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Managerial Decision Essay

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Managerial Decision Essay
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Managerial Decisions Essay
The concept of managerial decision is core in the teachings of the course. In economics,
managers are responsible for deciding the relevant and vital costs within an organization.
Executive decision-making involves making important decisions within an organization's
decisions often involve making important decisions that affect the company's progress and
expenditures. The managers are liable for deciding what type of cost is relevant for the company
and adjusting the future company costs. The managerial decisions revolve 12 essential concepts
of the expenses like Direct and Indirect Cost, Relevant Costs and Irrelevant, differential cost,
et.al. The overall theme of the concept is ensuring that managers make decisions that positively
impact the organization's progress (Bridge et al., 2018). This essay analyses Southwest Airlines
Co. in making strategic decisions on downsizing. The organization aims to reduce the operation
costs by the downsizing of its workforce. Therefore, the company should choose between
providing its employees with a stable working environment and downsizing its workforce to
lower the airlines' cost. This case will provide important insights into the application of class
concepts in the real-world environment.
Managers are often faced with countless decisions that determine the organization's
performance and make critical decisions that may affect the organization's performance. Making
the right decision requires understanding the potential consequences of all decisions made.
Therefore forecasting the organization's productivity and choosing the required number of staff
are critical decisions. These concepts are reflected in Southwest Airlines Co. Southwest Airlines
Co is a Dallas based airline company. The company goal is creating differentiation in their
quality of services and offering exemplary customer care services from their over 60,000
employees (Airlines, 2018). The airline is among the best airline services provider, according to

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1 Managerial Decision Essay Student’s Name Institution Course Date of Submission 2 Managerial Decisions Essay The concept of managerial decision is core in the teachings of the course. In economics, managers are responsible for deciding the relevant and vital costs within an organization. Executive decision-making involves making important decisions within an organization's decisions often involve making important decisions that affect the company's progress and expenditures. The managers are liable for deciding what type of cost is relevant for the company and adjusting the future company costs. The managerial decisions revolve 12 essential concepts of the expenses like Direct and Indirect Cost, Relevant Costs and Irrelevant, differential cost, et.al. The overall theme of the concept is ensuring that managers make decisions that positively impact the organization's progress (Bridge et al., 2018). This essay analyses Southwest Airlines Co. in making strategic decisions on downsizing. The organization aims to reduce the operation costs by the downsizing of its workforce. Therefore, the company should choose between providing its employees with a stable working environment and downsizing its workforce to lower the airlines' cost. This case will provide important insights into the application of class concepts in the real-world environment. Managers are often faced with countless decisions that determine the organization's performance and make critical decisions that may a ...
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