...Employee Decision-Making Student’s Name Professor Course Date Decision making in an organization is an integral part to organization’s survival. Right decisions if well implemented determine the organization’s going concern. In any organization, decision making is not only management affair, but every stakeholder who direct or indirectly is involved in the organization day to day operations should be involved in the decision-making of the organization. When each party views and opinions are included in the decision making, it brings the feeling of appreciation and recognition. But, the majority of managers feel threatened by including other non-staffs in the decision-making process. Managers fear losing control, as a result of letting employees decide what they are supposed to do, instead of getting direction from the management, this appears to be the greatest threat to managers. Another factor is mangers feel that involving employees and other stakeholders in the decision-making process may be the time-consuming and tedious process and therefore, to safe time they decide to do it on their own. Managers as the company leaders have the notion that, employees will make the decision that are too simple and which are only aimed at favoring them and d it will not produce the desired outcome in the organization. Involvement of employees in decision-making gives them their place value in the organization enables them to give opinions which are necessary for organization growth. Employees...
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...Abstract H5: What are the effects of human resources outsourcing on leadership performance and employee commitment? “Human resources outsourcing evolve from hiring payroll processing companies in the 1990s to delegating tasks previously performed by human resources assistants and specialist, such as recruiting, coordinating benefits and handling unemployment climes. Some small businesses outsource entire human resources departmental: however, money companies outsource singular processes. Small businesses to large corporations decide for one reason or another that outsourcing human resources functions is a way to improve efficiency and minimize staffing costs”(R. Mayhew,p 1). Outsourcing HR is a good strategy for business start-ups, and young businesses to early on develop high-quality hr management policies and practices. This allows businesses to spend more time and energy developing their products and customer bases. However, I do believe that business culture and values should not be determined, nor evaluated by an outside source. In the long run, companies should recruit their own talent and manage hr internally. So basically, outsourcing HR can have positive impacts on leadership and employee commitment in the short-term, but may not improve or have negative impacts on leadership and employee commitment in the long-term. HR outsourcing is shaping the future of human resources management. It is becoming an Increasingly attractive option for many organizations...
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...Decisions for Keva Kava is one of the many strands of islands in the South Pacific Ocean. Neighboring destinations such as Fiji, Cook Islands, Tonga, Samoa and Vanuatu attract many tourists who are in search of island paradise. Kava’s population is made up of an ethnic mix of local South Pacific tribes, Asian, African, French, Spanish, and increasing number of Americans. Local people speak various languages including French, English, Spanish, and indigenous dialect. The downside of Kava’s populations is that most of the people are under the age of 15. Kava’s economic sector gains income from petroleum, coffee, cocoa, spices, bananas, sugar, tourism, fishing, and natural gas as well as inexpensive, quality labor. The potential for increased tourism is well established in accordance with Kava’s location. Although there are some downfalls to the location, Keva sounds like a great place to vacation. The best business idea for a location like this would be a resort. The Air Force has resorts that can be used by active duty and retired personnel. With the economic times we are all encountering these days, the Air Force could reap some profits by having a resort in such a location. This sounds like a great idea, but one must consider the potential problems. Consideration of potential problems, impediments and investment returns must be considered to analyze the Air Force resort’s potential presence. Kava location in the South Pacific makes the island susceptible to a...
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...Assignment front sheet | Learner name | ------------------------------------------------- Assessor name | Aye Chan Myat Phyo | Daw Nwe Nwe Yee | Date issued | Completion date | Submitted on | 16.07.14 | 26.08.14 | 26.08.14 | Qualification | Unit number and title | Edexcel BTEC Level 4 HNC Diploma in Business | Unit-10 Business Decision MakingD/601/0578 | A | | Assignment title | Business Decision Making | In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. | Criteria reference | To achieve the criteria the evidence must show that the student is able to: | Task no. | Evidence | 1.1 | Create a plan for the collection of primary and secondary data for a given business problem | | | 1.2 | Present the survey methodology and sampling framed used | | | 1.3 | Design a questionnaire for a given business problem | | | 2.1 | Create information for decision making by summarising data using representative value | | | 2.2 | Analyse the results to draw valid conclusions in a business context | | | 2.3 | Analyze data using measures of dispersion to inform a given business scenario | | | 2.4 | Explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in a business context | | | 3.1 | Produce graphs using spread sheets and draw valid conclusions are based on the information derived...
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...Decision-Making Process Paper Jackie Gonzalez MGT/230 June 9, 2014 Decision-Making Process Paper Making decisions is something most all do on a daily basis. How do you know if you make the correct decision? There are many factors to be taken in consideration while in the process for decisions. For example, when you make a personal decision to take on a new job role; knowing how to evaluate all aspects becomes crucial. About a year ago, I was offered a position within my organization as a Sales and Service Advisor. I knew from the beginning my current position as a Sr. Branch Associate was not where I wanted to stay at, so I began to evaluate my options. I brainstormed all the pros and cons of taking the new job role. I researched further as to how each pro and con would benefit and affect the organization, me directly, and my family. I came to analyze any potential risks, I would have based on my decision. Then, I had to determine what had more value and importance to me. From there on I made the choice to stay with my current job role. Even though from day one I knew I did not want to stay with the same position, I decided not to move because I would then be doing something that may have steered me away from my career goal. In comparison to the material on Ch. 3 of Management: Leading and Collaborating in a Competitive World, I believe the decision making process I took was quite similar because both had a root cause for decision making, made an evaluation of choices...
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...Introduction Being in a more and more globalized economic world, it’s not easy to make sure any decision would end up with the best reward, for there are a lot of potential problems (competition and market change for instance) may finally lead to a risky situation. This would basically answer the question—do I agree with the notion that “decisions involving huge outlays of capital almost classic gut decisions: they involve risky, inherently ambiguous judgments between unclear alternatives”? However, even I do believe making decisions of most investment would have to face the uncertainty; it is comprehensive to notice some outlays of capital are not so hard to make. This article mainly focuses on illustrating this point of view along with the decision-making theory and some examples from industries. To get away from useless factors, suppose an ideal rational manager acting exactly in line with the decision-making theory, which means one would effectively following six steps(identify a problem, identify decision criteria, allocating weights, developing alternatives, analyze alternatives, and finally follow up and evaluate). It’s quite impossible for any investment to be successful with any of these steps in an ambiguous situation (although personally the third and fifth step reveals its complexity under most cases and is better been taken care of in particular). That’s the reason I believe this statement has its point under most cases, but with the idea of some outlays of capital...
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...17 TEACHING SUGGESTIONS Teaching Suggestion 3.1: Using the Steps of the Decision-Making Process. The six steps used in decision theory are discussed in this chapter. Students can be asked to describe a decision they made in the last semester, such as buying a car or selecting an apartment, and describe the steps that they took. This will help in getting students involved in decision theory. It will also help them realize how this material can be useful to them in making important personal decisions. Teaching Suggestion 3.2: Importance of Defining the Problem and Listing All Possible Alternatives. Clearly defining the problem and listing the possible alternatives can be difficult. Students can be asked to do this for a typical decisionmaking problem, such as constructing a new manufacturing plant. Role-playing can be used to make this exercise more interesting. Many students get too involved in the mathematical approaches and do not pay enough attention to the importance of carefully defining the problem and considering all possible alternatives. These initial steps are important. Students need to realize that if they do not carefully define the problem and list all alternatives, most likely their analyses will be wrong. Teaching Suggestion 3.3: Categorizing Decision-Making Types. Decision-making types are discussed in this chapter; decision making under certainty, risk, and uncertainty are included. Students can be asked to describe an important decision...
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...Ethical Decision Making Introduction Implementing a framework for ethical decision making within the Toy Company should be the first step to supporting overall company adoption of core ethical business approaches. So what exactly does ethical decision making address? From the base definition, it addresses the ability of an employee to make a decision when no apparent answer is obviously right or wrong. It addresses decisions based on differing perspectives, beliefs or bias. Ethical decisions may also incorporate ethics related to obedience, general care, or reason. In relation to obedience, decisions may not solely be based on legal concerns. Ethical decisions based on obedience may also address the moral implications of the decisions outcome. Moreover, ethical decisions made with care will introduce empathy or require the ability to see things from others perspectives. Finally, ethical decisions addressed with reason permit the company to base decisions on experience to predict the most likely outcome. Suggested Strategies for Implementation Following are two suggested strategies by which the Toy Company may ensure multi-level participation into ethical decision making models. 1. Implement a Code of Ethics and integrate that code into the company's mission statement and policies. By researching, reviewing, developing, and implementing a Code of Ethics into all facets of the company the employees will have a guideline detailing the base values governing ethical considerations...
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...Decision-Making of Health Care Information Systems HCI/500 Concepts of Health Care Informatics December 5th 2011 Decision-Making of Health Care Information Systems Today’s health care delivery model is undergoing an unprecedented evolution driven by industry-wide initiatives to improve patient safety, quality of care, and efficiency of delivery. At the heart of this evolution is Health care Information Technology. This paper discuss about the two types of health care information system are that includes an electronic medical record, known as the Veterans Health Information Systems and Technology Architecture (VistA) and PACS (picture archiving and communication systems): filmless radiology “A patient record system is a type of clinical information system, which is dedicated to collecting, storing, manipulating, and making available clinical information important to the delivery of patient care. The central focus of such systems is clinical data and not financial or billing information. Such systems may be limited in their scope to a single area of clinical information (e.g., dedicated to laboratory data), or they may be comprehensive and cover virtually every facet of clinical information pertinent to patient care for example it is computer-based patient record systems” (Institute of Medicine, 1997). As medical care gets more and more complex and new information is already overwhelming physician‘s capacity to treat patients with the latest information, physicians need...
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...1. Do you think it was important for Michael to stipulate his four criteria for the business, including the goal of generating a net income of at least $25,000 annually? Why or why not? Answer: Yes, it is important for Michael to stipulate the four criteria during planning for his new business. Michael is wise to set criteria other than simply making a profit. The first three goals are more of a mission statement while the fourth is an objective for the company. However, the reasons why Michael stipulating the four criteria for the business is important are as follows. First, Michael wants to do something he enjoys. Because he has prior experience in a related industry and he has envisioned having his own business he will be better prepared to handle the responsibilities of this new business. Second, Michael wants a business that would give back to the community. Michaels positive attitude will be reflected in the way he handles employees and customers. Michaels business will probably come from customers such as university groups, church groups, civic organizations, youth athletic clubs, and secondary school groups. Because Michael is offering quality shirts at a modest price, he will, in effect, be contributing to the community. Third, Michael wants a business that would grow and be more successful every year. This foresight (wanting to grow and be more successful every year) will encourage him to make decisions that will profit the business not just in the short run, but also...
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...Conditions in Russia and Their Effect . . . . Kouznetsov and Jones CONDITIONS IN RUSSIA AND THEIR EFFECTS ON ENTRY MODE DECISIONS OF MULTINATIONAL MANUFACTURING ENTERPRISES: A QUALITATIVE STUDY IDENTIFYING ISSUES FOR FURTHER RESEARCH IN THE AREA OF COUNTRY CONDITIONS AND THEIR IMPACT ON ENTRY MODE ALEX KOUZNETSOV, Melbourne Institute of Technology ASHELEY JONES, Melbourne Institute of Technology This study examines entry modes employed by foreign multinational manufacturing enterprises (MMEs) when entering Russia. This exploratory study focuses on country-specific conditions associated with the chosen entry mode - an important component in the consideration of overall entry strategy. Information from field studies representing 18 manufacturers – 10 directly manufacturing in Russia and 8 selling their products in Russia via representative/sales offices – was obtained by means of personal interviews with senior management in Moscow and constituted the primary qualitative data. Research questions are posed for further examination of conditions in Russia and the effects of such conditions on the entry mode decisions of MMEs. The study finds economic conditions to be the only important determinant of entry modes for large multinational manufacturing companies investing in Russia with other country factors playing no role in their choices. INTRODUCTION With the expansion of global business activity, the ability to analyze the key characteristics of potential...
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...EDUCATIONAL PREPARATION According to International Council of Nurses (2015) Nursing encompasses autonomous and collaborative care of individuals of all ages, families, groups, communities, sick or well and in all settings. Nursing includes the promotion of health, prevention of illness, the care of ill, disabled and dying people. Advocacy, promotion of a safe environment, research, participation in shaping health policy and in patient and health systems management, and education are also key nursing roles. There are three educational pathways one may follow to become a registered nurse. The first is a three-year diploma program, an associate degree, these are mostly offered by community colleges the last is a four-year baccalaureate degree offered at four-year offered in universities and universities. Though they are prepared in two different settings when completion of these programs both sit for NCLEX-RN exam. The NCLEX is the state board to license and RN for competency to work as a registered nurse. There are few differences in competencies between associate- degree nurses and baccalaureate degree level nurses including their level of commitment, leadership skills and their quality of patient care. Education is an infinite process. Every day, new developments emerge and new deceases and remedies discovered. The overall outlook of healthcare professions has dramatically changed in the past few decades. Nursing plays a very critical and important part in efficient care...
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...behave and the reasons they have for making a certain desicion are many, and different. Each consumer is separately influenced by the environment in which they live, be it work, friends, school , family, etc. Marketers should take in consideration this groups that can change or condition a desicion, for example. In countries like the U.S. family influence is not as strong and well marked as it is on Latin American, this is due to different life styles, culture , education and traditions that define each region and give them a unique essence and personality. This essence and personality based on the facts already mentioned such as culture, education, etc changes drastically a consumer’s behavior and preferences, and that is why it is so important to consider it when analysing our market. Let us now refer to the Household Life Cycle. for a start, the definitons given for household marketing on each place or for each marketer may vary for the place in which the marketer focuses, but if we were to focus on a specific place, the U.S.’s definition might be something more of a core social group that determines and defines our consumers. For example, on the U.S the Household Life Cycle (HLC) is not as long lasting as it is on Latin America because, as we said, in Latin American culture the family core is clearly stated and plays an important role on the consumer’s entire consumer’s life, since it was born until its adult desicions once they have reached independence. Once this has been...
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...Proceso de Toma de Desicion de Compra del Consumidor Ana E. Avilés MKT/435 Consumer Behavior 30 de octubre de 2011 Profa. María Aponte-Andino Proceso de Toma de Desicion de Compra del Consumidor Para ser mas eficaces en sus gestiones de vende, e interactuar con las necesidades de los consumidores, los expertos en mercadeo deben ser mas consientes del comportamiento del comprador y el proceso a seguir de la toma de decisiones de los consumidores. Aunque parezca algo de sentido común, las comercios venderían mas, si fueran capaces de entrar en las mentes de los consumidores. Lo primero es entender por qué la gente compra productos y servicios. En pocas palabras, la gente compra con el fin de satisfacer una necesidad. Las necesidades pueden ser funcionales o racionales, o pueden ser emocionales. Basta con saber qué tipo de necesidad tiene un cliente para comenzar a tener éxito con este. Cuando se apela a lo emocional se tiende a obtener mayor reacción del consumidor. La mayoría de las personas compran para satisfacer necesidades funcionales o emocionales, y generalmente hay recursos emocionales subyacentes que deben cumplirse. Al reconocer que las personas compran por necesidad, a través de sus compras sabemos cuales son estas necesidades. La mayoría de los comerciantes no esperan a saber que necesitan los consumidores, estos les crean la necesidad a través de la publicidad, las promociones, los vendedores, visuales, y más, para llamar la atención a las necesidades...
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...iPod : Creating An Iconic Brand HAMZA ŞANDA Product Introduction The iPod is a combination portable storing and playing audio files encoded by MP3 or AAC from Apple Computer and launched in 2001. The product line-up includes iPod Classic, the touch screen iPod Touch, the compact iPod Nano and the ultra-compact iPod Shuffle. All iPod models use an extremely small hard disk for storage. Also iPod Shuffle uses a flash memory; unlike the memory found in computers. This flash memory doesn’t lose its contents when the power is turned off. The storage capacity of all models has increased over time. From 2001 to 2011, it’s reported that Apple have reached 275 mio iPod sales. In just first quarter of 2011, more than 19 mio iPods had been sold worldwide and monitized 24,67 billion USD Revenue with 5,99 billion Net Profit. Brand Elements Name : iPod Slogan : 1000 songs in your pocket Character : Silhouette URL : http://www.apple.com/ipod/ Logo : Just Apple logo Symbol : brand name itself Packaging : Simple and fascinating What is the most important feature of iPod? The most important feature of iPod is the easy user interface. All iPOD models have an innovative and a simple design with color displays use antialiased graphics and text, with sliding animations. All new generation iPods have five buttons, also one is integrated into the click wheel as an innovation that gives an uncluttered, minimalist...
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