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RUNNING HEAD: MEMORANDUM 1
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Student Name
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Instructor Name
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MEMORANDUM 2
Memorandum
To : Martin K Peterson, Chief Executive Officer
From : XXX
Subject: Decision making as a Senior Manager
Date : 18/10/2014
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?
Decision making of a senior manager must always consider the vision, mission, goals, ethics and
objective of the company. Manager’s decision must fall within the vision, mission, goals, ethics
and objective of the company (Brigham, E.F. &. Daves, 2012). All the decisions of the manager
must be evaluated and must be compared to know whether it falls within the strategic plan of the
company.
It is very important to evaluate about the decision’s outcome. It has to be evaluated against the
objectives and goals of the company (Brigham, E.F. &. Daves, 2012). If incase the decision
made by a senior manager fits with all these criteria then, such decisions can be considered
effective and good.
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.
Assumptions are nothing but the estimates that are made for the future condition; this includes
various scenarios or situation which might take place in the future or can prevail (Brigham, E.F.
&. Daves, 2012).

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RUNNING HEAD: MEMORANDUM 1 Assignment Title Student Name Course Name Instructor Name Date MEMORANDUM 2 Memorandum To : Martin K Peterson, Chief Executive Officer From : XXX Subject: Decision making as a Senior Manager Date : 18/10/2014 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? Decision making of a senior manager must always consider the vision, mission, goals, ethics and objective of the company. Manager’s decision must fall within the vision, mission, goals, ethics and objective of the company (Brigham, E.F. &. Daves, 2012). All the decisions of the manager must be evaluated and must be compared to know whether it falls within the strategic plan of the company. It is very important to evaluate about the decision’s outcome. It has to be evaluated against the objectives and goals of the company (Brigham, E.F. &. Daves, 2012). If incase the decision made by a senior manager fits with all these criteria then, such decisions can be considered effective and good. In the realm of decision making, what are assumptions? Rather than use a dictionary d ...
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Very useful material for studying!

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