Decision Making Business Plans Samples For Students

1: Data to decipher challenges between the cross functional groups

Cross functional groups means a group of people who have diverse functional expertise and aim at achieving a common objective. The cross functional group may be made of people from various departments like operations, finance, human resource and marketing. Essentially all employees of an organization are included in this set up. In some situations members may come from outside an organization particularly from major customers, suppliers, and consultants.
Most cross functional groups are self directed- that is they simultaneously respond to a particular issue which may not be specific. The degree of freedom of decision making depends on the level of ...

Business

Business
The investment is spending money with expectations on return. Typically, the decisions with higher return expectations require certain risk, the options with moderate risk rate are characterized with medium risk, and the low-return decisions are the most reliable. Therefore, the investment decision is based on the investor’s expectation about the return, probabilities of success for different options, and willingness to take the risk (Dwivedi, 2010). Hence, a manager has to be aware of all the options and make the decision basing on reliable scientific tools. These tools are the decision tree and payoff analysis.
The decision analysis ...

Edward Jacobs

If we analyze the questionnaire responses, from Edward Jacobs, it would be possible to assess the impact of Edward the activities and his preferences over the organization.
An assessment of job satisfaction reveals a very high score of hundred, which means that Edward is very highly satisfied with his job and it is good for an organization to have a satisfied employee who is ready to put his best into the company where he is working. During the emotional intelligence check he mentions that he is aware from moment to moment of his feelings which means that he will be ...

Cyber Software Case Study

Introduction
This paper creates a detailed framework for the mini management plan for Cyber Software Inc.. In has been generated at the request of CEO Joseph Jackson, and is designed to revise the current mission and vision of the company, in order to recenter operations on the brands new aims and objectives, based on Mr. Jackson’s overall aims for the brand. As such, this plan will also detail why the changes made are appropriate, and how the brand’s organizational structure should be altered in order to accommodate the change in vision. Implementation and new culture will be ...

Analysis of competitive business environment facilitates proper decision making as well as planning for running an airline company. Deregulations in the airline industry are compelling airline companies to ensure decision making in order to meet expectations and demand of emerging markets. There are several factors that provide input to decision making and planning, and also pave the way to profitability and success of an airline company. These factors are providing high quality service, using up-to-date and cost effective aircrafts, using latest technologies that include informational and electronic technologies, ensuring cooperative, friendly, and professional attitude and face to the customers. ...

Executive Summary

With Bauer’s products like the performance skate sock and hockey fit pant being premium brands, the company’s integrated marketing communication plan has been drawn on consideration of several factors ranging from customer and products characteristics to the suitable communication tools that suits the target group. In that respect the brand’s target market has been described as the young males aged 24 -36 years who are active in sports, have significant income ranging from annual income of $150,000, sports personnel whose lifestyle can be defined as modern, the urban population who are highly likely to be ...

Introduction

In the current business world where firms are striving to achieve a better brand recognition and market competitiveness, the concept of supply chain management is of considerable significance. According to Jones and Riley; “Supply chain management is defined as an integrative approach dealing with the planning and control of the materials flow as well as information from suppliers to end-users” (Piotrowicz & Cuthbertson, 2015, p.226). An efficient supply chain management can benefit organisations to reduce lead time and to achieve an uninterrupted flow of production processes. Today, it is a challenging task for business houses to maintain an efficient supply ...

Long-term Investment Decisions

Coca-Cola is the world most recognizable brand in offering soft drinks operating in over 200 countries around the globe. Through product variation and adaptation, the company has been able to realize a wide influence in the market in terms of capital investment. This thesis is concern with long term decision making in Coca-Cola. This thesis presents a particular situation where the government regulations intervene in the merging process. Therefore, the purpose of this desertion is explaining the reasons for and against government involvement in the market economy.
Managerial economics are concerned with several activities in the company including decision making ...

Business consultancy on SCM

Introduction

This report provides a guideline on how the group of investors in the given scenario would make decision regarding the structuring and organization of supply chain in the firm. It provides detailed information on how they should approach the operations management aspects of the production facility, as well as operations issues related to the success of the entire supply chain that they should consider and attempt to influence in their role as a major and critical component of the supply chain.

The starting point: adopting vertical integration supply chain

The group of investors seeks for a supply chain management strategy that achieves synergetic results and provides sustainable dominant competitive ...

Choice of proposal for adoption

Following our committee discussions for the last eight weeks, we narrowed down our strategic plans to two alternatives. In light of the needs facing the local community and the challenges we are facing as an organization, a choice has been made to adopt Proposal Two for implementation. The reasons for the choice are outlined below.

Comprehensiveness and Inclusivity

Proposal Two presents opportunity for more comprehensive participation of all the stakeholders in the decision making process. It will put in place new procedures and methods that will ensure:

All alternative opinions and contributions from all the members of staff are considered.

All levels of ...

Introduction

The paper comprises of various tools to analyze the financial statement of Walmart that operates in the global environment. The financial statement analysis is not limited to horizontal, but it also includes ratio analysis to determine the stability, profitability, and performance of a company. The data is collected from annual reports of the company and recommendations are provided that help in understanding the actual financial position of the company. The core objective of the paper is to provide a clear view to the users of financial statements that also helps an investor in decision making.

Company Overview

Walmart is an American ...

In any type of company, one of the significant challenges for leadership is connecting industry knowledge and business analytics. Bartlett (2013) observes that these two components serve as the primary sources of information for decision makers. Managers generally hold much insight and wisdom in their accumulated experience, but unfortunately, any gaps in the facts are commonly filled with opinions (Bartlett, 2013). Instead of relying on subjective sources, leaders can utilize business analytics to validate new ideas and test industry beliefs (Bartlett, 2013).
A starting point for effective business analytics is to recognize that data and information are not ends ...

Executive summary

The main objective and purpose of this consultancy report were to evaluate and analyze the activities carried out in the Mike Davis business and family and come up with a well-defined management framework regarding planning, organizing, leading and controlling. Moreover, the report also helps the businesspersons to have skills that will enable them to integrate the four principles of management to improve the state of the business at large. The report as well has the mandate of solving the problems that the business is undergoing in both days to day activities as well as over a long term. The ...

REFLECTION

Answer # 1
A research shows that the four functions of the management process are planning and decision-making, organizing, controlling, and leading. The management sets the company’s objectives and determines methods to attain them in the planning and decision-making stage. In organizing, the management decides the effective way to group engagements and reserves. The controlling stage screens and adjusts continuing jobs for facilitating the achievement of objectives. The last function of the management process is leading which motivates workers to undertake tasks seriously for a company’s best interest (Ricky Griffin 6-8).
I worked for Great Experience, where I ...

A strategic plan is the result of the choices made by the corporate executive on how to deal with customers and how to conduct the operations of the company in order to maximize profits and progress the company’s agenda. To formulate an effective strategy plan, the executives need to know the Result they want to achieve, the Purpose of the strategy and the Massive action plan they need to achieve that result. To formulate a successful strategy, plan the executives should have a shared vision for the organization and the aims of the strategy. The aim of a ...

Cost analysis is the process of developing and analyzing cost data from different business elements and estimating the total resources needed to implement the project. Cost analysis normally considers the value of total resources whether or not was purchased directly or indirectly (Campbell and Brown 23). Finally, a decision is made after analyzing the costs to determine which project to implement. Below is the cost analysis of the creation of a computer program to automate the quarterly driver audit process as well as an expanded human resources department to deal with appeals and firings.

Cost Analysis for Creation of the Computer Program

Resource Cost Data
The first ...

Business Decision Making

Executive Summary 3

Research Methodology 4
Findings and Data Analysis 7
Conclusions, Recommendations and Limitations 24
Recommendations 24

References 27

Appendix: Questionnaire 27
Executive Summary
This report entails a critical review of the themed amusement park industry in Dubai with a specific focus on the introduction of an open air Sea World concept. The report analyzes various factors that may support or undermine the overall success of this concept. These factors include the overall potential traffic to the facility as well as the expected number of visitors and corresponding income which they will generate at the facility. A preliminary review of ...

Introduction

Starbucks was established in the year 1971. Later, the founders of the company and a marketing manager who happens to own the company currently, decided to list the company in the stocks exchange. Ever since, the company has experienced continuous growth. The coffeehouse company has expanded over the years of its existence (Gia, 2009). The company has expanded both in size from an initial one outlet in Seattle, Washington to twenty thousand three hundred and sixty six outlets in sixty-one countries across the globe. This shows commendable growth in just four decades of operating. Starbucks has not only grown in ...

In the book, The Paradox of Choice, Schwartz explores the concepts of the increasingly important elements of modern life that is characterized with the high numbers of choices and the effect of the choice made on one’s psychological state and development. In contrast to other scholars who emphasize that choice is good, Schwartz insists that availability of many choices is detrimental (Schwartz 57). This paper reviews Chapters 3 and 5 of this book to identify some of the important concepts proposed by the author that are applicable in the modern life.
In Chapter 3, Deciding and Choosing, ...

- Project Name: BBC Digital media Initiative (DMI)
- Version: 1st
- Revision History
- Overview:
The Digital Media Initiative (DMI) is a transformational project which has been designed specifically for the staff and partners of the BBC to create develop makes and share the videos content over the desktop. BBC would like to initiate a strong collaboration with Siemens to maintain the level of efficiency in the DMI project, and to present the project to the end users in an effective and organized manner. According to the project, BBC had faced some serious issues and problems while ...

The Victims Information Bureau of Suffolk (VIBS)

Abstract
The Victims Information Bureau of Suffolk (VIBS) was established in 1976 with the core mandate being the aiding of victims of domestic violence or sexual abuse. Accordingly, VIBS has been dispensing its duties with the organization assuming an expansionary approach. VIBS has, however, not failed in its activities. It continues to offer humanitarian services. This is despite the financial challenges that it faces. However, even with the society being seemingly educated and informed, it is this paper’s contention that the organizational activities aimed at creating a state of awareness and empowering the victims are critical. In addition, ...

Gadgets Inc.

Implementation of Rent Easy Kiosk Kiosk
A. General Information
Executive Summary
Rent Easy Kiosk is a new idea which has been developed to rents out cell phone charger, battery pack to allow people to recharge their devices on the go. It is a new service which is to be introduced in the market. This product is a highly technological service developed from investing on research and development to make a service that can meet with the current needs of the customers. This service is at initial stage and it is in market entry stage, where there are numbers of existing ...

Business Plan: Security Solutions Company.

- Overview

Business idea

Security Solutions Company will be a new business venture based in New York and operating in the private security industry. The model will be a unique brand that serves a niche market with a focus on information technology based and supported services. The model was settled for as a result of the increasing need for technology based security solutions considering the increased use of information technology systems by institutions and individuals that pose significant security threats. In addition, technology advance has provided security solutions that can be tapped with the business model to offer advanced security solutions which are differentiated from the ...

Abstract

Partnership is a means of forming businesses where two or more people join their resources in order to pursue a common goal.Partnerships have many pros and cons in the way they are formed and how they operate.When starting a small business there are several ways to consider as sources of funding.These include personal savings,borrowing from friends and family,bank loans and angles.Marketing of company’s products is important in order to create awareness to target customers and to pursued them to purchase.The components to consider when marketing are product,price,place and promotion.When marketing, technology and social responsibility are used to ...

Introduction 2

Design process 3
Design best practices 3
Business support schema 5
Entity Relationship 5

Reference 9

Introduction
Businesses tend to utilize data at their disposal to influence the strategic competitive edge. This calls for database systems that transform raw data into meaningful information. Many organizations employ the use of relational databases in spite of enormous volumes and sources of data to be analyzed. Acting in the capacity of a CIO of Terabyte Ltd, I intend to come up with a database that collects data by use of the following mechanism (Stephens, 2010);
Web Analytics
Operational analysis.
...

Cash flow is one of the most critical aspects for the success of any business. For many companies, cash flow is not easily achievable, and several criteria are adopted to achieve it. The sourcing of funding from venture capitals is one such avenue and comes with both merits and demerits. Technically, when a venture capitalist invests in a company, they change the financial landscape of the business, and so do they change its ownership; they expect a percentage of the shareholding of the company, in this case, 75%. I recognize that the company stands to benefit in the following ways: avoiding the ...

Yanelisa Reyes

The University of Phoenix
Global Corporate Strategy for Microsoft Corporation
Executive Summary
After careful analysis of diversification events in the industry over the past ten years as well as an internal analysis of the company’s relevant strengths and advantages it is recommended that Microsoft take a number of strategic actions. The first is to increase presence in the Software-as-a-Service market globally with head-to-head competition with CA, Inc, a strong niche competitor in IT Management software market in the United States. The firm should also consider re-branding and migrating perception, address security concerns, and invest in growth through innovation, ...

Introduction

Rapid development of the world economy connected with emergence, development of new technologies and means of communication often misses penetrating consideration of ethical component involved in the process. However, ethical issues which regularly appear on the scene are drawing public and governments’ attention more often.

Brazil is one of the developing countries of Latin America which has substantial potential for economic growth. At the same time Brazil is a capacious market share for international companies and organizations (Griesse, 2008).
This paper is devoted to the research of ethical issues of DuPont and Monsanto companies operating in Brazilian market of ...

I. Conceptual Overview
a. Market oriented definition
The market is software development oriented. Major product users are individuals, corporations and institutions that find software essential in their day-to-day activities.
b. Product description
The product is a wireless internet gadget. It is developed for multi- use and thus operates effectively with other products. The product enables users to explore the benefits associated with wireless technology. It targets the wireless internet users.
c. Customers
i. Factors influencing behaviour
Customers’ behaviour revolves around the selection, purchase and usage of the product offered to the market for ...

1. Outline four strategic options Ford is pursuing to increase its profitability. Describe each of the four options. For each option list two criteria, you would use to evaluate the option.

The first strategic option that Ford is pursuing to increase its profitability is to close down older plants in order realign production and sales. This would help to reduce the number of vehicles that are produced per year since the company is currently producing more than the demand for the vehicles is available, leading to reduced prices. The older plants are not as efficient as the new plants, and ...