MGMT 530

MGMT 530 WEEK 7 Course Project Managerial Decision Making Objectives Guidelines Grading Rubrics Best Practices Milestones Objectives Back to Top The objective of the Course Project is to provide you with practice in creating, justifying, and explaining a decision-making proposal. All elements involved in the creation of this proposal, from problem definition through action plan, must be covered. Further, the proposal, as constructed, m

50 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 Week 5 Case Analysis Labadee Decision In January 2010 the island nation of Haiti was devastated by an earthquake. Royal Caribbean International, a major cruise line, owns a private beach in Haiti, which is typically a port of call on several of their Caribbean cruise itineraries. The private port, known as Labadee, is about 80 miles away from Port au Prince. The beach was unaffected by the quake. In the days following the earthquake

20 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 WEEK 5 DISCUSSION II Describe a decision situation in which you have shared risk with an internal or external business partner. What were the conditions of the shared risk? Explain why the arrangement was successful or not.

5 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 WEEK 5 DISCUSSION I Describe your risk profile risk seeking risk neutral or risk averse What are the pitfalls of your risk attitude? How can knowing your manager s desirability curve come in handy during the decision-making process?

5 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 WEEK 4 MIDTERM EXAM 1 Question TCO A Your small services company has outgrown the current facility after the first two years of a three-year lease. As the operations manager, you are being held accountable for cancelling orders, and you are beginning to lose market share due to late deliveries. The goal is to determine what action to take in the future to improve the situation and restore sales. i. What criteria should have been used

15 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 WEEK 4 DISCUSSION I How does your organization assess uncertainties in your decision making process? What are the benefits to using decision trees to assess uncertainties? Provide an example where uncertainties played a major role in a decision situation.

5 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 Week 3 Case Analysis Conference Decision Case Part 2 Date September 15 2005 Two weeks after New Orleans was devastated by Hurricane Katrina, you made the decision to postpone the conference and select a different city to hold the conference. Based on your initial objectives and a survey you took of the registered attendees, you created the following consequence table based on the information available. ALTERNATIVES Cancel confer

20 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 WEEK 3 DISCUSSION I Why can it be difficult to identify consequences for each alternative and objective? What techniques can be used to simplify the process? Describe a decision situation in which you made tradeoffs to simplify the alternatives. Did you use the even-swap method, weighted scoring model, or another approach?

5 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 Week 2 Case Analysis Conference Decision Case Date September 2 2005 In less than two weeks an accounting system user s conference is scheduled to be held in New Orleans, Louisiana on September 13–16, 2005. Unfortunately, Hurricane Katrina has struck the city leaving a wake of destruction. Based on what you see on television, the hotel and the city cannot possibly accommodate this or any conference for the foreseeable future.

20 Other / Other strayer university / MGMT 530 04 Nov 2015

MGMT 530 WEEK 2 DISCUSSION II What role does intuition play in decision making What role does quantitative data play in decision making? Identify a decision situation in which you used both intuition and data for your analysis of the situation.

5 Other / Other strayer university / MGMT 530 04 Nov 2015