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Decision making

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BMAL 703
TOPIC: DECISION MAKING
TYPE OF PAPER: RESEARCH PAPER
DISCIPLINE: BUSINESS AND MANAGEMENT
UNIVERSITY: Liberty University
INSTRUCTIONS/QUESTION: Successful managerial decision-making is often complex,
because managers attempt to analyze options and make determinations to select the best course of
action in response to opportunities and threats. In this assignment, students will examine different
ways to make decisions that will optimize organizational performance.

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DECISION MAKING TECHNIQUES 2
ABSTRACT
The survival of a company requires astute decision making from manager at all levels.
Opportunities for both big and small decisions arise throughout the daily operations of an
organization. Therefore, managers are constantly giving decisive directions to subordinates to
ensure that all things run smoothly. Scholars have come up with several decision making
methods which guide the choices that management makes in all circumstances. The different
techniques are suitable for different scenarios and it is the duty of the managers to analyze and
apply them accordingly. Notably, there are various ways in which the Bible advises to approach
problems. This guidance also applies for company decisions. The Bible says that one must weigh
the outcomes properly before making a decision. Further, it states that a hasty choice can be full
of errors therefore advices caution when a manager faces a difficult decision such as the Maxim
Baby Ltd scenario. The company wants to introduce new essential baby oils in the market and
the dilemma is whether to build a small or large plant.

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BMAL 703 TOPIC: DECISION MAKING TYPE OF PAPER: RESEARCH PAPER DISCIPLINE: BUSINESS AND MANAGEMENT UNIVERSITY: Liberty University INSTRUCTIONS/QUESTION: Successful managerial decision-making is often complex, because managers attempt to analyze options and make determinations to select the best course of action in response to opportunities and threats. In this assignment, students will examine different ways to make decisions that will optimize organizational performance. DECISION MAKING TECHNIQUES 2 ABSTRACT The survival of a company requires astute decision making from manager at all levels. Opportunities for both big and small decisions arise throughout the daily operations of an organization. Therefore, managers are constantly giving decisive directions to subordinates to ensure that all things run smoothly. Scholars have come up with several decision making methods which guide the choices that management makes in all circumstances. The different techniques are suitable for different scenarios and it is the duty of the managers to analyze and apply them accordingly. Notably, there are various ways in which the Bible advises to approach problems. This guidance also applies for company decisions. The Bible says that one must weigh the outcomes properly before making a decision. Further, it states that a hasty choice can be full of errors therefore advices caution when a manager faces a difficult decision such as the Maxim Baby Ltd scenario. The company wants to introduc ...
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