LA#2: Current topics in Decision Making/ Value Chain and Structuring Problems / This will be done as a pair or as a group of up to three people. Names__Yiping Ma (Jennifer)__/__Jingyi Niu (Claire)__ Date:___Sep 25th 2012____________________________ PART I : Rona - Rona eyes ‘renewal’ of chain after Lowe’s pulls takeover bid According to an article in the National Post: “MONTREAL — U.S.-based Lowe’s may not have ended its cross-border courtship for Rona Inc. despite abandoning
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affect the way strategy is determined‚ goals are established and how the organization operates as an entity. Not only are decisions made as a group/community effort‚ but it is stemmed from cultural beliefs/practice/ways of living‚ which varies on a global context. In today’s global market place cultural differences across countries have a significant impact on business decision making; this is manifested in or through most functional areas of businesses including marketing‚ human resources and finance
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Integrating Culture and Diversity in Decision Making: The CEO and Organizational Culture Profile BUS 520 - Dr. Joy Lee Story August 3‚ 2013 1. Provide a brief (1 paragraph) description of the organization you chose to research. Zappos was founded in 1999 during the dotcom boom by Nick Swinmurn [ (Twitchell‚ 2009) ] on a quest to buy a pair of sneakers at a local mall. It has grown in to a 1.2 billion dollar subsidiary of Amazon.com and a leading on-line provider of everything from shoes
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The effects of Culture on managers decision making - a case study of Mexico and Germany Christian Becker Sandra Palmér Luleå University of Technology Master Thesis‚ Continuation Courses Marketing and e-commerce Department of Business Administration and Social Sciences Division of Industrial marketing and e-commerce 2009:023 - ISSN: 1653-0187 - ISRN: LTU-PB-EX--09/023--SE Abstract The purpose of this study was to provide a better understanding on how decision making in Germany and
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CONVERSATION: SUBTLE INFLUENCES ON MORAL DECISION MAKING BRIAN C. GUNIA Johns Hopkins University LONG WANG City University of Hong Kong LI HUANG INSEAD JIUNWEN WANG J. KEITH MURNIGHAN Northwestern University This research investigated the role of contemplation‚ conversation (conceptualized as social contemplation)‚ and explanation in right-wrong decisions. Several theories suggest that contemplation or morally oriented conversation will promote ethical decisions and that immediate choice or self-interested
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discuss leadership‚ group and individual decision making and we will also use case material/experiments to support these areas. We decided to focus in on two leadership’s styles‚ autocratic focusing on Steve Jobs and democratic focusing on Carlos Ghosn‚ we will make reference to individual and group decisions that are influenced by each type of leadership. In our report we will examine variables including culture‚ emotion‚ values and ethics in the individual decision process‚ we will examine other variables
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Organizational Culture and Ethical Decision Making. Corporate culture can be defined as a set of beliefs‚ values‚ goals and norms that help employees solve organizational problems of any given organization whether profit motivated or non-profit ones (Ferrell and Fraedrich‚ 2014 p. 184). This includes behavioral patterns‚ rituals‚ ceremonies and even concepts that help run the daily routines of an organization. Organization culture can have major influences on organizational ethical decision making. According
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Introduction An appropriate decision making has played a major role in the success of any business management. The success of the business and projects is depending on the decision making of the management and leadership. Making good decisions is fundamental to obtain a good performance in organisation. There are some decision that make huge consequences that can change the role in the organisations and can changes the process of operation of the companies‚ the choices that the organisations daily
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Chapter 11 – Decision Making What is Decision Making? * Decision making – the process of developing a commitment to some course of action * Can also be described as a process of problem solving * Problem – a perceived gap between an existing state and a desired state Well-Structured Problems * Well-structured problems – a problem for which the existing state is clear‚ the desired state is clear‚ and how to get from one state to the other is fairly obvious * Decision making takes time
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Decision making from cognitive or normative perspective can be defined as the process of selecting best logical choice from various available options and choices. Majority of decisions in business are normative as they are based on logical decision making. Dr. Yost describes decision making as a concept on a continuum of conscientiousness and depth of deliberations. On one end of spectrum is conscious‚ well thought of‚ rational decision making‚ in between “real world” bounded rationality and at
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