Individual Assignment 3

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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

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RUNNING HEAD: MEMORANDUM1Assignment TitleStudent NameCourse NameInstructor NameDateMEMORANDUM2MemorandumTo: Martin K Peterson, Chief Executive OfficerFrom : XXXSubject: Decision making as a Senior ManagerDate: 18/10/2014Describe at least 3 criteria that would determine whether the manager is making gooddecisions. 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 andobjective of the company. Managers decision must fall within the vision, mission, goals, ethicsand objective of the company (Brigham, E.F. &. Daves, 2012). All the decisions of the managermust be evaluated and must be compared to know whether it falls within the strategic plan of thecompany.It is very important to evaluate about the decisions outcome. It has to be evaluated against theobjectives and goals of the company (Brigham, E.F. &. Daves, 2012). If incase the decisionmade by a senior manager fits with all these criteria then, such decisions can be consideredeffective and good.In the realm of decision making, what are assumptions? Rather than use a dictionaryd
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