key ingredients that drive effective decisions
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
key ingredients that drive effective decisions
2 PART ASSIGNMENT
PART 1 ASSIGNMENT:
- Create 150- word document to explain how the team used the four key factors to make the suggested business solution.
- Problem Solutions
As a team, we discussed the business decision Sears made to close 150 stores and identified two potential solutions for the problem. We used different methods to develop creative ideas and ways to overcome barriers that may hinder creativity and the ability to identify solutions. The team used critical thinking skills to identify effective solutions that will create change. The use of the four key factors are applied to make suggested business decisions.
Two Potential Solutions
Based on the article, Sears has been struggling for at least two years now. They recorded losses of 60 million, before making the decision to close 150 more stores. Store closures are often the last resort decisions that companies must make to stop the losses. However, there can be at least two last resort solutions before those closings.
The first solution would be, to revamp the stores and creating some large promotional events. Although spending money may be the last thing any company wants to do, making small changes such as moving around the store layout and promoting some big sales. That can be one way to bring back customer traffic and get them to buy more.
Another option would be to focus on the e-commerce environment. Online shopping is a major problem for busy consumers. Focusing on their on-line shopping site would be an excellent way to keep Sears in business. They may still have store closures, but at least they will be able to move merchandise and not let their brand die completely.
The four key ingredients that drive effective decisions are:
- The executive knows exactly the career and business situation he or she is in without illusions.
- The executive knows the role he or she has to play (his or her job), and how to play it very effectively.
- The executive has clear and ambitious goals.
- The executive creates cost-effective options for his or her decision making.
PART 2 ASSIGNMENT:
Purpose of Assignment
The assignment for Week 4 gives students a chance to examine their own decision-making process as well as use a creative method to illustrate the stages of the process. This gives students the opportunity to take their real world, personal decision and relate it to their future work and careers.
Assignment Steps
Develop a 700-word evaluation of a recent business decision in your work or desired career.
Include the following:
- Discuss the influence the decision-making process had on the outcome.
- Evaluate the effectiveness of the process. What stages were most challenging and why.
Create a “Decision-Making Process” infographic in an appropriate format for the organization based on the action plan. This can be done using Microsoft® PowerPoint®, Microsoft®Publisher®, Word, or sites such as Glogster® and PiktoChart®.
- Select a decision you made recently as it relates to your work or desired career.
- Identify the stages of the decision making process as it relates to your decision.
Format consistent with APA guidelines.
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
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