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Assume the role of a senior level manager within the context of your organization. Using the decision matrix tool, discuss a decision that you must make for your organization in the face of several...

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Assume the role of a senior level manager within the context of your organization. Using the decision matrix tool, discuss a decision that you must make for your organization in the face of several options. In your analysis, discuss how the decision matrix could assist you in the decision-making process.

What are some potential challenges to your decision? Importantly, what are some possible outcomes? Be specific.

Embed course material concepts, principles, and theories, which require supporting citations along with two scholarly peer-reviewed references in supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.

Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early, and check back often to continue the discussion. Be sure to respond to your peers’ posts as well.

Answered Same Day Jan 22, 2021

Solution

Soumi answered on Jan 23 2021
162 Votes
Running Head: DECISION MATRIX TOOL        1
DECISION MATRIX TOOL         3
MANAGEMENT
DECISION MATRIX TOOL
Being a manager at the senior level of my organization, I am entitled to make many important decisions that prove to be grave in the way the organization is operate. A large number of processes depend on my decision-making ability, which indirectly also affects the success or the failure of the same within the company. Therefore, when I am met with multiple options for making an appropriate decision or many opinions are vested upon me, I apply the decision matrix tool for selecting the most feasible and lucrative decision. As mentioned by Chakraborty, Zavadskas and Antucheviciene (2015), the decision matrix tool is a range of rows and columns that intersect to present the relationship between the variables...
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