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Decision Essay Topics & Paper Examples

Time to make a decision

Life has always been filled with numerous surprises. Sometimes, the little things that we take for granted are the things that matter the most. Like any other individual, I am one of those people who give importance to detail. Every time when I open my wallet, a little tiny picture never fails to attract my attention. Four people are in it-my parents, my younger sister, and I. If I remember it correctly, I was twenty five years old and have just been discharged from the military service when the said photo was taken. That was also the time when I was planning to move to the United States to continue my education. Relocating to another land and being far away…

Scenario

Scenario 01: Your Company’s policy on reimbursement for meals while traveling on business is that you will be repaid for your out-of-pocket costs, not to exceed $80 per day. You don’t need receipts for these expenses – the company will take your word. When traveling, you tend to eat at fast food places and rarely spend in excess of $20 a day. Most of your colleagues put in reimbursement requests in the range of $55 – $60 per day, regardless of what their actual expenses are. How much would you request for your meal reimbursement? Decision: I* would request of $ 20 for the meal reimbursement. I will use “utilitarianism view” in making this choice. I will emphasize on efficient…

Dividend policy decision

Dividend policy decision is one of the important decisions of corporate finance. A dividend policy should be such that it maximizes the shareholders wealth and provides adequate financing to the firm. A firm with fluctuation dividend policy is considered risky by the investors. (Shim & Siegel, 1998) Usually a stable dividend payout policy is maintained by companies. Leverage which is given by total debt/total assets, is negatively related to the dividend payments, that is higher the leverage in the firms capital lower is the dividend paid. Companies with less debt and sizeable tangible assets usually pay more dividends as it is usually stable. (Aivazian & Cleary, 2003) However, this has been contradicted by the signaling theory which says that the…

Issuing the Draft

In response to the first argument in favor of volunteer enlistment, I would counter that the overall effect would continue to support the status quo in that privileged and wealthy Americans would not have an urgent need to enlist. Due to this economic division between classes, the lower class sector would continue to be the majority of soldiers because of a lack of better options in civilian society. In this general sense the moral of the ‘volunteer’ would not increase but would remain either indifferent or resentful. Making the draft mandatory could be seen as an equalizing force that supports the doctrine that ‘all men are created equal,’ whether or not that be the case. Response to second argument: Responding…

The Dred Scott Decision

The Dred Scott Decision (also known as 60 US 393) was a case fundamental in the United States’ history. The case was judged by no less than the highest court of America, the United States Supreme Court in 1857. The Dred Scott Decision implies that people of African descent could never be citizens of America regardless if they are slaves or not. In addition, the decision also ruled that slaves could not file a case or sue in court for the main reason that slaves were just properties of their masters hence they cannot be carried off from their masters without legal appeal (Gunderson). The aforesaid decision was made by the then Chief Justice Roger Taney. The judgment favored the…

Information and Decision-Making

Individuals in the world make decisions every single day of their lives. Decision-making, however, is even more important in the lives of leaders because they are running an organization which relies on their judgment and discretion for such decisions. Decisions have to be made carefully and based on the most accurate and updated information available. Otherwise, the quality of the decision would be affected by whim, suppositions, and assumptions, which might be difficult to quantify and verify. Because of the understanding of the importance of decision-making in an individual’s and an organization’s life, Maruska and Wheatley (2003) wrote How Great Decisions Get Made. Through their book, they address the different factors affecting the decision-making process—those factors intrinsic to the decision-maker…

Burlington Norhtern- The Ares Decision

The purpose of management in sectors of an economy and control systems is to achieve goals and objectives of an organization with ease and at least cost. The ultimate purpose of any system is that it should be “in control” rather than “controlling people” (Simons 2000). Systems which are in ‘perfect control’ other than controlling them show profound differences between the two concepts and the ability to achieve their goals with ease. Both the internal and external environments impact an organization control structure. There are four paradigms that forms the framework around which the theme of understanding of controls is built (Simons 2000)In the first paradigm is one that enables organization to adapt themselves to their environment knowing what they…

Business strategy: A guide to Effective Decision making

Strategies decisions depends highly on perceptions, people’s attitudes and assumptions, therefore they are rarely straightforward or simple. Strategic decisions determine the direction as well as success of an organization, which is why it is essential for decision-makers to understand the decision-making process in order to make the right decisions. Chapter 2, 3, and 4 focus on introducing forces which will form a decision, including ideas, developments and potential pitfalls. In chapter 4, a practical and useful framework is also created to guide step by step in a decision-making process. Chapter 8 outlines insights and techniques for implementing and improving decisions in order to have a competitive strategy. Chapter 12 introduces forces which will have affection in sales, marketing and brand…

What are symptoms/ Red flags exist to suggest something has gone wrong?

Gilman offered Beauport marketing research coordinator position to reward Beauport’s contribution to recent increase in ice cream sales and market share because he thought that the position would broaden Beauport’s experience and boost her career at Hy Dairies. Beauport did not share the same idea: she thought that the position offered was a “backroom job” and not a route to top management. Beauport felt that she was sidelined because she was a visible minority and a woman. •Misunderstanding response: When Beauport was given a job offer by Gilman, she took a long silence before thanking Gilman because she was shocked and felt too belittled to protest. Gilman recognized this response as a sign of positive surprise: Beauport was too thrilled…

How Did the Decision to Conduct an ROI Study Influence the Design of Coaching Program

How did the decision to conduct an ROI study influence the design of coaching program. Nations Hotel Corporation is one of the reputed USA based hotel company, with an international presence in 15 countries worldwide. Hospitality industries are quiet competitive in nature and today’s success rule of hospitality includes knowledge, customer satisfaction and operational efficiency which provides pleasure of stay and departure to their guests. Any addition or subtraction in these components can increase or decrease the rating of any organization. Nations Hotel with 98% brand awareness and 72% as customer satisfaction ratio were still far from the race of preferred choice amongst the customers. Hence there, arose a need to identify the gap , so a study was conducted…

Organizational Structure and Culture

Knowledge – Mastery of facts, range of information in subject matter area. Skills – Proficiency, expertise, or competence in given area; e.g., science, art, crafts. Abilities – Demonstrated performance to use knowledge and skills when needed. KSA Definitions Interpersonal Skill Is aware of, responds to, and considers the needs, feelings, and capabilities of others. Deals with conflicts, confrontations, disagreements in a positive manner, which minimizes personal impact, to include controlling one’s feelings and reactions. Deals effectively with others in both favorable and unfavorable situations regardless of status of position. Accepts interpersonal and cultural diversity. Team Skill Establishes effective working relationships among team members. Participates in solving problems and making decisions. Communications Presents and expresses ideas and information clearly and concisely…

Categorical imperative

The Golden Rule- Do unto other as you would have them do unto you. Yes, corny as hell, but it works. If you make a decision and think of yourself as suffering the potential outcome; it will often help to make a wiser and more considerate and ethical decision. EXAMPLE: if you are using a pirated software then think being in shoes of a person who has developed that software. All of his hard work is going in vein and he is getting nothing from you. 2. Immanuel Kant’s Categorical Imperative- Yes, take a note from a philosopher. If a action is not right for everyone, then it is not right for anyone. A bit idealistic and unrealistic for most…

Google Inc. in China

The case study is titled Google Inc., In china, written by Kirsten E. Martin for the Business Roundtable Institute for Corporate Ethics. Kirsten Martin is the Assistant Professor of Business and Economics at the Catholic University of America and Business Roundtable Institute for Corporate Ethics Fellow, “to encourage classroom discussion and not to illustrate effective or ineffective business decision making”. Kirsten is an academic, whose purpose is to examine ethical decisions and behavior in business, creating a bias to enhance the ethical situations related to business practice. The Catholic University was established in 1887 and is located in Washington D.C. Its values are more conservative, and emphasize charity and community-based values, as the Catholic Church is a strong proponent of…

Self managed teams

Using self-managed teams within the Sandwich Blitz company would help the company grow. This will also allow Dalman to have more time to concentrate on the expansion as well. Self-managed teams empower employees most often in manufacturing, workers are trained to do all most of the jobs in the unit, they have no immediate supervisor, and they make decisions previously made by the first-line supervisors (Bateman & Snell, 2012). Self-managed teams can offer several possible advantages that could be used at Sandwich Blitz; including stronger commitment, employee and customer fulfilment, improved quality, improved productivity, and faster product and service development. On the other hand there will be some drawbacks. Self-managed teams are tough to execute, and failure is a risk…

Six step decision model

Every business needs to make decisions. Some decisions are minor, and others can be million dollar decisions. These decisions need to made with knowing all possible outcomes and knowing the risk and if its worth taking. Businesses today use different models and processes to decide what’s best for the company. The six step model process, has six steps that should help a decision maker make the most optimal decision possible. These six steps are: Define the problem, Identify the criteria, weight the criteria, Generate alternatives, Rate each alternative, and Compute the optimal decision ( Bazerman and Moore, 2013). I am currently employed with the Department of family children services. Starting November 4, 2013; we will be starting a new process…

Mental mindset paper

Assume you work in Human Resources as a part of the management team for AAA Transportation in Waukegan, WI, which has recently been acquired. AAA Transportation is an interstate trucking company that specializes in transporting wholesale produce in refrigerated trailers throughout the Midwest. The new owners want to make some sweeping changes in the services offered. One of the things that they would like to do is add delivery of nonperishable products, such as canned foods, to their delivery routes, allowing AAA to expand the area they cover and to provide expanded service to their existing customers. They think that, because many of the routes do not require a full load on the trucks, there is room to add the…

Person Centred Risk

Traditional methods of risk assessment are full of charts and scoring systems, but the person, their objectives, dreams and life seem to get lost somewhere in the pages of tick boxes and statistics. A person centred approach seeks to focus on people’s rights to have the lifestyle that they chose, including the right to make ‘bad’ decisions. The approach described here uses person centred thinking tools, to help people and those who care about them most think in a positive and productive way about how to ensure that they can achieve the changes they want to see while keeping the issue of risk in its place. This in essence is a process to gather, in partnership with the person, the…

Arguments for and against using Utilitarian principles

Utilitarianism is an ethical theory that proclaims that the morally right course of action in any given situation is the one that produces the greatest amount of pleasure over pain for everyone affected (Ferrell, Fraedrich &Ferrell 2008). This is evident in business decision making processes done by analysts, legislators and managers, for instance on deciding to invest resources in public project, to minimize cost by using foreign labors and such. Thus, the argument on whether utilitarian principles should be applied in workplace practices is highly debated as it carries both pros and cons. First and foremost, utilitarianism in an organizational context “provides a clear and straightforward basis (Shaw, Barry & Sansbury 2009, p67)” for developing and testing guidelines and protocols….

Course note. Organizational behavior

ORGANIZATIONAL BEHAVIOR To distinguish and compare the various concepts and models of organizational behavior in a manner that-will help day-to-day conceptual, human, and communication skills of the students. To develop skills in diagnosing situations by encouraging them to participate actively in cases, topics, illustrations, and incidents that serve to provide operational meaning to the abstract concepts and models of organizational behavior. To assess and evaluate why certain events and behavioral processes occur in organizations and how, as managers, they can best affect the behavior of subordinates as well as other managers. COURSE DESCRIPTION This course utilizes the contingency approach to understanding organizational behavior. This approach seeks to understand the interrelations among the various parts of the organization. Each department, work…

Meet Sage Inventory Advisor in the Cloud

Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for implementing a successful inventory process, including how to create an asset inventory process, implement a label and scanning solution for tracking of assets, establish an accurate baseline of fixed assets, and design a “go-forward” strategy for maintaining an asset inventory. LOCAL STUDIES IN INVENTORY SYSTEM: fixed asset inventory solution, fixed…

12 angry men paper

The movie “12 Angry Men” is about a murder trial set in the mid 1900’s when the American legal system had very different rules from what it has now. The trial is about a 16 year old boy who supposedly murdered his father late one night in New York City. He was from a slum, with a history of problems with the law, including knife fights. The jury is made up of twelve white men who are supposed to deliberate about the boy’s fate when he is Latino. In the beginning of the movie it’s very clear that eleven of the twelve jurors have already decided that he was guilty, the only one who said not guilty is juror number…

Case Synopsis: A Steely Resolve

Nucor is a steel manufacturing company that makes steel by recycling used metals and reforming them into new beams and sheets. Nucor has long had a reputation as a good place to work, although its human resource management policies have generated some controversy. Employees are paid by how much they produce, the more they produce the more they make. Yearly bonuses are based on overall company performance. Employees can choose how hard they work and have a good deal of decision making authority. The company gives employees final say on issues such as halting the process when an error is detected or a possible equipment failure may occur. Further, employees have a significant voice in matters of company policy that…

Pschology Module 27: Thinking, Language and Intelligence The Availability Heuristic

Availability Heuristic: A mental shortcut that relies on immediate examples that comes to mind. When you are trying to make a decision, a number of related events or situations might immediately spring to the forefront of your thoughts. As a result, you might judge that those events are more frequent and possible than others. You give greater trust to this information and tend to overestimate the probability and likelihood of similar things happening in the future. Examples After seeing news reports about people losing their jobs, you might start to believe that you are in danger of being laid-off. You start lying awake in bed each night worrying that you are about to be fired. After seeing several television programs…

Administrative Law

Administrative law is the law relating to the control relating to government power. The primary purpose of administrative law is to keep the powers of government within their legal bounds, so as to protect citizens against abuse. Nature and Purpose of Administrative law Article 47 of the constitution (1) Every person has the right to administrative action that is expeditious, efficient, lawful, reasonable and procedurally fair. (2) If a right or fundamental freedom of a person has been or is likely to be adversely affected by administrative action, the person has the right to be given written reasons for the action. (3) Parliament shall enact legislation to give effect to the rights in clause (1) and that legislation shall— (a)…

Case Study of Time-Critical Management

Based on the EMV done above, the optimum decision strategy based on the cost alone is to get the component from ARC solution and transport it via Land route. Consider the calculations attached in Memo 1 to draw the conclusion in the above analysis Sensitivity Analysis Resale of new thrust reverser . Considering the ‘Y’ as the number of years after which we are able to sell the newly purchased Thrust Reverser (Node B). As seen from Memo 2, the optimum decision strategy remains the same as long as ‘Y’ is equal or more than 2 years. Probability of whether BCS component is fit or not Consider the probability that the BCS component will fit is ‘p’ and then the…

Reflective Journal on Ethical Issues for Case Studies

As nurses, we encounter ethical situations everyday regarding patient care. How we handle these situations promote equality while seeking rationality. After reading the two case studies presented, I will discuss in my reflective journal how the ethical issues were presented, the steps taken in the decision-making process to ethically address the issues, the lenses used and how these lenses influenced the decisions made, and also how these can relate to the workplace. The Baird Decision Model is a five step process that guides us through that decision-making process when making ethical decisions. The steps include, being attentive to what is happening, being intelligent, reasonable, responsible, and reflective. In the first case simulation, Rachel a sixteen year old is giving birth…

Health Care Financial Terms Week One

Controlling is the practice that managers use to ensure that the company plans and goals are being attained. By comparing report to each other areas that are working and succeeding are defined and the areas where problems are occurring can be addressed and corrected (Baker & Baker, 2011). A manager has four different, lets say teams” that report to this manager. Controlling would be when team A, B, C, and D submit the teams’ financial report to the manager. The manager would review all four teams to ensure the teams are meeting the financial goals. So, in this scenario Team A, B, and C is on target and meeting the goals. However, Team D has not met the goals. The…

Problems why Students fail?

Do you know the problems students face during their college? Does it affect every inch of you when it comes to different aspects of being in student’s college life? Have you ever notice these problems and what do you do in order to cope up with it? Can you give the problems college students’ face? Are you already aware of it or not? Starting college is a difficult decision to be made. But after finishing it, all of the problems we faced will worth it. Being in college can bring much anxiety in the heart of a new college student because of all the unknowns and hidden things behind. “What should my major and course be? Will I meet good…

Supply Chain Design

The Darby Company manufactures and distributes meters used to measure electric power consumption. The company started as a small production plant in El Paso, Texas; today they have an additional production plant in San Bernardino, Ca. as well as three distribution centers in Fort Worth, Texas, Santa Fe, New Mexico and Las Vegas, Nevada. Due to their rapid growth not much attention had been given to the efficiency of their supply chain. At the old El Paso, Texas plant the cost of each meter produced is $10.50, while in the newer plant in San Bernardino, with its more efficient equipment, the cost is only $10.00 per meter produced. The Darby Company needs to analyze its distribution centers’ efficiency and the…

Nurse ethics

Ethics has become part of the nurses’ life when it comes to decision making and taking actions in the face of adversity or opportunity. Husted and Husted (2008, p.9) states that the patients has lost their power to take actions on their medical conditions due to the lack of knowledge in the health care settings. Hence, the healthcare providers are there to impart their skills and knowledge to treat the patient with the best care. This assignment would discuss how the medical decisions for A B who has undergone radical mastectomy are made using the model for ethical decision-making. A B’s husband suspects that there might be a spread of the tumors and informed the nurse in the out patient…