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Essay / Research Paper Abstract
A 9 page paper that responds to a scenario provided by the student. The essay discusses what decision making model would be used for the scenario and the factors that are involved in implementing a decision. The paper has to do with an organization expanding its presence in Kava that has a very diverse population and that experiences many disasters every year. The writer suggests a plan and discusses the decision making process and then discusses issues concerning implementation. Bibliography lists 5 sources. PGkava.RTF
Page Count:
9 pages (~225 words per page)
File: MM12_PGkava.RTF
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Unformatted sample text from the term paper:
their business culture to the island. This does not necessarily mean the company should establish a culture that is exclusively Western but rather, to institute the culture of Western business
to the country. The company has been doing that since it opened operations on the island but the company is entering a time of growth. Having a presence means the
companys brand is known by the public as well as other businesses. That is the marketing end of the plan. It also means the company will expand its operations to
obtain more presence. Expansion is good for the island as it will offer more employment opportunities. Given the fact that more than half the population is under the age of
15, the plan may include programs through which these young people may continue their formal education, gain training at the company and work there part-time. There are numerous risks
involved in operating in Kava. These include natural disasters, disease, a multi-cultural, multi-ethnic population and a lack of a predominant religion. These situations can easily lead to conflict among the
people. The decision making model to be used in this planning process is Rational-Economic Model, also referred to as the Classical Model (Lahti, 2003). The model is said to be
prescriptive because the focus is "on how decisions ought to be made" (Lahti, 2003). There are a number of assumptions underlying this model: the decision maker is a rational person
whose goal is to maximize the outcome; that the decision maker has all the information needed; that all possible alternative solutions have been explored; and that the decision maker selects
the best alternative (Lahti, 2003). There are four steps in the Rational-Economic Model (Baker, 2007; Lahti, 2003). First, the problem is identified, criteria for the solution are determined against which
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