MGMT 530 Course Experience Tradition / snaptutorial.com

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MGMT 530 Course Experience Tradition /
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The goal of higher education should be to
champion the airing of all honest viewpoints.
Nothing less is acceptable
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MGMT 530 Course Experience Tradition /
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MGMT 530 Entire Course , 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
Your Organization MGMT 530 Week 4 DQ 1 Defining
Uncertainties MGMT 530 Week 4 DQ 2 Decision
Making Styles MGMT 530 Week 5 Case Analysis
Labadee Decision
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MGMT 530 Course Experience Tradition /
snaptutorial.com
MGMT 530 Entire Course
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
Your Organization
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MGMT 530 Course Experience Tradition /
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MGMT 530 Final Exam
(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. Admittedly, Herbert had no
experience in running a business when he decided
to go out on his own and enlisted the help of his
long time friend, Bradley Simmons.
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MGMT 530 Course Experience Tradition /
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MGMT 530 Week 1 Case Analysis (Conference
Decision)
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.  Approximately 200 attendees
are scheduled to attend, flying in from all over
the country. All attendees prepaid their
registration fee for the conference. 
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MGMT 530 Course Experience Tradition /
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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.
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MGMT 530 Course Experience Tradition /
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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.with.
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MGMT 530 Course Experience Tradition /
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MGMT 530 Week 2 Case Analysis (Conference
Decision)
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.  Approximately 200 attendees
are scheduled to attend, flying in from all over
the country. All attendees pre-paid their
registration fee for the conference. 
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MGMT 530 Course Experience Tradition /
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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 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.
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MGMT 530 Course Experience Tradition /
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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 consider and share your position on
whether you believe intuition is more of a female
skill and data analysis more of a male skill? 
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MGMT 530 Week 3 Case Analysis Conference Decision
Case, Part 2
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.
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MGMT 530 Course Experience Tradition /
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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 toBuild a consequence table with accuracy
and completeness.Compare alternatives using a
consequence table.Evaluate alternatives by
examining tradeoffs.
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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?
Too much of one or the other
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MGMT 530 Course Experience Tradition /
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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'?   
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MGMT 530 Course Experience Tradition /
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MGMT 530 Week 4 DQ 2 Decision Making Styles
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?
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MGMT 530 Course Experience Tradition /
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MGMT 530 Week 4 Midterm Exam
1. (TCO A) Your small services company has
outgrown the current facility after the first two
years of a three-year lease. As the operations
manager, you are being held accountable for
cancelling orders, and you are beginning to lose
market share due to late deliveries. The goal is
to determine what action to take in the future to
improve the situation and restore sales.i. What
criteria should have been used in the
decision-making process that could have avoided
the current situation?
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MGMT 530 Week 5 Case Analysis Labadee Decision
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. In the days
following the earthquake, the company wrestled
with several issues as they determined whether to
continue to stop in Labadee or temporarily
abandon the port of call.
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MGMT 530 Week 5 DQ 1 Risk Tolerance
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?
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MGMT 530 Week 5 DQ 2 Sharing Risk with Partners
Describe 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? 
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MGMT 530 Course Experience Tradition /
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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 Course Experience Tradition /
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MGMT 530 Week 6 DQ 2 Course Project Presentations
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
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MGMT 530 Course Experience Tradition /
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MGMT 530 Week 7 Course Project (US Foods)
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 will take place, and clearly
defined measurable outcomes.
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MGMT 530 Course Experience Tradition /
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MGMT 530 Week 7 DQ 1 Psychological Traps
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.Is there a way to protect one's integrity
and remain consistent, yet also be flexible and
adaptable to change and growth? 
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MGMT 530 Week 7 DQ 2 Estate Case Analysis
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.Estate Case Decision Problem
ScenarioThe matriarch of a family passes away
after a long illness, leaving a house that needs
major repair work, a few antiques, and a small
insurance policy.
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MGMT 530 Course Experience Tradition /
snaptutorial.com
The goal of higher education should be to
champion the airing of all honest viewpoints.
Nothing less is acceptable
For More Courses
Visit Now
www.snaptutorial.com