Decision Theory within the Global Market

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Decision Theory within the Global Market

Outsourcing a Division

Assume you are a manager in a large Middle East manufacturing organization. You have been asked to consider outsourcing a division of the organization to another country.

  • Describe the steps you would take in evaluating this decision.
  • Explore whether or not you would use prescriptive or descriptive decision-making and explain your reasoning.
  • Evaluate the critical thinking skills you believe would be necessary to make this decision.

You must demonstrate your ability to describe the steps you would take in the decision-making process rather than merely providing an answer to this scenario. Your paper should be well-crafted, demonstrate careful development of thought, and exhibit critical thinking skill as appropriate to graduate level academic writing. Further, providing a narrative is not enough. You must tie in the concepts gained in the course and integrate those concepts throughout the main body of your discussion.

Notes:

The paper should be 4-6 pages long, double-spaced, and formatted and APA style guidelines.

Use at least 3 peer-reviewed scholarly sources and information Judgement in Managerial Decision Making (Bozeman & Moore ) 7th Ed.

References must be between 2010 – 2016

 
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