Describe at least 3 criteria that would determine whether the manager is making good decisions, Monitoring Performance homework help

User Generated

Gvan.Yhafsbeq

Business Finance

Description

Memo in Original Writing that includes all of the below:

You have just been promoted from front-line supervisor to be one of the firm's senior managers. During your business education, you learned that the primary role of a manager is to make good decisions. As a supervisor, you had frequently been making routine decisions, but you realize that decision making for the overall company can and will have far greater impact on the company and its employees.

Your boss, the chief executive officer (CEO), realizes that you do not have much practice in this higher level, decision-making process and has asked you to write a memo describing your understanding of how to make important decisions.

Your memo should address the following questions:

  • Describe at least 3 criteria that would determine whether the manager is making good decisions. What should be done to better assure that you are making a good decision?
  • In the realm of decision making, what are assumptions? Rather than use a dictionary definition, cite several specific assumptions that would go with any real-life decision you have made or have seen made at a company at which you have worked.
  • Given the importance of proper assumptions, your boss asked you to assess the accuracy of certain business assumptions and what could you do to test or confirm the credibility of them. The following were major assumptions for each firm:
    • An automobile manufacturer's assumption that the demand for SUVs would continue because gas prices would continue to rise
    • An airline's assumption that there was a need for an airline that provided no added amenities

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Explanation & Answer

Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work Good luck in your study and if you need any further help in your assignments, please let me know Can you please confirm if you have received the work? Once again, thanks for allowing me to help you R MESSAGE TO STUDYPOOL NO OUTLINE IS NEEDED AS IT IS A MEMO Instructions – 100% completed Plagiarism check – 100% check – report attached Spell and Grammar check – 100% check using Grammarly

Monitoring Perfromance
by Robert F

FILE

MONIT ORING_PERFORMANCE_MEMORANDUM_PLAG.DOCX (19.5K)

T IME SUBMIT T ED

01-AUG-2017 08:49AM

WORD COUNT

494

SUBMISSION ID

834494035

CHARACT ER COUNT

2611

Monitoring Perfromance
ORIGINALITY REPORT

4

%

SIMILARIT Y INDEX

0%

0%

4%

INT ERNET SOURCES

PUBLICAT IONS

ST UDENT PAPERS

PRIMARY SOURCES

1

4%

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