B6015: Decision Models Modeling Group Project The purpose of this group project is to apply the modeling concepts and methods learned in class to an important real-world decision making problem based on your own work or personal experience. It could include a problem faced at job‚ consulting assignment‚ school‚ club‚ organization‚ etc. that someone in your group has been personally involved with. For examples of past projects‚ see under the Content / Sample Projects on the Angel page for the
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VARIOUS ISSUES FACED BY RK GROUP 1. RK Ammonia: a. Obsolescence of technology leading to fall in profitability. b. Manufacturing facility’s positioning. c. Pollution issues 2. RK Fertilisers: a. Its profitability is interlinked with RK Ammonia. b. Working capital issue. c. Debts with banks. d. Requirement to modernize its plant to meet competition. 3. RK Agrifinance Company: a. RBI norms tightened for NBFCs and leasing. b. Still enjoys goodwill of farmers and hence should capitalize
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The various dilemmas faced by Tim Cook has been characterized as‚“the dirty-hands problem”;an expressionwhich referred to the hard‚ moral choices involving the“right-versus-right” dilemmas faced by management. The case study categorizes various responsibilities of the management into 4 different spherescalled as‚ “The Four Spheres of Managers’ Commitment”; a clash between which resulted into the various dilemmas for Mr. Cook. These four spheres of commitment include the following: •The Commitment
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Areas of Consideration Analysis: . The Main Problem is the style of leadership Mr. Gan is a dictatorial leader that uses negative approach to his subordinates. All decision-making power is theirs‚ unrealistic in demands‚ uses excessive discipline and punishment‚ and does not allow others to question decisions or authority. Like what he did to Ian Michael he doesn’t agree with the proposal. That became the cause of their conflict that lead to Ian Michael to submit a resignation letter. Alternative
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1. What is Decision Making? Decision-making is an essential aspect of modern management. It is a primary function of management. A manager’s major job is sound/rational decision-making. He takes hundreds of decisions consciously and subconsciously. Decision-making is the key part of manager’s activities. Decisions are important as they determine both managerial and organizational actions. A decision may be defined as "a course of action which is consciously chosen from among a set of alternatives
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Criminals can be rational decision makers‚ and can be motivated by uncontrollable psychological and emotional drives‚ as well as social forces such as poverty and despair. There are a variety of criminals in our society‚ and no one criminal is the same. There are those who do rationalize their options to commit to a crime. When an individual weighs the outcomes of their potential actions‚ they are ultimately choosing the result of the rest of their lives. Those that are rational‚ have the mental
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|University of south africa | |Assignment No & Code: Assignment 1 (322943)Module: The Educator in a Pastoral Role | |Student No: 53808878 | |
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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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One of prominent challenges the Irish immigrants faced was anti-Catholicism. Nearly all the Irish practiced Catholicism in Ireland. Americans frowned upon Catholicism do to its hierarchy‚ papacy‚ and idea of submitting to foreign powers‚ especially in such matters as one’s salvation and morality. Second‚ Irish immigrants faced a large load of racial stereotypes‚ labels‚ and prejudice. As soon as they arrived on American soil‚ they were
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In addition to the emphasis on individualized shortcomings within this stigma‚ the innate conditions of homeless allows the reputation of these citizens to be profiled. The “three critical dimensions of stigma” for homelessness is identified as “visible‚” “disruptive‚” and “ascetically unappealing.” First‚ the visibility of citizens without homes gives yield to often negative impressions. The ideal image of homeless cities on the streets begging for money is highly visible within metropolitan areas
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