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Need Help With Some Questions

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Running head: NEED HELP WITH SOME QUESTIONS Need help with some questions Student’s name: Institution affiliation: 1 NEED HELP WITH SOME QUESTIONS 2 Question 1 The business managers are tasked with the mandate of making decisions on most of the matters affecting an organization. The decisions made, at any level of a business affects the organization in some way. The managers should, therefore, be keen with the decisions they make (French, 2014). It, therefore, calls for the best decision-making method that best solves the problem or situation at hand without harming the organization. Some decisions can lead to negative implications like a violation of business ethics. One decision-making method that I recommend to managers is the use of a decision tree (French, 2014). A decision tree, as a decision-making tool, is effective in formulating a decision on organizational situations that may have ethic considerations. For example, a company that wishes to downsize its workforce faces ethics implications in the process of layoff. The laid-off employees can damage the image of the company or file a legal suit against the employer. Making such a decision can be analyzed using a decision tree. A decision tree utilizes branches that represent options that the managers can choose. The options can have other options as well, which follow each other in one line of thought. The decision tree identifies possible options and the estimated ethical, economical and operational implicati ...
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