Decision Analysis paper Part 2

Questions/Business/ManagementDecision Analysis paper Part 2
The Final Project is designed to help you synthesize the insights and knowledge you have gained about decision making throughout this course and apply that synthesis to a decision problem that matters to you.
This week, you will refine your paper based on feedback received from your Instructor in Week 8.
Write a 4- to 6-page paper, revising and refining the one you submitted in Week 8.
In this paper, also determine “states of nature” with corresponding likelihoods, as well as potential alternative solutions to the problem, and the utility or payoff associated with each alternative.
Provide a decision tree that captures your decision problem.

Attachments
USW1_MGMT_8045_Week08_projectRubric-instructor feedback..xlsx
week-8-paper.docx
The significance of communicating in enacting decisions.pdf
Before you make that big decision.pdf
Managing stakeholder involvement in decision making.pdf
instruction for week_9.docx

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Attachments
week_8and_9_papers (2) (1).doc
Introduction
Decision making in simpler terms is to choose between the two set o* alternatives ** *** ******* ** ******** ******* *** ** **** **** *** ******* ** ****** *** ** ** considered *** *** ******* ** evaluation *** ******** **** *** *** ******* probability ** effectiveness *** *** *** **** ***** ** ******* *** ***** ** **** ** **** *** *** **** *** ** *** ****** *** lifestyle *** evaluated simultaneously ** * ******* background *** alternatives **** *** ******** *** ******* *** *** ***** ** **** qualifications (Planas-Sitja, Deneubourg, ****** ****** *****
Description ** *** ********
*** ******** ***** ** elaborated ** **** ***** ******* ** ** **** ** **** decision, *** ****** ** ** ** **** *** *** ******* ***** ** ** ** ******* ***** graduation * **** *** alternatives ** ******** **** accountancy ** management ** **** *** ******** *** **** ** **** ** preference ***** ** * ******** **** ****** **** ** ** considering ** **** decisions **** ** *** ***** ** *** ******* *** **** ***** ** ******** ** ** ***** *** ******** ***** *** ** ******* **** **** *** ******** *** expectations ** ** ****** **** ** ******** *** ****** ***** *** associated *** ** ****** *** *** ****** ******* * ****** *******
*** ****** ** ** **** *** ******* ** *** ******* ** *** ** *** **** *** ******** **** intuition *** reasoning ** *** **** ***** ** **** *** selection ** *** ***** **** **** ** **** ***** **** ***** ** **** **** ** **** ** **** ****** ***** ** *** *** ** *** **** important ******** ** ** **** *** ** effective decision-making, ** ** necessary **** *** ******** **** *** *** capability ** ** implemented *** ** ****** ** *** ******** individually *** ******** *** ****** ** *** ******** ** **** Therefore, *** ** ******** ** ** effective * **** ** ****** **** ******** ******** * **** * ****** ** **** ** implement **** ******** ** ** **** *** ******** *** *** ******** ******** ** **
Stakeholder’s ********
*** ******* stakeholder, ** **** ***** ***** ** ** ** * ***** ** ******** *** **** ** *** ******** *** *** secondary stakeholder, ** **** ***** ***** ** ** ******* ******** ******* management, ******** *** ***** *** stakeholder ******** ** *** ******** ** ** **** ***** ** *** * *** *** ******** ** ***** ** ****** ** ****** *** ** **** ******* subordinate stakeholder ** ** ****** ** **** *** dependent ** *** *** ****** *** *** ***** ** ******* ** ******* *** ** ******* ***** * ** ***** ** ****** ** ****** education *** ** ******* *** **** ** ** ******* ****** *** ****** *** **** ****** ** ***** ****** * ****** ****** ** ***** ****** ** ****** *** ******
******** Environment
*** ******** environment ******** ****** ** ****** *** ******* ** ** * **** ** situation ***** *** ** ******** ******* ******** *** financers *** ******** ***** *** environment ** *** ******** ******** ** insights, ** ******** ** ******* ** ****** ***** *** ** *** ** **** **** ** * ******* ******** ** **** *** ** something ***** **** ****** ** **** *** ****** *****
Explanation
** *** **** *** statement *** ** **** ** ** individual ****** ** ** ******** ****** ** ******* ** ****** * ****** *** ****** * ******* ******** ** *** ***** ***** ****** *** **** ** according ** ** ** ** * ***** ******** *** ******** ** ******* ** ***** ******** ******* ** **** *** **** ** *** ****** ** individual *** **** ******* ** ****** ** ***** ******* *** ******** **** ** ***** importance, ** **** **** ******* ** ******* ** ******* ***** ******** * ****** ** **** ** ***** *** ***** ******** ** ** ***** * **** ******** ** ****** ** *** decision-making ******* ** **** *** ******** ******* *** financers ** ** ****** *** **** consulted *** *** **** ** ****** *** repayment ******* *** ******** ***** *** ******** ** ** **** involves, *** ***** determination ** *** ******* therefore ** ** * ***** ******** ******* ****** *****
***** ** ****** ** ******** ********
Introduction
** *** **** ***** ****** ***** *** *** operations *** ***** ******** ******* ** decisions *** ***** ** **** *** ***** ***** *** ******** ***** contribute ** *** strategic ***** ***** *** ******* ** *** **** *** ******** ** ***** ******* ** *** **** ******** ** *** consideration ** *** ******* *** ******* ** *** *** ******** ** **** ** ***** ******* **** *** ******** efficiency, cost-effectiveness *** *** productivity, *** * ******** objective ** ** *** *** *** ***** ***** ** ** ******* *** ***** ******* *** individual operational ***** *** *** different ******** operations
*** *** decisions *** ***** **** ***** *** ****** ** **** coordinated ** **** *** ******** ** ******* *** **** ***** *** **** ******** * quantitative technique *** **** elaborated ** **** ***** ***** ** popularly ***** ** *** ******** ******** *** ****** *** decisions *** ******* ***** situations ***** *** existence ** *** ******** ** ******* ******** ****** *** ** **** ** * technique ***** ** ******* ** ****** ***** ** ** ** ******* ** ******* ***** ** *** ******** ****** ******* *****
***** *** ******** conditions, ***** ** *** occurrence ** ******* decisions ****** * *** ** **** techniques ** *** quantitative ******** ****** ** **** ** ** ** ******** ******** ** **** *** ******** ***** ** ***** ** **** **** *** ******* ******** situations ***** ******** ** ****** *******
*** ******** ******** **** ** **** *** decision-making ***** ** * *** necessary ** **** ******* * structured, *** * ****** ******** *** **** reflected ** *** ****** ** *** decision- ****** *** collection ** ******** ****** techniques ** *** *** **** ***** ***** ** represented ** *** ******** ******** *** **** ** underlying decision-making ***** ********
***** ** ******
*** ***** ** ****** *** ** **** ** ** ** **** ** ***** ***** ** **** ** ****** ** ******* ** *** ******** ***** *** ******* **** ** * ***** purchasing *** ******* ****** *** ******** ******* *** **** **** ***** ** *** ***** *** **** ******** ****** ** *** ***** ** ******* *** *** ****** ** **** ** dependent **** *** ******* alternatives *** **** *** ***** ** *** character ** *** ******** ***** *** ** ** ***** ****** ****** * ******* *****
*** ******** *** ** ** *** ***** ***** ** ** *** favorable ****** ******** *** production ** * ***** ***** ** producing *** *** ****** ** * ******* ***** ***** ** ****** *** *** ****** ** ****** *** ** ***** ** producing *** ******* ******* ****** ** *** *** ****** ***** *** ***** ***** ** providing * ******* ***** *** *** ***** ***** ** ****** * **** **** *** ** production ** *** ******
* criterion ** * **** decision, *** *** ****** ** *** ******** ** *** ******** ***** ** ******** **** *** ***** ** ****** ** favorable *** **** *** ***** ****** ***** ** ***** ** ***** *** *** *** alternatives ** *** ******** *** *** ** *** ***** ** ******* ****** ** ***** calculated ** deducting **** *** ***** **** ** *** ****** ***** ** ******* **** *** **** **** ***** ** ******* ** *** **** **** ******
*** ******** ***** ****** ***** **** ** *** ******** ***** ***** ***** *** ******* ***** ** ******* *** ****** ***** regarding *** information **** ** available ***** *** **** predicted perfectly **** *** occurring ** ***** ***** ** ****** ** ******* *** **** *** ******** ** ***** ** ** **** ***** **** ** **** ****** ** *** ***** ** ******
*** ***** ** *** ****** ** accountancy **** ******* *** *** ***** ** *** accountant ** *** ** *** organization ******* ***** *** **** **** ******* ***** ***** ** ****** *** **** *** **** ****** ****** ******* *** **** ******** ** ** **** **** *** *** ** *** ***** **** **** ** ** ** *** management **** ** ****** ***** **** ** ****** **** particular ***** ***** **** advertising ** ***** department ******** *****
*** ******** *** ** ** *** ****** *** ** * **** ******** ***** *** *** ******** decisions *** ***** ***** *** ***** ** *** reasoning, *** *** available **** *** considered *** ***** **** ** ******** alternatives *** **** considered *** * quantitative ******** ** ******** ** *** ***** ***** ***** ** ** ******* ******** ***** ******** *** ** ** *** *** ******** ******** *** *** **** ***** ** available ** *** considered, *** *** *** ******** alternatives *** **** ******* ***** **** *** *** quantitative ******** ** **** *** ********
Alternatives ** *** respective ********
*** ****** ****** ** different **** **** ** *** ******** ***** ***** ***** ****** *** decisions, *** perspective ****** ** ******** *** ***** *** *** **** ******* ******* *** **** ** alternatives *** ** **** ** *** respective ******** ***** *** ***** ***** ** *** ** *** ******** ****** *** **** ** *** ******* *** ***** ******* ** ** *******
** *** requirement ** **** information *** ****** *** ** ****** *** ******** ****** ******* *** **** information ** *** *** ******* ** ******* **** ***** ** ***** **** ** **** ** *** information collected, **** ** **** ** **** ** **** *** ********
** **** *** solutions *** *** solutions ****** ** ***** ***** ****** ** ***** different **** *** ******** **** **** *** *** solutions *** ******** ***** *** ******** ****** *** ** **** **** *** different **** *** ******* ***** ** ******* **** **** alternative ** **** **** **** *** ***** perspective *** ****** *** *** situation *** ***** ** **** ** ******* ****** ****** *****
** ******* *** opposition *** ******** ***** ***** ****** *** ******** *** ***** **** ** ***** **** ***** ****** **** *** opposition ** *** opposition ** **** **** *** ******** ***** **** understand **** **** *** ******** ** *** *** ** **** *** *** ***** ** ******* *** ******* ** **** ** **** *** opposition ** ***** ** ******* *** ***** ******* ** *** ******** ***** *** *** ****** *** **** *** ** ******* ****
** *** **** promising *** *** ******** **** *** decisions *** ** ** ****** **** **** ** **** **** **** confidence *** *** **** *** ******** **** *** decisions ****** ** **** ** * *** **** *** **** excitement ** **** *** ****** *** **** **** ** ** ******* *** ******* ** **** alternative ** **** **** *** decisions *** ***** **** * ******* ******* *** achievement ** *** **** ** **** **** *** *******
******** ****
**** ******** **** ** ***** ** *** ******* ***** ***** *** available **** * ****** **** ** *** ****** *** *** different alternatives ***** *** available ** different ******** ****** * ******** **** ** * **** ***** ******** *** ******** ***** **** *** **** ** *** **** ** * ***** ** ***** *** **** *** consequences ***** *** ******** including *** **** ** *** resource, ****** ** *** ***** **** *** *** ******* *** ** *** **** ** ***** *** algorithm ** displayed ** **** ** ** *** ******** ****
* ******** **** *** ** **** ** ** * **** ***** ***** ** ****** *** decisions **** *** **** ** * ***** ***** ** * **** **** ***** **** **** ***** ** *** ****** *** **** **** ** *** individuals ** **** ***** decisions *** **** *** consequences ***** *** relatively ******** **** *** ******** **** ** *** resources *** *** ***** **** ******* ******** *****
**** *** ******** **** ***** *** **** ***** ***** **** **** *** ***** ******* *** *** ** **** ***** *** probability *** ** ****** ** ****** **** *** **** ***** ** ***** *** **** accordingly *** percentage ** *** probability **** **** ** * *** *** ***** ** *** probability ** *** **** **** ** ** ******* **** *** ** *** ***** **** * **** **** ***** ** *** probability **** ** ** ******* ****
References
***** ** ******* * * ******** * ****** ******** ****** Descriptive, normative *** prescriptive interactions Cambridge *****
****** * ****** ******** ******** ****** ****
******* ** * ****** * * (****) Rational ****** ** ** ****** world (*nd *** ******** ***** ** ****
****** * ****** ******** ****** ****** ******* *** ****** decisions ****** ****
Mullen, * ****** * ****** ******** ****** *** ***** *** ******** ****** *** ****** *****Price: $60.00

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