What would you do in this situation

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MG103

[Developing Management Skills]

Assignment Question:

Refer to page 142 of course text: Decision Dilemmas: Scenario 3. What would you do in this situation? The layout of answers should be in essay format

University of the South Pacific

Essay Outline

Assignment Question

2. Refer to page 142 of course text: Decision Dilemmas: Scenario 3. What would you do in this situation? Answer the other 5 related questions given at the bottom of pg 142. The layout of answer should be in essay format.

Introduction

There will be one combined essay that will expand all answers that were listed below for every question for the reader to have easy access to all answers. Therefore, this essay outline will give some overview of the essay as a whole and what basic information that will be covered from the beginning to the end, concerning the questions that will be answered below.

The introduction of the whole essay will show some information about the case study and what really happens with Evelyn's company as shown that important to consider. What are the significance of the case study to managerial decision making and the importance of self-awareness that still countered by nowadays managers while making and implementing different decisions.

Question 1.

What would you do in this situation?

* Close the firm

Question 2.

Why did you make the choices you did in each case? Justify your answer.

This is because of

* Competition;

* Workforce which is being made by old people; and

* It is my own responsibility as a manager to look for the survival of the business.

Justification can be accessed in the body of the essay.

Question 3.

What principles or basic values for decision making did you use in each case?

Basic principles and values used:

Instrumental Values

* Respect;

* Contemplation;

* Confidence;

Terminal Value

* Confidence

Question 4.

What additional information would you need in order to be certain about your choices?

Additional information that would be needed:

* The output of the old plants;

* The possibility in efficiently implementing the new technology equipment;

* The size of the whole firm

* Taking the option of one plant is the necessary evil in the choice of two evils. In the sense either loosing one or loosing the whole company in the long term

Question 5.

What circumstances might arise to make you change your mind about your decision?

Circumstances that might arise:

* Natural disasters that might occur for a sudden for example earthquake, floods, tsunami;

* Other departmental managers' views about the decision (especially if they against the decision);
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* Employee's or the community's satisfaction about the decision that may lead to protests or strikes against the organization.

Question 6.

What do your answers tell you about your own values, cognitive style, attitude towards change and interpersonal style?

Own Value

* I value the business or the business profit more than people

Cognitive Style

* An Intuitive style of gathering information;

* Thinking strategy of information evaluation.

Attitude toward change

* Locus of control

The interpersonal styles;

* Need for inclusion;

* Need for ...

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