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MGMT 530 Week 2 DQ 2 Intuition  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.   For the second discussion, we will analyze the role that intuition plays in the decision-making process.   OK, I would like to get this politically incorrect idea out of the way from the start ... As you begin to participate in this topic, please…

MGMT 530 Week 3 Case Analysis Conference Decision Case Part 2

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MGMT 530 Week 3 Case Analysis Conference Decision Case Part 2  wo 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 conference for this year—schedule for next year Keep in New Orleans, but schedule…

MGMT 530 Week 3 Case Analysis Conference Decision Case Part 2

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MGMT 530 Week 6 DQ 1 Linked Decisions  Describe a decision situation that involved linked decisions. What flexible plans did you use for the subsequent decision?

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MGMT 530 Entire Course  ** ** ** This Tutorial doesn’t contain Midterm and Final Exam ** ** **     MGMT 530 Week 1 Case Analysis Conference Decision  MGMT 530 Week 1 DQ 1 Defining the Problem  MGMT 530 Week 1 DQ 2 Enabling Conditions  MGMT 530 Week 2 Case Analysis Conference Decision  MGMT 530 Week 2 DQ 1 Defining Objectives and Alternatives  MGMT 530 Week 2 DQ 2 Intuition  MGMT 530 Week 3 Case Analysis Conference Decision Case, Part 2  MGMT 530 Week 3 DQ 1 Understanding Consequences and…

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MGMT 530 Entire Course With Midterm And Final Exam  MGMT 530 Week 1 Case Analysis Conference Decision  MGMT 530 Week 1 DQ 1 Defining the Problem  MGMT 530 Week 1 DQ 2 Enabling Conditions  MGMT 530 Week 2 Case Analysis Conference Decision  MGMT 530 Week 2 DQ 1 Defining Objectives and Alternatives  MGMT 530 Week 2 DQ 2 Intuition  MGMT 530 Week 3 Case Analysis Conference Decision Case, Part 2  MGMT 530 Week 3 DQ 1 Understanding Consequences and Tradeoffs  MGMT 530 Week 3 DQ 2 Decision Making in…

MGMT 530 Entire Course With Midterm And Final Exam

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MGMT 530 Final Exam Guide  (TCOs A, B, C, D, E, F, G and H) Tidewater Services recently celebrated its 10th anniversary as a professional services firm that handles investigations for law firms offering amenities, such as background checks, surveillance, interviewing of witnesses, crash scene investigation, and other related services. The company was founded by Lee Herbert who had extensive experience working for companies that handle investigative work. Herbert is more of a people person…

MGMT 530 Final Exam Guide

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MGMT 530 Week 1 Case Analysis Conference Decision  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.   Approximately 200 attendees are scheduled to attend, flying in from all over the…

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MGMT 530 Week 1 DQ 1 Defining the Problem  What is the difference between problem solving and decision making? What are the key aspects to defining the problem for a decision situation?  Give an example of a decision problem that you are currently dealing with.

MGMT 530 Week 1 DQ 1 Defining the Problem

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MGMT 530 Week 1 DQ 2 Enabling Conditions  What role does ability, willingness, insight, and commitment play in the decision-making process? How can constraints and other underlying elements complicate the decision-making process?  Relate an experience from your work.

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MGMT 530 Week 2 Case Analysis Conference Decision  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.   Approximately 200 attendees are scheduled to attend, flying in from all over the…

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MGMT 530 Week 2 DQ 1 Defining Objectives and Alternatives  Why is it important to define clear objectives for the decision situation? How can you ensure that you have identified all the appropriate alternatives? Give an example of a problem that you are in the process of deciding or have decided on in the past—identify the objectives and alternatives.   We will be looking at two key decision-making elements, which are objectives and alternatives. The objectives will determine the criteria…

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MGMT 530 Week 3 DQ 1 Understanding Consequences and Tradeoffs  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?   Our objectives this week are to:  Build a consequence table with accuracy and completeness. Compare alternatives using a…

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MGMT 530 Week 3 DQ 2 Decision Making in Your Organization  What process does your organization use to make decisions? Do you clearly identify the problem, objectives, alternatives, consequences, and tradeoffs? What special techniques or tools do you use in your process?   In your organizations, what is the general balance of quantitative and qualitative information used  to make decisions?

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MGMT 530 Week 4 DQ 1 Defining Uncertainties  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. In the context of uncertainty, is there a difference between 'possibility' and 'probability'?

MGMT 530 Week 4 DQ 1 Defining Uncertainties

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MGMT 530 Week 4 DQ 2 Decision Making Styles  What is your primary decision-making style? What is your manager’s primary decision-making style? What approaches and tricks have you learned to persuade your manager?

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MGMT 530 Week 4 Midterm Exam  1. (TCO A) Your small services company has grown rapidly during its first two years and has outgrown the workspace that you have leased for three years. As the operations manager, you have been asked to lead a decision-making team to select a location for the growing company. Your desire is for the team to make an effective decision. i. What criteria should your decision-making approach have to ensure that it is effective? ii. Describe the eight elements for…

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