that may impact the land. This would include a safety plan, a cleaning plan, and a safe place for everyone to go when disasters do strike. Decision-making Technique Several influences have been identified to lead to the issues that are affecting Kava today. The main...
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...Decisions In Paradise, Part II Betty A. Brown University of Phoenix Critical Thinking: Strategies In Decision Making Willetra Brittain November 9, 2011 Paradise Decision Part II The mission statement of Wilsons Leather is “to run a successful business while successfully assisting the community”. While the success of any business is important for the C.E.O and management of the business, the company should also be involved in the community events and be accountable for social responsibility. As Kava is a small island in which tourism and young high school to college students account for its population (University of Phoenix, 2011). Some changes to the company would be beneficial. For example, having a Decision-Maker thinker in the group is a good starting point. Some of the attributes of a decision maker are the thinking styles critical thinker might poses are: collective, democratic Autocratic or concessions. In addition, risk management/risk rating system (RSS) is an important attribute to have in a company, especially when the business is being based at an area where some of the business threads are diseases such as HIV/AIDS. Being able to identify the interference and assumptions (Elder & Paul, 2002) of this location is key to implement the appropiate decision-making technique. Although all of the decision-making techniques are functional and produce a significant turnaround for the business, the technique most appropriate would be the collective...
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...[pic] School of Business Syllabus MGT/350 Version 5 Critical Thinking: Strategies in Decision Making Lou Ferracane Course Start Date: 10/26/2010 Course End Date: 11/23/2010 Campus/Learning Center: Oklahoma City Campus Please print a copy of this syllabus for handy reference. Whenever there is a question about what assignments are due, please remember this syllabus is considered the ruling document. Copyright Copyright © 2009, 2006, 2004, 2003, 2001, 2000 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Facilitator Information Lou Ferracane ferracal@email.phoenix...
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...Both plays, Richard II and King Lear, start by Richard and Lear believing that the gods are on their side and that God put them there for a reason (the divine right of kings). However throughout the plays their attitude towards divine assistance changes and they both realise they will have to pay for their mistakes. The divine right of kings in Richard II is present throughout the play. In Act 3, Scene 2 Richard says, ‘not all the water in the rough rude sea can wash the balm off from an anointed king;’. Earlier in the play Richard refers to himself as ‘England’ and the common people as the ‘sea’. He thinks that ‘the rough rude sea’ (the common people) cannot get rid of him because he is an ‘anointed king’. This means that he believes that God chose him to be king over everyone else. Shakespeare makes Richard appear, to the reader, as a egoistic, selfish king that doesn’t spare a thought for the common people of England by labeling them as the ‘rough rude sea’. This suggest his relationship with them isn’t good. In Richard II there are many references to the bible. England is described as ‘this other Eden, demi-paradise’ because Richard is ruining England like Adam and Eve ruined the paradise which God created when they were tempted by the snake. He’s making a ‘demi-paradise’ by making the wrong decisions. In act 3, scene 4 the Queen says, ‘Thou, old Adam’s likeness, set to dress this garden, How dares thy harsh rude tongue sound this unpleasing news? What Eve, what serpent...
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...Decision In Paradise Emmanuel Brew Riverson MGT 350 Critical Thinking: Strategies In Decision Making Kevin McPhee May 5,2012 Decisions in Paradise – Part II Most business decisions are taken by senior executives based on assessments that will determine in advance what will happen if the business takes the expected direction. Financial tools (i.e. cost benefit analysis) are truly helpful during the decision-making process; however, they should never be confused with the decision as the outcome of the decision-making process (Langdon, 2001). In “Decision in Paradise – Part 2”, Joey will utilize a decision-making technique that is suitable for this scenario as well provide a step-by-step analysis while utilizing the technique. Finally, he will discuss the decision-making model he selected and how the model selected influences his proposed solutions. Cost Benefit Analysis The decision-making technique that Joey selected for his business study at Kabo is the cost benefit analysis. The cost benefit analysis is completed in order to determine how well or poor a plan will turn out. Cost benefit analysis is also known as “running the numbers” as it relies on adding positive factors and subtracting the negative ones in order to determine a net result. The difference that is found between benefits and costs will advise if the plan is feasible. The cost benefit analysis must include all the costs, all the benefits and properly quantify them in order to get accurate analysis. Although...
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...Decisions in Paradise Part II Lisa M. Campbell MGT/350 December 19, 2011 Professor Rebecca Marek Decisions in Paradise Part II The decision to open a hotel on the island of Kava has been a challenge for owner Lisa Campbell. Decision-making and numerous situations are evaluated to ensure this decision-making will be best not only for the hotel but also that it will benefit the local islanders and the people who visit Kava temporarily. The Marriott Kava hotel is projected to be a medium size facility. The accommodations will ensure local islanders, patients receiving extended health care at the local cancer center, families, couples, and even business travelers will have a place to stay during their visit. The decision is if it will be more beneficial to build a standalone hotel in the middle of the island, merge the business with the local cancer center, or build the hotel near the airport ensuring it is near the new transit shuttle bus company. Building a standalone hotel ensures that if the tourism and visitor rate to the island increases the hotel will have no obligations and commitments to another company and able to focus on just providing space for guest of the hotel. The downside of this is that the business owner limits herself to other business opportunities if the standalone method is sought after. Business is based on the needs of living areas on a temporary basis. The developer that has come to the island to build housing projects for the...
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...Decisions in Paradise, Part II Veronica Evaristo MGT/350 December 5, 2011 Ken Rath Decisions in Paradise, Part II The community of Kava is presented with various environmental challenges that affect the progress of the economy. As an organization in this location, running a business also poses a complex trial to be profitable and successful. ANZ Guam, Inc. (ANZ), a new banking institution in Kava, realizes these challenges to be grow its business and simultaneously provide to the community. Considering most people from Kava would not appeal to the products of a bank, ANZ hopes to provide adequate financial education to the community. With a general banking knowledge in the people’s hands, they will understand how banking products can benefit their financial needs. Collaborative Decision-Making In Kava, there are many natural disasters that occur compromising the country’s key elements that help stimulate the economy. Disaster threats like tsunamis, typhoons, floods, and earthquakes destroy the processing and plantations of coffee, cocoa, spices, banana, and sugar. How do the people and business owners recover from these catastrophes? The community can receive financial gain by learning the bank’s benefits of saving money and borrowing money to assist through these hard times. The plan for this organization is to market deposit accounts for the people and businesses in Kava and provide the education of saving and managing money. In addition, the bank hopes...
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...Decisions in Paradise Decisions in Paradise “Kava is a significant island in the south pacific. More than 50% of the population is under the age of 15. Kava consists of an ethnic mix of indigenous South Pacific tribes which, consist of Asian, French, and Spanish but has had a significant increase of Americans after World War II” (Business Scenario) The economy in Kava consists of “petroleum, coffee, cocoa, spices, bananas, sugar, tourism, fishing, and natural gas” (Business Scenario). The quality of labor is inexpensive. In an effort to be considerate of the stakeholders involved, Nicholas Financial, Incorporated needs to consider the details of the problems, the issues that need to be addressed, and try to come up with solutions to every problem on Kava. Kava has had their share of natural disasters as well as epidemics. These “natural disasters include tidal waves, tsunamis, typhoons, hurricanes, tornadoes, floods, volcanic eruptions, and earthquakes” (Business Scenario). The petroleum spill is affecting the eco-system, marine wildlife and the integrity of beach property of the island. The other natural disasters have complicated these issues even further. Unfortunately, disease has become widespread because of the multitude of these disasters that have hammered this island recently. The devastation of the HIV/AIDS virus and the avian flu has presented other concerns to Kava and need to be addressed. Nik and Chris have asked...
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...Decisions in Paradise, Part III Tracey Robbins MGT 350 Critical Thinking: Strategies in Decision Making November 3, 2009 Decisions in Paradise, Part III Looking back into the Decisions in Paradise Part I and II, it covered identifying the problems, defining criteria, goals and objectives, evaluating the effect of the problems and identifying the cause of the problems. In the third and final phase of this evaluation, I will now offer recommendations that One Stop Super Center can use to move forward in its expansion to the island of Kava. Working through the last part of the nine step decision-making process, will review the factors that will have to be considered during implementation. We will work to evaluate resources that will be needed during the part of the decision-making process. Once the implementation has taken place, measuring the process will be necessary to ensure that the plan stays on track. The evaluation of the stakeholders and the ethical implications of the solution will also need to be evaluated to ensure a proper solution have taken place. After consulting with various departments within our organization, I have devised a written plan to use as a guide when meeting with the government. The first step I will carry out in this plan is to organize a roundtable meeting with representatives from all aspects of business on Kava, as well as government officials. The first meeting of officials will consist of identifying all of the problems...
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...Running head: Decisions in Paradise Part II 10 October 2007 Decisions in Paradise Part III As has been previously described in the first two parts of the Decisions in Paradise, various solutions and techniques have been developed for the company’s greater presence in the island of Kava. Developing the company and the people of the island without sacrificing the company’s goals and objectives is the main target towards success. This paper will focus on the implementation of the solutions mentioned in the previous paper. This will emphasize on the factors that affect the implementation process within the organization, resources and actions required for decision implementation, and ethical implications from stakeholders previously mentioned. Looking at the important factors that affect the implementation process within the company itself would be necessary. The main issue to be handled would be the implementation of the issues that has been analyzed and discussed. To be able to have an assistant towards the implementation, having a position on Office of Strategic Manager (OSM) with the purpose of coordinating decisions implementation the same way as the CFO coordinates with the budgeting process. The presence of the OSM in the company will provide a local manager to handle the implementation process of the decisions and coordinated the local company’s objectives more effectively while freeing the corporate office out of trouble. Other issues to handle...
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...Decisions in Paradise Part II Decisions in Paradise Part II Kava, an important tropical island nation in the South Pacific, overwhelmed with social, environmental, economic, and financial pressures. We are here at the request of the government of Kava, and with the support of its citizens. The Company is reviewing our ideas to relieve some of these pressures. Implementing some sort of youth-oriented work study and organized activity program, and investing to improve the infrastructure of Kava. Although these ideas are worthwhile, ideas without a plan to actualize them are just ideas. We assessed the effects of the problems, and we have identified problems we wish to solve. A decision, one way or the other, must be made. Several decision-making processes are available for use to determine the best course of action. The purpose of a decision-making process is to diagnose the issues needing clarification, identifying options and the impacts of those options, and finally to arrive at a conclusive decision. We will use the Six Thinking Hats technique to scrutinize our ideas and arrive at the best decision for the nation of Kava and its people. Six Thinking Hats is a decision making process, developed by Edward de Bono, which allows us to explore different points of view about difficult challenges (The de Bono Group LLC ). Seeing ideas from differing points is a sound strategy to follow when tackling complex issues. The Value Based Management (2010) website states...
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...Decisions in Paradise Paper: Pa Mgt/350 May 12, 2011 Bruce Betts Decisions in Paradise Paper: Part II Making decisions in life is hard within itself let alone trying to make decisions that will better an organization however, decisions need to be made and thought through so that the decision made is the most preeminent for the problem. When you have to make a choice and don't make it, that is in itself a choice (James, 2010). Decision Making Technique The decision making model goes well with our circumstances and organization. This model offers immense features on how to concentrate while trying to make a decision. To establish Kaiser Permanente’s greater presence in Kava the decision making model allows us to break down our problems and evaluate each problem put forth. This model allows us 1. Identify the problems Kava offers. 2. Define criteria, goals and objectives. 3. Evaluate the effects of the problem. 4. Identify causes of the problem. 5. Frame alternatives. 6. Evaluate impacts of alternatives 7. Make the decision. 8. Measure Impacts. 9. Implement Decision. The decision making model permits our organization to effectively focus on the problem of establishing a facility in Kava to provide healthcare. Defining criteria, goals and objectives is for the most part likable because those are issues that necessitate being thought of prior to our organization making a valid decision if we are going to build a new facility in...
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...Decisions in Paradise Part 3 January 9, 2011 MGT/350 We think of tropical destinations as a paradise not Kava. Kava is in a South Pacific Island that is facing hardship and has many challenges that need to be met in order for the residence to grow. They have asked A & E disaster corporation help in the process. The company I work for will determine how it will build this disaster stricken country. We will identify the problems; define criteria, goals, and objectives. In this paper I will discuss the problems that we will encounter during the decision making process and how to resolve them. I will also discuss organizational processes, human resources, and ethics within the company. Decision making is important for A& E Recovery Corporation and there are many tools, techniques, and knowledge that can apply when making choices on decisions and alternatives. Within two weeks of finishing my degree in business management, I was hired at A& E Disaster Corporation as an assistant to director of strategic planning. The director of strategic planning is Alex. The company requires me to travel for my first assignment. Upon arriving in Kava I noticed the community was a mess. I meet my supervisor Alex; he told me that Kava was in great need of assistance. I have identified the following problems. The island is located in the path of many potential natural disasters that threaten the infrastructure, crops, and livelihood of the people. The disasters...
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