Question
Managing often requires making decisions under conditions of uncertainty. While management principles can provide framework for analyzing complex situations and making decisions, they can be
Managing often requires making decisions under conditions of uncertainty. While management principles can provide framework for analyzing complex situations and making decisions, they can be difficult to grasp when presented in a sterile, theoretical manner. Cases present situations from real business in order to provide opportunities to perform qualitative and quantitative analysis, to consider various managerial alternatives, and to formulate and present action plans. Analyzing a case involves examining data that are presented, suggested, or implied. To get the full meaning of the information it is usually necessary to relate the various pieces of data to each other in the context of the situation. It is then possible to generate alternative solutions, evaluate the merit of each alternative, and finally decide upon and be able to defend - a course of action. What you get out of case study will depend upon what you put into it.
use the above case study and develop a power point presentation. consider the following questions your presentation. 1. on how you deal with it when there is decision under uncertainty 2. Your alternative idea on decision making under uncertainty 3. Your solution during decision making under uncertainty. 4. your conclusion on decision making under uncertainty
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