AllBestEssays.com - All Best Essays, Term Papers and Book Report
Search

Mgt 350 - Decisions in Paradise Part II

Essay by   •  September 6, 2011  •  Essay  •  890 Words (4 Pages)  •  2,335 Views

Essay Preview: Mgt 350 - Decisions in Paradise Part II

Report this essay
Page 1 of 4

Decisions in Paradise Paper Part II

Quashawna Bond

Mgt 350

Craig Koenig

June 27, 2011

Decision making is the process of defining a problem and choosing a course of action from among alternatives (Goodpaster and Kirby, 2007). Under stress, our ability to perceive an alternative solution to a problem diminishes our capacity to search for relevant information to aid our decision making is impaired", (Goodpaster and Kirby, 2007). Decision making is important for the Strategic Planning Division and there are many tools and techniques that can apply when making choices on decisions and alternatives. SPD wants to establish a new location on Kava Island and follow Chris Morales (founder) "commitment by doing what is right. Chris believes that our company can't keep taking more from Kava if we don't give more back", (Decisions in Paradise, 2007). SPD will identify the causes of Kava's poor economy problem and make good decisions by establishing a greater presence in Kava. This paper will cover the following topics: decision techniques, causes of the problem and alternatives, solutions to the problem and its impacts.

Decision Techniques

Many decision making tools exist for the SPD to use in making decisions to analyze and improve the economy problem of Kava. Brainstorming will be used to produce a list of possible solutions and alternatives to the problem. Multi-voting is used to reduce a long list of ideas and assign priorities quickly and with a high degree of team agreement and to identify the important items on a list. Nominal Group Technique is used for a more structured approach to generate, clarify, and evaluate a sizable list of ideas, problems, or issues and to prioritize the items on a list", (Goodpaster and Kirby, 2007). The SPD will also use consensus style decision making so that the entire group can reduce the list of ideas to a minimum amount and make the best choices possible. Team decisions may take a bit longer, but will ensure the best decision is made.

Applying the technique

Due to over half the population under the age of 15, SPD could start by implementing a program to start education these students in the classroom. By educating the younger generation can benefit the overall population on Kava. A negative to this option is the parents of these students may resist the implantation of this program, due to the fact that most of these students and young adults probably the income for their families, and the parents rely on that income to survive. Another threat is the terrorism that is taking place on the Island. These terrorist

...

...

Download as:   txt (5.2 Kb)   pdf (85.1 Kb)   docx (10.8 Kb)  
Continue for 3 more pages »
Only available on AllBestEssays.com
Citation Generator

(2011, 09). Mgt 350 - Decisions in Paradise Part II. AllBestEssays.com. Retrieved 09, 2011, from https://www.allbestessays.com/essay/Mgt-350-Decisions-in-Paradise-Part-II/9657.html

"Mgt 350 - Decisions in Paradise Part II" AllBestEssays.com. 09 2011. 2011. 09 2011 <https://www.allbestessays.com/essay/Mgt-350-Decisions-in-Paradise-Part-II/9657.html>.

"Mgt 350 - Decisions in Paradise Part II." AllBestEssays.com. AllBestEssays.com, 09 2011. Web. 09 2011. <https://www.allbestessays.com/essay/Mgt-350-Decisions-in-Paradise-Part-II/9657.html>.

"Mgt 350 - Decisions in Paradise Part II." AllBestEssays.com. 09, 2011. Accessed 09, 2011. https://www.allbestessays.com/essay/Mgt-350-Decisions-in-Paradise-Part-II/9657.html.