Pinnacle Machine Tool Company Don Anglos had to decide whether to trust his gut or his head, and he had to make that decision by next week’s board meeting. Either way, he knew he was bound to make at least a member or two of his senior management team unhappy. The question at hand was whether Pinnacle Company, the small, publicly held Indiana-based machine tool company he led as CEO, should attempt to acquire Hoilman Inc. Hoilman was a company known for the cutting-edge sensor technology and communications
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Guide to Case Analysis A case presents a situation involving a managerial problem or issue that requires a decision. Typically, cases describe a variety of conditions and circumstances facing an organization at a particular time. This description often includes information regarding the organization's goals and objectives, its financial condition, the attitudes and beliefs of managers and employees, market conditions, competitors' activities, and various environmental forces that may affect the
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Accounting, 8th Edition Chapter 1 – Decision Making and the Role of Accounting 1. Economic Decisions Many of the decisions that we make involve the use of economic resources for consumption or investment purposes. Other factors that need to be considered when making decisions are: 1. Personal taste. 2. Social factors. 3. Environmental factors. 4. Religious and/or moral factors. 5. Government policy. Steps in the decision making process: 1. Establish goals. 2. Gather
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THE TWO-STEP FLOW OF COMMUNICATION A report called The People´s Choice* was made after analysing the process of decision-making during the course of an election campaign in 1940. After the analysis the authors suggested that the flow of mass communications may be less direct than was commonly supposed. Authors of The People Choice proposed the following Hypothesis: Influences deriving from the mass media first reach “opinion leaders” who, in turn, pass on what they read and hear to those of their
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down completely. Such an overall will demand careful attention to all stakeholders involved. Global Communications must take the time needed to get to the root of the problem. Recovering from the current state of destruction will mean making decisions that may not be supported initially by all parties involved. It is in these areas that GC must strive to maximize the communication process of transmitting an effective message that the company understands the concerns and questions of each stakeholder
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business process re-engineering to gain significant improvements. The process of managing assets and repairs mapped and analyzed using the unified modeling language (UML). There are up to 3 alternatives and 2 scenarios in each procedures during the making. The result of this observation is a new design process simulated using iGrafx to examine the
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wrong. One must demonstrate in achieving a good conclusion by following the five-step model: the first is to identify
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Decision Making Process Paper Tina Hay Management Theory & Practice/MGT 230 University of Phoenix December 9, 2013 Decision Making Process I was a stay at home mom with two children since 2003. I wanted to make my children’s lives better, I thought what better way to do that than to better mine. So, in 2008 I earned my GED and enrolled in classes at the University of Phoenix. I took online classes which allowed me to still be a mother. I was taking nothing away from my children while
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potential weaknesses (if any) do you see in Zara’s current IT infrastructure, IT strategy (planned improvements/additions to their existing infrastructure), and the process (who all are involved in the decision making for investment in IT and how often they meet and steps they go through to arrive at the decision) used to formulate the IT strategy? The obsolescence of the DOS-based POS system for one. Similar to Windows XP, everyone was so comfortable using this OS that when Windows offered improved Operating
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Personal Values Decision-making based on what’s “right” and what’s “wrong” is something that people have to do every day. It could be something minor, like deciding whether or not to help your elderly neighbor unload the groceries from their car, or it could be something major like deciding whether or not an employee needs to be let go from the company. However, when the subject of ethics comes up it can seem very complicated due to the considerable differences of opinion based on what makes
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