Sub-Problems in Decision Making of Business Management Literature review

Sub-Problems in Decision Making of Business Management - Literature review Example Researchers emphasize on the fact that decision making is simply a rational process or ideology that takes place within any organization. Many studies however, fail to emphasize on the fact that taking a decision involves various stages where formulating a particular decision can take time and effort, and can have multiple variables involved as well. Theorists have developed mathematical models based on averages and probabilities through which alternatives can be evaluated before taking a final decision. These models have been utilized in several industries and in various areas in order to evaluate various alternatives at hand in order to make a decision. In this context, it must be noted that even though these models allow for rational decision making in a scenario where all other variables are constant, environment plays a critical role in how businesses take their decisions. For instance, organizations where dynamism is lacking and munificence is low, it may be noted that decision s may not be as rational as dictated by the mathematical models. ... In this context, this research will particularly emphasize on some problems that are related to decision making within organizations, and evaluate why organizations face these particular problems at hand. In addition to that, the research will aim to identify various ways through which organizations can improve their decision making ability based on the answers ascertained through this research for the hypotheses formulated below. Sub-Problems in Decision Making of Business Management 1. The time and place to use programmed or non-programmed decision making is always a problem in business management. 2. Lack of dynamism affects the decision making and becomes a major problem in business management. 3. Lack of munificence negatively affects the ability of the managers to take risk. Thus affects the decision making in business management. Hypothesis Based on the fact that each organization requires a certain level of decision making at each layer within the hierarchy, following problem s have been identified in general, pertaining to decision making: 1. Mathematical models for decision making are only useful when undertaking rational decision making. 2. Decision making will not be rational if dynamism within an organization is not present. 3. Risk taking within organizations is reduced when munificence is not present within organizations. This leads to lack of rational decision making at each step within the organization. These hypotheses will be tested within the research, after conducting a detailed primary and secondary research, including review of literature and conducting quantitative research as well. Literature Review Decision

Medical workers involved in CIA interrogations Essay

Medical workers involved in CIA interrogations - Essay Example The fact remains that harm was caused to the prisoners. The intentions are not a factor when determining a breach of medical, moral ethics. Belmont report identifies three principles that must be adhered to when conducting researchers with the human being as study sample. They include the protection of human rights, ensuring justice so that those who bear the burden should also reap the benefits and the beneficence principle which requires the express consent of the people involved. In this research, none of the principles were upheld. Human rights were abused, and the prisoners were not done any justice as they were not the beneficiary. Further, the prisoners did not consent to the research and hence the beneficence principle was disregarded. The actions by the doctors were evil when looked at in different dimensions: religion, secular or even to Kant’s ethics. There is no religion or secular civilization that supports human right abuse. Even Kant’s ethics prioritizes the respect for human right. I do not agree with the policy of treating such reports as confidential. Utility principle has it that the report would only be important if intended to create happiness and pleasure. As such, if the report cannot be used to prevent such human abuse from re-occurring, then it was an effort in futility. I think doctors in such cases should be personally held responsible for causing harm to persons. I think the principle of human right should come to play to ensure that its abuse is punished according to the law.

General Douglas MacArthur Essay Example | Topics and Well Written Essays - 2500 words

General Douglas MacArthur - Essay Example General MacArthur was supposedly larger-than-life, outspoken, talented and egoistic, and he often courted controversy. (History). One of his trademarks was the corncob pipe he smoked, which was custom made by ‘The Missouri Meerschaum Company’, which continues to manufacture the pipes in his honor. He graduated from the US Military Academy at the top of his class in 1903. (Biography). He was the intense American military pioneer who saved the Pacific, yet Freda Bender says General Douglas Macarthur had an astounding delicate side outside the war room. (Cardy). After Graduating at the top of his class in 1903, he was positioned in the Philippines and around the United States, served as a helper to his father in the Far East and partook in the American the occupation of Veracruz, Mexico, in 1914. After the United States entered World War I in 1917, Macarthur helped lead the 42nd "Rainbow" Division in France and was elevated to brigadier general. (History). From 1919 to 1922 Douglas Macarthur served as the superintendent of West Point and founded a mixed bag of changes expected to modernize the school. In 1922 he went on to marry socialite Louise Cromwell Brooks (1890-1965). The two separated in 1929, and in 1937 Macarthur wedded Jean Faircloth (1898-2000), who soon attacked the Philippines with whom he had one kid, Arthur Macarthur IV, the accompanying year. In 1930 President Herbert Hoover (1874-1964) named Macarthur head of staff of the Army, with the rank of general.

Project Management - Organization and Communication (U5DB) Essay

Project Management - Organization and Communication (U5DB) - Essay Example The fifth tip is to practice the art of paraphrasing. The sixth tip is to carefully watch for and observe the demonstration of feelings from the other party. Finally, do not be afraid to ask questions for clarification (Lewis and Graham, 2003). In order to conduct a more productive and effective meeting, those in charge absolutely must stay focused on the subject at hand. EffectiveMeetings.com offers six objective tips for conducting more effective meetings. They include not meeting if the information can be exchanged through a memo or similar method, having a predetermined list of objectives for each meeting, having a predetermined agenda for each meeting, having action plans for items discussed in the meeting, and reviewing the process of each meeting at the end in order to determine how effective it was (EffectiveMeetings.com, 2008). Project reports are a useful tool that can be used for various different reasons. There are many different sets of guidelines that are available for one to follow when writing a report for any type of project, but most of them carry the same basic advice. First of all, data should be processed and placed directly into the report. Second, the audience should be determined and the report should be worded in such a manner that it addresses that audience. Third, examples and templates can be extremely helpful in deciding upon report formatting. Fourth, reports should follow a detailed layout plan. Fifth, explanations should be clear and logical. Sixth, points should be easy to understand and well-supported. Seventh, the readers’ attention should be kept throughout. It is also important that back-up reports be kept in a safe place and that a draft is provided to the project supervisor for review (University College London, 2008). Lewis, T.D. and G. Graham. (2003). 7 tips for effective listening: Productive listening does not occur naturally. It requires hard work and practice. Internal Auditor. Retrieved April 24,

The Effects of the Great Depression on Children Essay

The Effects of the Great Depression on Children - Essay Example It is an idea of creating a clinic, which will give the needed services to the children who are economically challenged families. For this clinic to be successful and efficient, some employees must be involved. They must be qualified to be dedicated to their work. They must be equipped to develop a health center with services that focus on the prevention of some diseases (Dunlop, 1995). Two doctors must be hired, and four nurses who will help to provide the necessary services. The support staffs hired should be from the local for the benefit of the community. Equipment is the most essential, therefore, spending a lot to purchase and maintain will enable the doctors and nurses perform their work effectively. The staff should be there to give the needed support to the doctors and nurses (Dunlop, 1995). The clinic will handle approximately 150 children in a day. The possible challenges might be the shortage of employees and equipment to be used. Lack of support from the government to the clinic will be a challenge too. Children who may not get the required service may get a referral to other hospitals. Those who cannot afford the stated cost may acquire medical cover early enough for future

Has the Digital Revolution Had a Positive or Negative Effect on Essay

Has the Digital Revolution Had a Positive or Negative Effect on Communication in Today's Society - Essay Example The ability of computers to replicate and generate digital and graphical information enabled the digital world to flourish. The computers and the internet is the soul to the business world and with most part of the population possessing a personal computer allowed the digital technology to penetrate into every aspect of human life. The social media has advanced beyond imagination and every field from educational to entertainment has evolved drastically. According to (Walker ,1999,pg.39-48)â€Å"All types of information can now be transformed into digital form, manipulated by computers and transmitted by common networks†. The telecommunication field, media and information technology field has seen unbelievable changes due to the digital revolution. Moreover, the advancement in communication field has enabled the world economies to prosper in a short span of time. In concise, the revolution in digital world with the application of unique technology, methods and hardware has posi tively changed the face of the world. Positive Effects of Digital Revolution The technological, social media and communication field has undergone profound change due to digital revolution. ... In the article (Nations,2011)writes thatâ€Å" social media is such a broad term, it covers a large range of websites. But the one common link between these websites is that you are able to interact with the website and interact with other visitors†. Along with social media, the education sector has also seen major change which promoted the learning quality of students worldwide. Nowadays most of the educational curriculum is online based as it allows multimedia application which enhances the quality and absorption of learning information. Internet has advanced the communication procedure of students as they are facilitated with an advantage of online education. With the emergence of online education, students are rarely confined to a specific physical space. Digital evolution has given opportunity to students to access educational information and participate in educational programs and courses from any part of the world in minimum time. Apart from students, educators are equa lly benefited from online education as it eases the learning procedure and its outcome. Even the entertainment source of people has changed enormously due to advancement in digital technology. Today, video games has emerged has a main source of leisure activity for both young and adults alike. The video game has taken over the entertainment world as it exemplifies the leisure activity of people with its inspiring graphical and virtual presentation. According to (Beaumont,2009) â€Å"The sales of video games in the four years between 2003 to 2007 increased 40 per cent in the US, while over that same period, sales of cinema tickets had fallen six per cent†. The next best entertainment source for people are social websites and chatting services

Moral absolutism Essay Example for Free

Moral absolutism Essay The choices we make in our everyday life all have to do with our ethics. In this paper the topic will discuss the similarities and differences between virtue theory, utilitarianism, and deontological ethics. In order to understand the similarities, and differences of virtue theory, utilitarianism, and deontological ethics we must first define them. Virtue theory is defined as a moral excellence. It is a positive trait quality demand to be morally good and is valued as a foundation of principle and good moral being. It takes the viewpoint that in living your life you should try to cultivate excellence in all that you do and all that others do. Utilitarianism is a theory that suggests that an action is morally right when that action produces more utility for the group than any other alternative. We need to understand what our consequence would be based on our choice. When we make the right choice we will get a positive consequence and are acting morally; if we make the wrong choice the consequences will be acting immorally. Deontological moral is focused on loyalty to independent moral rules or duties. To make the right choices we need to comprehend what our duties are and the rules of our moral perspective. This is a matter of what we view to be moral or immorally based on our beliefs. The similarities between the three theories represent the good in people and how they strive for excellence. The differences are with virtue theory describes a person’s character, cultivating excellence in all we do. Utilitarianism addresses ethical and morality issues by addressing the balance of good over bad consequences. The morality associated with this theory suggests actions that produce a total utility for the group. Deontological ethics have a definition of a definition of a person’s dedication to recognize moral duties. In my current position as an assistant manager I am often put in a situation that includes some type of confidentiality with an associate that falls under me. If I am told about a certain situation that an associate is having in their personal life I have been told in trust and this be unethical for me to tell everyone else what is going on. Also when I have to write up any associate for work performance, that should be kept between me and that associate. For me to be able to keep my word about a particular situation involving any of my associates consist of moral concepts. Values, virtues, and ethics distinguish those actions as being morally right or morally wrong.