Title: MGMT 530 RANK Life of the Mind/mgmt530rank.com
1MGMT 530 RANK Life of the Mind/mgmt530rank.com
2MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Entire Course Midterm Final Exam FOR
MORE CLASSES VISIT www.mgmt530rank.com 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)
3MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Entire Course FOR MORE CLASSES VISIT
www.mgmt530rank.com This Tutorial doesnt
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)
4MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Final Exam FOR MORE CLASSES VISIT
www.mgmt530rank.com 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 and is always looking
for the next new client to take on.
5MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 1 Case Analysis (Conference
Decision) FOR MORE CLASSES VISIT
www.mgmt530rank.com Week 1 Case Analysis
Conference Decision Case Date September 2, 2005
In less than two weeks, an accounting system
users conference is scheduled to be held in New
Orleans, Louisiana on September 1316, 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.
6MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 1 DQ 1 Defining the Problem FOR
MORE CLASSES VISIT www.mgmt530rank.com 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.
7MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 1 DQ 2 Enabling Conditions FOR
MORE CLASSES VISIT www.mgmt530rank.com 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.
8MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 2 Case Analysis (Conference
Decision) FOR MORE CLASSES VISIT
www.mgmt530rank.com Week 2 Case Analysis
Conference Decision Case Date September 2, 2005
In less than two weeks, an accounting system
users conference is scheduled to be held in New
Orleans, Louisiana on September 1316, 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.
9MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 2 DQ 1 Defining Objectives and
Alternatives FOR MORE CLASSES VISIT
www.mgmt530rank.com 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
pastidentify 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 for
evaluating solutions to the defined problem. The
alternatives for a decision situation are the
options that need to be considered.
10MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 2 DQ 2 Intuition FOR MORE CLASSES
VISIT www.mgmt530rank.com 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.
11MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 3 Case Analysis Conference Decision
Case, Part 2 FOR MORE CLASSES VISIT
www.mgmt530rank.com Date September 15, 2005
Two 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.
12MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 3 DQ 1 Understanding Consequences
and Tradeoffs FOR MORE CLASSES VISIT
www.mgmt530rank.com 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
consequence table.
13MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 3 DQ 2 Decision Making in Your
Organization FOR MORE CLASSES VISIT
www.mgmt530rank.com 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? Too much of
one or the other
14MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 4 DQ 1 Defining Uncertainties FOR
MORE CLASSES VISIT www.mgmt530rank.com 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'?
15MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 4 DQ 2 Decision Making Styles FOR
MORE CLASSES VISIT www.mgmt530rank.com What is
your primary decision-making style? What is your
managers primary decision-making style? What
approaches and tricks have you learned to
persuade your manager?
16MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 4 Midterm Exam FOR MORE CLASSES
VISIT www.mgmt530rank.com 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?
17MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 5 Case Analysis Labadee Decision
FOR MORE CLASSES VISIT www.mgmt530rank.com In
January 2010, the island nation of Haiti was
devastated by an earthquake. Royal Caribbean
International, a major cruise line, owns a
private beach in Haiti, which is typically a port
of call on several of their Caribbean cruise
itineraries. The private port, known as Labadee,
is about 80 miles away from Port au Prince. The
beach was unaffected by the quake.
18MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 5 DQ 1 Risk Tolerance FOR MORE
CLASSES VISIT www.mgmt530rank.com Describe
your risk profilerisk seeking, risk neutral, or
risk averse. What are the pitfalls of your risk
attitude? How can knowing your managers
desirability curve come in handy during the
decision-making process?
19MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 5 DQ 2 Sharing Risk with Partners
FOR MORE CLASSES VISIT www.mgmt530rank.com Des
cribe a decision situation in which you have
shared risk with an internal or external business
partner. What were the conditions of the shared
risk? Explain why the arrangement was successful
or not. Is blame a risk-mitigator or
risk-enhancer?
20MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 6 DQ 1 Linked Decisions FOR MORE
CLASSES VISIT www.mgmt530rank.com Describe a
decision situation that involved linked
decisions. What flexible plans did you use for
the subsequent decision?
21MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 6 DQ 2 Course Project
Presentations FOR MORE CLASSES VISIT
www.mgmt530rank.com Briefly describe your
problem and post a brief PowerPoint presentation
that summarizes your Course Project no later than
Tuesday. Give feedback to (at least) two other
students presentations for your remaining posts.
Be sure to post on a total of three different days
22MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 7 Course Project (US Foods) FOR
MORE CLASSES VISIT www.mgmt530rank.com Objectiv
es The objective of the Course Project is to
provide you with practice in creating,
justifying, and explaining a decision-making
proposal. All elements involved in the creation
of this proposal, from problem definition through
action plan, must be covered. Further, the
proposal, as constructed, must meet the tests of
any sound business plan, namely that it has
specific and measurable goals and objectives,
clearly defined activities, stipulated time
frames during which those activities
23MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 7 DQ 1 Psychological Traps FOR
MORE CLASSES VISIT www.mgmt530rank.com Provide
a real-life example of one of the traps discussed
in the text or the lecture. What can be done to
avoid that trap in the future? An interesting
human phenomenon is becoming trapped in one's own
imagination of self. It is, of course, very
important to manage one's reputation by comparing
and reconciling how others see you with how you
see yourself and want others to see you.
24MGMT 530 RANK Life of the Mind/mgmt530rank.com
MGMT 530 Week 7 DQ 2 Estate Case Analysis FOR
MORE CLASSES VISIT www.mgmt530rank.com This
week, we move from the theoretical to the real
world. The following group decision problem
scenario is outside of the formal organizational
structure but highlights the difficulty in making
decisions in group settings and the need to
collectively arrive at a group decision-making
process.
25MGMT 530 RANK Life of the Mind/mgmt530rank.com