Assignment 5
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Get Help Now!Having read the assigned chapters, complete the following:
Complete the assignment in a Word Document, and then submit the file to the Drop Box provided, according to the due date on the Calendar.
We have read the whole text, we have addressed many topics in discussion and short answer, now we move to “Examine and predict best practices for decision making”. For this assignment, we will use a tool that assesses your effectiveness in examining and predicting best practices for decision making, by using the Critical Thinking Rubric. Review the Rubric to understand clear expectations. Apply the Decision-Making Model to a case of your choice from the text.
There is no requirement with regards to length or word count for each short answer, simply convey a clear understanding of the chapter material and convey that understanding through the required assignment. The assignment will be graded for understanding the topic, providing a clear discussion of such, as well as utilizing correct grammar. Grade: 14% of total grade, including proper grammar
Critical Thinking Rubric
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Student |
Excellent (3) |
Acceptable (2) |
Unacceptable (1) |
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Score |
|||
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Explanation of Issues
Score: ________ |
Issue(s)/problem(s) to be considered critically is stated clearly and described comprehensively, delivering all relevant information necessary for full understanding. |
Issue(s)/problem(s) to be considered critically is stated, described, and clarified so that understanding is not seriously impeded by omissions. |
Issue(s)/problem(s) to be considered critically is stated without clarification or description. |
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Evidence (selecting and using information to investigate a point of view or conclusion)
Score: ________ |
Information is taken from source(s) with enough interpretation/evaluation to develop a comprehensive analysis or synthesis and viewpoints of experts are questioned thoroughly. |
Information is taken from source(s) with some interpretation/evaluation, but was not enough to develop a coherent analysis or synthesis and viewpoints of experts are taken as mostly fact, without questioning. |
Information is taken from source(s) without any interpretation/evaluation and viewpoints of experts are taken as fact without questioning. |
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Influence of Context and Assumptions
Score: ________ |
Thoroughly (systematically and methodically) analyzes own and other assumptions and carefully evaluates the relevance of contexts when presenting position. |
Identifies own and others’ assumptions and some relevant contexts when presenting a position. |
Shows awareness of present assumptions (sometimes labels assertions as assumptions) and begins to identify some contexts when presenting a position. |
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Student’s Position (perspective, thesis/hypothesis)
Score: ________ |
Specific position (perspective, thesis/hypothesis) takes into account the complexities of an issue, limits of the position are acknowledged, and others’ points of view are synthesized within the position. |
Specific position (perspective, thesis/hypothesis) takes into account some of the complexities of an issue, and acknowledges different sides of the issue. |
Specific position (perspective, thesis/hypothesis) is stated, but is simplistic and obvious. |
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Conclusions and Related Outcomes (implications and consequences)
Score: ________ |
Conclusions and related outcomes are logical and reflect student’s informed evaluation and ability to place evidence and perspectives discussed in priority order. |
Conclusion is logically tied to information (because information is chosen to fit the desired conclusion), some related outcomes are identified clearly. |
Conclusion is inconsistently tied to some of the information discussed, related outcomes are oversimplified. |
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Score Total:____ |
Rubric Key:
Excellent3
Acceptable 2
Unacceptable 1
I have been asked the question regarding the use of the Rubric, so I want to offer an explanation, to assist with your success for this assignment.
Use the Rubric as a guide for the format of the assignment. For example, when you have to write an essay, you generally have a format to follow and a topic as your content. In as essay, the format is typically an introduction, body and conclusion, and the content is typically a selected topic to covey. Therefore, use the Rubric as your format, to use as your introduction, body and conclusion. Then implement the steps of the Decision-Making model as the content of your essay, so speak. I do not expect this to be in essay format, you can even use the Rubric headings if you wish. Keep it simple for your time management.
Select from all of the cases presented in the textbook, you are not limited to those we covered in assignments, and implement the Decision-Making Model on the case of your choice. You can take liberties if there is not enough information provided, you do not need any outside sources, simply use the planning, organizing leading and controlling tools you have learned in this course. Be creative, and simply show me that you can apply the lessons from this course to a case. This assignment goes beyond simply addressing the Case Questions. It is an application of the lessons throughout the session to apply to a case.
I look forward to your insights and your display of what you have learned.
Classify and Define the Problem or Opportunity
Although it may seem surprising, it’s true: Half the decisions made by managers fail to solve the problems they are aimed at; short of their objectives.28 EXHIBIT 4-1 outcomes fall The first step of the decision-making model is to classify and define the problem, which may sometimes take the form of an opportunity.29 In this section, we discuss how to classify problems, select the appropriate level of participation, and determine the cause of problems, so we can determine the type of decision to make.
Classify the Problem
Problems may be classified in terms of the decision structure involved, the conditions under which a decision will be made, and the type of decision made using the decision-making model.
Decision-Making Structure. For programmed decisions, those that arise in recurring or routine situations, you should use decision rules or organizational policies and procedures to make the decision. So, it is not necessary to follow all the steps of the model. Reordering inventory every time stock reaches a specified level and scheduling employees are examples of programmed decisions. For nonprogrammed decisions, significant decisions that arise in nonrecurring and nonroutine situations, you should use the decision-making model. To be significant, a decision must be expensive and/or have major consequences for the department or organization. Selecting a new product to sell, entering new products, and opening a new facility are examples of nonprogrammed decisions. Upper-level managers tend to make more nonprogrammed decisions than lower-level managers do. Nonprogrammed decisions usually take longer to make than programmed decisions do. The decision structure continuum is illustrated in Exhibit
Decision-Making Conditions. The three decision making conditions are certainty, risk, and uncertainty. When making a decision under the conditions of certainty, you know the outcome of each alternative in advance, so you can usually take quick action. When making a decision under conditions of risk, you do not know the exact outcome of each alternative in advance but can assign probabilities to each outcome. Under conditions of uncertainty, lack of information or knowledge makes the outcome of each alternative unpredictable,31 so you cannot accurately determine probabilities. Entrepreneurs and upper-level managers tend to make more risky and uncertain decisions than lower-level managers do.33 they can be reduced with information—EBM. decision-making conditions. Although risk and uncertainty cannot be eliminated, exhibit 4-3 illustrates the continuum
hello its says that
Apply the Decision-Making Model to a case of your choice from the text.
can i send you the case from text
hello i have attached the case so
have to apply Decision-Making Model to this case by using the Critical Thinking Rubric as well as according to the question
thank you.
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