Running head: REPORT TO THE BOARD Report to the Board Star Student Westcliff University BUS 345: Fundamentals in Decision Making Professor Fantastic Month Date, Year Report to the Board Introduce...

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Running head: REPORT TO THE BOARD Report to the Board Star Student Westcliff University BUS 345: Fundamentals in Decision Making Professor Fantastic Month Date, Year Report to the Board Introduce material here… Remember, each case study must have the headings listed below and must be answered according to assignment instructions; each heading is worth a percentage of each case grade and this is how your work should be submitted. Your audience is someone like your roommate – intelligent, educated, but has NO IDEA what the case study is about. You do not want to copy-and-paste the case, but put forth a brief summary so your reader knows what is going on. This section is generally one paragraph. The easiest way to explain this section is to think of it like an abstract or introduction. If written properly, this section can actually serve as the abstract for the paper. It will, in a sense, set up the rest of the paper, which is the review of the case, analysis, recommendations, and the summary and conclusions sections. Remember that you obtained this information from the textbook. Consequently, you should cite Robbins and Coulter (2018). You should NOT write According to the textbook as your reader has NO IDEA who or what is that. Do remember to take notes as you read through the case study information so that you are prepared to complete this report. If there is a second paragraph, it will look like this. The paper should be written in third person narrative and not in the first person. Note: The required headings that must be in the paper are bolded and should be kept bolded. One other note: a business is an it, not a they. Remember that when using pronouns describing a business. Make sure you always include enough text to form a complete paragraph before moving to the next section. Decision Making Concepts In this section, you will briefly describe what you will cover. It should only take a few sentences. After describing what you will cover, this section will discuss, “A summary of the decision-making concepts presented in CLA1.” Make sure you always include enough text to form a complete paragraph before moving to the next section. Do not simply copy from your CLA1, as you are reporting to the Board of Directors. Poor Decision Making In this section, you will briefly discuss the following, “A plan defining, and detailing the psychology of poor financial and investment decisions and how this information can be used to aid the finance department.” Make sure to include enough text to form at least one complete paragraph. Rational Decision Making In this section, you will discuss the following, “A process for making rational decisions and avoiding cognitive mistakes during negotiations.” Make sure to include enough text to form at least one complete paragraph. Strategies for Improving Decision Making In this section, you will discuss the following, “Detailed strategies that you would incorporate to improve the overall decision-making process throughout the organization.” Make sure you always include enough text to form at least one complete paragraph before moving to the next section. Ethical Decision Making In this section, you will discuss the following, “A system that ensures ethical approach to decision-making.” Make sure you always include enough text to form at least one complete paragraph before moving to the next section. Conclusion This section will tie together all sources used for this professional assignment, conclusions drawn from the readings, and any inconsistencies. This section will generally be one to two paragraphs. Notice the paper has a continuous flow; there are no page breaks between sections. The only page breaks occur between the title page and the introduction, and between the summary or conclusions and the reference page. Note: If there is a header at the bottom of the page (on the last line), you will need to insert a page break immediately before the header to properly move it to the next page with its text. All references for the assignment must appear on a separate page (see the following page for an example). The requirement is to have at least 4-peer-reviewed scholarly references and the textbook as resources. References This section will reference all sources cited throughout the paper. It also gets its own page, meaning that it will not start at the bottom of a previous page. The heading should appear at the top of the page (first line of text) and all reference material should be listed below in alphabetical order by first last name. Also, the title for a book or text is always in italic format and in sentence form. In contrast to book references, the title for articles is in sentence format, not in italic, but the name of the journal or magazine is in italics. Furthermore, references are formatted with a hanging indent, meaning the first line is never indented, and all subsequent lines are indented. See examples below: Barzani, R. S. (2014). Studying the effects of business strategies on the organization's performance in regard to human resources' policies at the Social Security insurance companies based. International Journal of Academic Research in Business and Social Sciences, 4(5), 549-561. www.IJRBSS.com. Chopra, M., Munro, S., Lavis, J. N., Vist, G., & Bennett, S. (2008). Effects of policy options for human resources for health: An analysis of systematic reviews. The Lancet, 371(9613), 668-74. www.thelancet.com. Futrell, C. (2011). Fundamentals of selling (12th ed.). McGraw-Hill/Irwin Holt, D. (2016). Branding in the age of social media. Harvard Business Review (online). https://hbr.org/2016/03/branding-in-the-age-of-social-media Robbins, S. P. & Coulter, M. A. (2018). Management, 14th Edition. Pearson. You must also provide a reference for all sources used to support the assignment. (Note: As a minimum, the textbook and four additional peer-reviewed sources must be used and referenced.) CLA2- WEEK8 ASSIGNMENT Comprehensive Learning Assessment 2 – CLO 4. CLO 5, CLO 6 Continuing on the theme from CLA1, some time has passed and you were successful in your position as a senior manager. After deliberation by the board, you have been elected and appointed to the position of CEO. This means that you are now responsible for the organization more from a department-level, rather than a personal-level.  However, you understand that you must improve the efficiency of decision-making at all levels of the organization in order to be more effective as a whole. You decide to conduct a series of seminars and workshops within the organization in order to meet this challenge. Provide a detailed report that you will present to the board that outlines your strategy to improve decision-making at all levels in the organization. Your report should include the following: · A summary of the decision-making concepts presented in CLA1 · A plan defining, and detailing the psychology of poor financial and investment decisions and how this information can be used to aid the finance department · A process for making rational decisions and avoiding cognitive mistakes during negotiations  · Detailed strategies that you would incorporate to improve the overall decision-making process throughout the organization  · A system that ensures ethical approach to decision-making  You must reference: any articles uploaded, your textbook, and at least 4 additional sources. Document your citations throughout the text of your report; a 3 to 5-page, APA-formatted paper is the accepted format for all Westcliff University Professional Assignments.  Your papers must include an introduction and a clear thesis, multiple body paragraphs, and a conclusion. Top papers demonstrate a solid understanding of the material AND critical thinking. *Please refer to the Grading Criteria for Comprehensive Learning Assessments (CLAs) in the University Policies for specific guidelines and expectations. Each CLA2 and presentation will become a part of the student’s digital portfolio. Upon completion of the program, the student’s digital portfolio will demonstrate the student’s mastery of the course and program learning objectives. Additional information What’s the CLA1 Comprehensive Learning Assessment 1 – CLO 1, CLO 2, CLO 3 You have been promoted to a senior management position of your company. In recent meetings with the CEO and other members of the executive team, discussions about the need to change the strategic direction of the company have been center-stage. Apparently, the company has been losing market-share for several quarters now and it has been determined that many factors have contributed to this downward trend that has resulted in lost sales and commitments from customers. For you, many decisions pertaining to improvements in the areas of product development, training, marketing, manufacturing processes, quality, and motivating the workforce must be made. Using your textbook, LIRN-based research, and the Internet, apply the concepts learned thus far in an analysis of your decision-making process that will enable you to improve in the areas mentioned. Be sure to include the following decision-making concepts: · The steps of the decision-making process that are relevant  · Systems-thinking and common biases that can affect your decisions · Bounded rationality and framing as it applied to your decisions  · Mitigating or enhancing the effects of motivational and emotional influences, and paradigms  · The incorporation of fairness and ethics to the decisions you must make  You must reference: any articles uploaded, your textbook, and at least 2 additional sources. Document your citations throughout the text of your report; a 3 to 5-page APA-formatted paper is the accepted format for all Westcliff University Professional Assignments.  Your papers must include an introduction and a clear thesis, multiple body paragraphs, and a conclusion. Top papers demonstrate a solid understanding of the material AND critical thinking.
Answered 3 days AfterOct 20, 2021

Answer To: Running head: REPORT TO THE BOARD Report to the Board Star Student Westcliff University BUS 345:...

Anamika answered on Oct 23 2021
117 Votes
Running head: REPORT TO THE BOARD                    
        1
Report to the Board
Star Student
Westcliff University
BUS 345: Fundamentals in Decision Making
Professor Fantastic
Month Date, Year
ABSTRACT
In the hypothetica
l position of a CEO , I would like to place my strategic case reports under this section to conceptualize my planning regarding the problems faced in the downward trends of the company sales and lost market share of the company. I would like to draw the Board’s attention to the product development, training, marketing, manufacturing process, quality and motivation and morale building of the employees.
In the following sections, the key areas related to decision making touch-points to be discussed :
· Goal-Oriented
· Implementing a Marketing Strategy
· Logical Process
· Commitment of Resources
· Application of Rational Decision Model
INTRODUCTION
As a CEO of the company, I would like to place to the Board a detailed purview of the decision making concepts to rope in the pressing problem of the organization at this juncture and address it on priority basis. This report will entail the key areas that are pulling the sales downward and idealize ways to turn around the same in precise language. However, the multiple departments in connection to the said problem will have their own sets of goals, strategy. Sequence, resource and model to synchronize the act of revitalizing the goals of the company with common interest.
Decision Making Concepts
Decision Making is the act of “choosing alternative” based on the values and preferences of the decision maker. The decision-making levels can be categorized as strategic, tactical and operational in an organization. The strategic decisions are highest level , tactical decisions support the strategic decisions . The most important is the process of decision making that involves
· Evaluation of the problem
· Decision Criteria Weightage
· Evaluating the alternative options
· Selecting alternative after analyzing
· Implementing the alternative
· Mapping the effectiveness of the decision.
Poor Decision Making
The art of...
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