Assignment Type:Individual Project Deliverable
Length:500–750 words Points Possible:110
Due...

Question

Assignment Type:Individual Project Deliverable 
Length:500–750 words Points Possible:110 
 Due Date:8/4/2013 11:59:59 PM CT APA formatted references 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 go with any 
real-life decision you have made or have seen made at a company at which you 
have worked.
Given the importance of proper assumptions, your boss asked you to assess 
the accuracy of certain business assumptions and what could you do to test or 
confirm the credibility of them. The following were major assumptions for each 
firm:

An automobile manufacturer's assumption that the demand for SUVs would 
continue because gas prices would continue to rise 
An airline's assumption that there was a need for an airline that provided 
no added amenities

David · Accepted Answer

MEMO 
To:          The CEO 
From:      Mr. Manager 
Subject:  Decision making by Manager 
The managers and the leaders need to have a strong focus on different functions of the 
management so as that the subordinates of the organization are able to work as per the set goals 
and objectives of the organization. For adequate working it is important for the manager to make 
proper and good decision making. When making any decision, it is very important for the 
manager to identify the main objective of the issue which can be done by analyzing the problem 
and the result which the organization is likely to face because of the problem or issue that the 
company is facing. All the objectives should be classified as per the importance and should be 
weighted as per the importance. Then the next stage is to analyze different alternatives that can 
be used to solve the particular issue or task. All the alternatives that are designed should be made 
with a strong focus on attaining the objective of the issue.

Assignment Type: Individual Project Deliverable Length: 500–750 words Points Possible: 110 Due Date: 8/4/2013 11:59:59 PM CT APA formatted references You have just been promoted from front-line...

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