Colorado State University Outsourcing a Division Presentation

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wraaynyr

Business Finance

Colorado State University

Description

Option #1: Outsourcing a Division

Assume you are a strategic leader in a large international manufacturing organization. The organization has experienced a significant loss in revenue over the last two years; now you must consider outsourcing a division to another country in order to reduce expenditures and sustain the company for years to come. Given that your role as a strategic leader is to focus on long-term planning, you must ensure that your decision making is effective and will meet the overall organizational goal of sustainment. Thus, address the following:

  • Describe the steps you would take in evaluating the decisions to be made in this situation.
  • Explore whether or not you would use prescriptive or descriptive decision making.
  • Explain your reasoning for the type of decision making you selected.
  • Evaluate the critical thinking skills you think are necessary to make this decision.

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Explanation & Answer

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presentation of OUTSOURCING A DIVISION .
Name
Course
University
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INTRODUCTION: decision-making process
The decision evaluation process is making choices by:
I.

Pinpointing a decision

II.

Collecting necessary and enough information e.g. feasibility study
of firms products.

III.

Assessing alternative resolution e.g. product design differentiation
for chosen county.

decision-making process steps
Recognize the decision by screening internal and external environmen...


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