We are going to examine how an entity made a decision and the impact of that decision.

Select a company, a supplier, a producer, a not-for-profit organization, a government agency, a community, or a social movement of your choice to analyze the process, costs, benefits, and the outcome of a major choice that the organization has made. A decision could be to expand production, relocate, eliminate a product or service line, hire more people, layoff workers, shut down operation, change their marketing approach, target a new market, or change the structure of the organization.

To start the selection process of your organization, select an organization or a company and then perform a quick online search for a major change in that company that impacted its labor force, market share, revenue, and costs. Or you could select the organization you work for or belong to and do similar search about them.

Your research needs to be structured with consistent and clear thoughts. It also needs to be supported by facts and data. Your results need to be based on solid facts. Your conclusion and opinion need to be thorough and based on your findings and understanding of the concepts: Trade-Off and Economic Systems.