...the company is to set up business here and in doing so give some of what has been taken away back to the country. This is easily said than done. There are a lot of things to consider in solving the problem. The main concentration at this point will be organizational processes, human resources, and ethics. The organizational processes of the company are to flow together to do the best thing for the people involved in the company while also making profit. In order for us to be successful, our organizational processes need to aim for the most beneficial way to introduce and do business here in Kava. Having the company here will help to bring in a new additive to the economy. There will be new area of work opened to the people here The decision-maker weights the previously identified criteria in order The various key stakeholders in the company have a lot to gain or lose in the expansion to this place. The environmental obstacles can make or break the company. Business decisions need to be made in a consensus way when it comes to major decisions because the delicateness of the establishing of the company in this area. One of the major environmental issues here are weather conditions affiliated with the ocean such as...
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...Nana Offei University of phoenix Mgt/350 Decision in paradise paper two Professor Michael Caserta January 17, 2011 Decision in paradise part two The Island of kava has many obstacles up until to prevail over deep-sea queen need to work with the Kava administration to Identify proper procedures to have occurred in the recovery effort as well as provide first aid. Foodstuff and protection to all citizens I need will become a major investor in the rebuilding effort and work with government official on a reconstruction plan. In this plan, the subject to identify is specific problem areas and provides an outlet for development and proactive warning mechanism against future nature disaster This effort is a major mission and requires extensive problem classification rebuild Kava to complete with safety stranded that influence the quality of life for everyone in the Islands. Therefore, humanitarian Aid Calamity prevention, housing improvement, rebuilding hotel, and human resources are necessary to rebuild and constriction. Kava faces many challenges and decision-making, queen would share a greater presence in kava through a collaborative agreement with government official and the citizens of the beautiful Island. Evaluate the reimbursement against the operating cost to choose the most profitable choice involves monetary calculation of original and ongoing expenses against predictable return. However, creating sensible actions of the cost and benefits of specific measure...
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...Week Three: Decision Making Details Objectives 3.1 Describe tools and/or techniques used in decision making. 3.2 Examine decision-making models and influences. 3.3 Apply a decision-making technique to a situation. Readings Read Ch. 14 of Critical Thinking: Tools for Taking Charge of Your Learning and Your Life. Read Ch. 1–3 of Smart Things to Know About Decision Making. Read Ch. 4, 12–26 of Decide & Conquer: Make Winning Decisions and Take Control of Your Life. Read this week’s Electronic Reserve Readings. Participate in class discussion. Respond to weekly discussion questions. W3 8 2% Participation Discussion Questions Nongraded Activities and Preparation Decisions in Paradise Business Scenario For Weeks Three through Five, you will work individually using the Decisions in Paradise Business Scenario located on your student website as the basis for these three assignments. In this scenario, you will play the role of Nik, and your current employer is the organization represented by Alex, Nik, and Chris. You will also use the mission of your current organization to assist you in decision making in discussing this business scenario. There are three phases to this assignment which will be cumulative, meaning that each part will build upon the next. You will use this paper and feedback from your instructor as input to improve your Week Four and Week Five assignments. The three deliverables for this project are: Week Three: Decisions in Paradise Paper, Part I Week Four:...
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...Decisions in Paradise Part 2 University of Phoenix Critical Thinking: Strategies in Decision Making MGT/350 August 07, 2011 Decisions in Paradise Part 2 This paper reports on a company named “Drinks in Paradise” and the focus of the research that revolves around how critical thinking is used or how it affects a business decision. Drinks in Paradise wishes to expand their company to a location in Paradise. Nik is a new employee, the company has sent him to complete a business evaluation, and then to report his findings back to upper management. Nik will need to do a cost analysis of the situation and use the six systematic steps of the decision making process together with a cost benefit analysis in order to start the operation. To make an analysis every department has special techniques or tools they use. These tools check the feasibility and workability of a plan, and any unforeseen events. To make solid, sound, logical, and error free decisions is an important step from the beginning. “Critical thinking is thinking that proceeds on the basis of careful evaluation of premises and evidence and comes to conclusions as objectively as possible through the consideration of all pertinent factors and the use of valid procedures from logic” (Callahan, 1998 Par 1). Cost benefits analysis is a tool that can be used and will assist Nik and his team in conducting a financial analysis. This technique will help decide if a plan is a good one or not. Financial analysis...
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...Running head: DECISIONS IN PARADISE 1 Decisions in Paradise 1 Carolyn Joseph University of Phoenix Critical Thinking: Strategies in Decision Making MGT/350 Orlando Santana July 29, 2010 Decisions in Paradise 1 The New Beginning Nik Joseph a soon to be college graduate interviewed and landed a job of a lifetime. His decision was made under uncertainty because consequences occur in the in the failure and thus depend not only on the decisions makers choice (2008). He would be an assistant to the director of strategic planning of a large investment company, Grand Bahamas Industries. This company is located in the Bahamas, China, Canada, Mexico, and St. Thomas, and all over the United States. The Bahamas Industries an environmental friendly company focuses on helping disaster stricken countries clean up, and help to create jobs for natives. Nik position will take him to the South Pacific a small island name Kava. His major concern was whether he will obtain home sick and miss his family and friends. Nik’s brief introduction of the island during training excited him even more. He would be moving to Kava known as the land of paradise with beautiful beaches, white sand, large palm trees, tropical breeze, and fun in the sun. Current Issues Landing on the small pacific island, he was amaze to find the condition of the island totally different from his expectations Kava was a paradise lost. This island had experienced many natural disasters, earthquakes, tornadoes, tsunamis...
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...[pic] School of Business Syllabus MGT/350 Version 5 Critical Thinking: Strategies in Decision Making Lou Ferracane Course Start Date: 10/26/2010 Course End Date: 11/23/2010 Campus/Learning Center: Oklahoma City Campus Please print a copy of this syllabus for handy reference. Whenever there is a question about what assignments are due, please remember this syllabus is considered the ruling document. Copyright Copyright © 2009, 2006, 2004, 2003, 2001, 2000 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Facilitator Information Lou Ferracane ferracal@email.phoenix...
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...Decisions in Paradise Part - II Decisions in Paradise Business Scenario, Part II. Introduction: As it was discussed in the previous paper, “Decisions in paradise: Part I”, our company was looking at establishing a greater presence in Kava which is small island country in the South Pacific. Kava has been plagued with unfortunate circumstances that have brought about one disaster after another. , The problems facing the Arcadia Child and Youth Corporation were discussed. The problems were as follow: Organizational and Environmental Obstacles Construction, Resources and Actions Required, Ethical Implications, Factors Affecting Implementation has been evaluated. Everything is in order and we have other matters to consider now. We will start with the decision making technique from the University of Phoenix Model the 9 –step technique to complete this expansion in Kava. 1) Justify the use of decision-making models. 2) Analyze the elements of decision-making models. 3) Perform a situation analysis. 4) Differentiate between symptoms and problems. 5) Develop alternative solutions. 6) Evaluate alternative solutions. 7) Describe how personal, cultural, and organizational values impact ethical decision-making. 8) Select the best possible solution. Proposal Feedback from The Arcadia Child and Youth Corporation executive’s Team This paper, Decisions in Paradise Part II will provides information regarding the proposal to build a Child and Youth center on the South Pacific island...
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...Decisions in Paradise Part III University of Phoenix MGT/350 Decisions in Paradise: Part 3 In this paper we evaluate the final stage of the decision-making steps of the implementation of the expansion project of Wal-Mart in the island of Kava. Wal-Mart has decided to expand in Kava in order to support and promote the economy. Nik, Alex and Chris are representing the organization of Wal-Mart , and their mission is to plan for the implementation and a proposed solution to establish greater presence in the island. The island is faced with the threat of natural disasters. Tsunamis, typhoons, volcanic eruptions, earthquakes have ravaged the island. Disease such as HIV/AIDS and avian flu Avian Flu threaten the people of Kava. Determining the factors that have been considered and reviewed during the phase of the decision-making process we were table to identify the problems, define the criteria, goals and objectives, evaluating the effect of the problems and identifying the causes of the problems. The alternatives were framed and the impacts of the alternatives were evaluated to determine the implementation of the decisions to expand the current location of the Wal-mart Store. The decisions were based on the skills learned in the textbook Critical Thinking by Paul and Elder (2006). The factors affecting the implementation of the project were identified as three major factors: company image, technology and the environment. Wal-Mart is known in the U.S. for its...
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...Decision In Paradise Emmanuel Brew Riverson MGT 350 Critical Thinking: Strategies In Decision Making Kevin McPhee May 5,2012 Decisions in Paradise – Part II Most business decisions are taken by senior executives based on assessments that will determine in advance what will happen if the business takes the expected direction. Financial tools (i.e. cost benefit analysis) are truly helpful during the decision-making process; however, they should never be confused with the decision as the outcome of the decision-making process (Langdon, 2001). In “Decision in Paradise – Part 2”, Joey will utilize a decision-making technique that is suitable for this scenario as well provide a step-by-step analysis while utilizing the technique. Finally, he will discuss the decision-making model he selected and how the model selected influences his proposed solutions. Cost Benefit Analysis The decision-making technique that Joey selected for his business study at Kabo is the cost benefit analysis. The cost benefit analysis is completed in order to determine how well or poor a plan will turn out. Cost benefit analysis is also known as “running the numbers” as it relies on adding positive factors and subtracting the negative ones in order to determine a net result. The difference that is found between benefits and costs will advise if the plan is feasible. The cost benefit analysis must include all the costs, all the benefits and properly quantify them in order to get accurate analysis. Although...
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...Decisions In Paradise, Part II Betty A. Brown University of Phoenix Critical Thinking: Strategies In Decision Making Willetra Brittain November 9, 2011 Paradise Decision Part II The mission statement of Wilsons Leather is “to run a successful business while successfully assisting the community”. While the success of any business is important for the C.E.O and management of the business, the company should also be involved in the community events and be accountable for social responsibility. As Kava is a small island in which tourism and young high school to college students account for its population (University of Phoenix, 2011). Some changes to the company would be beneficial. For example, having a Decision-Maker thinker in the group is a good starting point. Some of the attributes of a decision maker are the thinking styles critical thinker might poses are: collective, democratic Autocratic or concessions. In addition, risk management/risk rating system (RSS) is an important attribute to have in a company, especially when the business is being based at an area where some of the business threads are diseases such as HIV/AIDS. Being able to identify the interference and assumptions (Elder & Paul, 2002) of this location is key to implement the appropiate decision-making technique. Although all of the decision-making techniques are functional and produce a significant turnaround for the business, the technique most appropriate would be the collective...
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...Decisions in Paradise, Part 2 Nina Bourda MGT/350 June 16, 2011 Mr. McKinley Decisions in Paradise, Part 2 In the decisions in paradise part I discussion, I clearly didn’t not describe the problem. The problem I foreseen was helping rebuild Kava to the once beautiful island it was. Wal-Mart’s goal was to help the people of Kava live better lives and save money. Wal-Mart also would help donate money and food to help rebuild the economy for the People of Kava. Wal-Mart’s presence in Kava would go through a series of decisions in order to make our presence successful. Decision-making is when we take our goals, find ways to implement them, and also make our goals achievable. There were many decision making process that we could have used in making our presence in Kava, however using the decision making that is most effective for a large corporation as Wal-mart would be rational style of decision making. Rational decision-making model “This is the most popular type of model and is based around a cognitive judgment of the pros and cons of various options. It is organized around selecting the most logical and sensible alternative that will have the desired effect. Detailed analysis of alternatives and a comparative assessment of the advantages of each is the order of the day” (decision-making confidence, n.d.). Using this decision making model was the most effective for a new company such as Wal-Mart. The Managerial departments would make the future decision...
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...Running head: DECISIONS IN PARADISE PAPER, PART III Decisions in Paradise Paper, Part III Amanda S. Adolf University of Phoenix Abstract The National Dissemination Center for Children with Disabilities (NICHCY) has decided to expand their presence on the South Pacific island of Kava. In order to make the expansion a reality, we must progress to the evaluation stage of the decision-making steps. Working through the last part of the nine step process NICHCY will review the factors that will have to be considered during implementation and will work to evaluate resources that will be needed during this phase of the decision-making process. Once the implementation has taken place measuring the process will be necessary to ensure that the plan stays on track. Decisions in Paradise Paper, Part III Thus far, we have covered identifying the problems, defining criteria, goals and objectives, evaluating the effect of the problems and identifying the causes of the problems. The National Dissemination Center for Children with Disabilities (NICHCY) has outlined the alternatives and evaluated their impacts of the alternatives. In order to move forward, NICHCY will implement decisions that have to be made to complete the NICHCY Community Center in Kava. NICHCY is known for their exceptional quality of service. The stakeholders have come to rely on this stability and commitment to excellence to make certain of NICHCY’s reliability in the investment...
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...Running Head: DECISIONS IN PARADISE 2 Decisions in paradise part 2 Abstract Rational decision making is an important process that needs to be evaluated in order to expand business operations in Kava. This type of decision-making making process will assist the organization in effectively analyzing the various business alternatives and effective implementation techniques. The decision-making process is influenced by several factors such as economic factors, political factors and social factors. The process of rational decision-making consists of different steps such as defining the objectives, implementation and formulating alternatives. Decision Making Technique for Establishing Presence in Kava In order for the organization to establish an increased and profitable business on Kava, the organization will need to establish a rational model of managerial decision-making. With this decision-making technique, the organization will be able to formulate rational decisions, gather and analyze all the relevant information, facts and data needed to make the final decision whether or not to establish a business in Kava. This technique will also make the management aware of different possible implementation plans, alternative plans of action, solutions and measurable results. The organization is an established and solid company. They have the capability to finance the expansion. The reputation of the corporate image makes it a desirable employer and will be able to...
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...Running Head: Decisions in Paradise Part II Decisions in Paradise Part II NAME MGT 350 January 23, 2012 Introduction Within the context of Decisions in Paradise I, I discussed some of the different obstacles that TEVA, USA is encountering while trying to enter the country of Kava, a South Pacific Island. I also shared different approaches that my company TEVA, USA can take to address the many challenges that the island presents. Any solution that I, or my partners, propose will have an effect on Kava and this should be taken into consideration when implementing our techniques. The process of assessing the available solutions will be explored within Decisions in Paradise II. The most difficult problem to overcome is that Kava is a hard island to inhabit because of the unavoidable issues the face with disasters and disease. In addition to the mess that the island is in, the office that TEVA occupies is also in havoc. They lack sufficient employees and the office in unorganized. After identifying the problems at hand, I have determined that the basic solutions would be; hire a new receptionist, clean up the office space, and implementing contingency plans for every natural disaster that may impact the land. This would include a safety plan, a cleaning plan, and a safe place for everyone to go when disasters do strike. Decision-making Technique Several influences have been identified to lead to the issues that are affecting Kava today. The main...
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...Decisions in Paradise, Part One As I take the identity of Nik, it will be my job to help my new organization develop a stronger business presence in Kava. To ascertain what that presence will be, and the steps it will take to make it happen, information must first be analyzed, synthesized, and prescribe the best decision to benefit the organization and the community of Kava (“Decisions in Paradise: How to Be, or Not To Be,” n.d., p. 3). Concerns The business scenario indicates, a number of concerns that need consideration before a decision can be described. To reach the goal of the company we must first address the demographics of Kava. With 50% of the population below 15 years of age we will focus the first phase of our marketing strategy on half of the population while making our presence acceptable to the diverse mixture of ethnicities, languages, and religions on Kava (“Decisions in Paradise: How to Be, or Not To Be,” n.d., p.2). Second the Islands remote location makes travel to and from the island expensive so this would require making the Kava branch as self-reliant as possible, working in parallel to develop a comprehensive disaster recovery plan to address many natural disasters that threaten the Island of Kava. Forces The primary forces to impact the problem formulation in Kava include the disorganization of the office, the environment, and Kava’s economy, which is the principal force of influence to be considered. Coupled with Nik’s lack of experience and the forces...
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