Describe the eight steps in the decision-making process


Assignment task:

Please answer all the questions.

Q1. Why is decision making often described as the essence of a manager's job?

Q2. Describe the eight steps in the decision-making process.

Q3. Compare and contrast the four ways managers make decisions.

Q4. How can managers blend the guidelines for making effective decisions in today's world with?

Q5. How does the GIS help Wendy's improve their decisions on store locations?

Q6. Are the store location decisions certain or uncertain decisions?

Q7. How can intuition contribute to Wendy's decision-making process?

Q8. Can culture be a liability to an organization? Explain.

Q9. Discuss the impact of a strong culture on organizations and managers.

Q10. What are the four common ways an organization communicates its culture to employees?

Q11. What kind of organization would benefit from an innovative culture?

Q12. Using Exhibit 2, what external components might be most important for managers in movie theater chains to know about? Why?

Q13. According to the case, what external trends do managers at the movie theater chains have to deal with?

Q14. How do you think these trends might constrain decisions made by manager at the movie theater chains?

Q15. What stakeholders do you think might be most important to movie theater chains? What interests might these stakeholders have?

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