Decision Making Essay -- GCSE Business Management Coursework

Decision Making Assignment Description: For this assignment think of an important business decision you have made in the past in which the results of your decision turned out poorly. Your manager is concerned and wants to make sure that you learned from this mistake and the likelihood of this happening in the future is minimal. Therefore she would like you to email her a reflective analysis about that decision. Be sure to address the following in your analysis: 1.  Ã‚  Ã‚  Ã‚  Ã‚  Describe the decision and its relative importance to you as the decision maker. (1 paragraph) 2.  Ã‚  Ã‚  Ã‚  Ã‚  Use three different theories associated with this unit's resources and readings to illustrate your decision making process. (3 paragraphs). 3.  Ã‚  Ã‚  Ã‚  Ã‚  Compare and contrast your understanding of judgment and/or decision making using these three different theoretical approaches.(3 to 4 Paragraphs) 4.  Ã‚  Ã‚  Ã‚  Ã‚  What does this imply about our understanding of how to make judgments and decisions? (1 to 2 Paragraphs). 5.  Ã‚  Ã‚  Ã‚  Ã‚  How will knowledge of this analysis help you to make better decisions in the future? (1-2 paragraphs) 1.  Ã‚  Ã‚  Ã‚  Ã‚  Describe the decision and its relative importance to you as the decision maker. The decision was made when I was a Production Supervisor. Quality of product was getting much attention due to many customer complaints as a result many standards were put into practice. In an effort to reduce the customer complaints, all employees were expected to follow the new standards. Even t...