I’m studying for my Management class and need an explanation.

 

The supplement to Chapter 5 in your textbook describes and develops several decision trees.

Address the following requirements:

• Develop a decision tree for the case described.
• Explain the process of developing a decision tree, draw the decision tree (include the decision tree in an appendix showing chance nodes, probabilities, outcomes, expected values, and net expected value).
• Defend your final decision based on your decision tree.

Case for consideration—An operations manager for a cereal producer is faced with a choice of:

1. A large-scale investment (A) to purchase a new cooker which could produce a substantial pay-off in terms of increased revenue net of costs but requires an investment of 3,750,000 Saudi Riyal. After extensive market research it is thought that there is a 40% chance that a pay-off of 9,375,000 Saudi Riyal will be realized, but there is a 60% chance that it will be only 3,000,000 Saudi Riyal.
2. A smaller scale project (B) to refurbish an existing cooker. At 1,875,000 Saudi Riyal, this option is less costly but produces a lower pay-off. Again, extensive research data suggests a 30% chance of a gain of 3,750,000 Saudi Riyal but a 70% chance of it being only 1,875,000 Saudi Riyal.
3. Continuing the present operation without change (C) which cost nothing, but produces no pay-off.

Directions:

• Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
• Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
• Use Saudi Electronic University academic writing standards and follow APA style guidelines.
• It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin – Student Guide for step-by-step instructions.

I need support with this Management question so I can learn better.

 

• Identify the problem. [and other sub problems]
• What could be the causes of problem?
• Gather information: What information should you gather that would be helpful to know before making a decision?
• Consider the various choices of solution?
• Make the decision.What should you do?
• Evaluate the decision.Why do you think this is the best decision possible?

• Main problem:……………………………………..
• Other problems:

• Cause of the problem- 5 Why Technique
  • Why-1
  • Why-2
  • Why-3
  • Why-4
  • Why-5
• Develop a Cause and Effect Diagram

’m studying and need help with a Management question to help me learn.

 

Instructions

Select a publicly-traded company to research. Evaluate its human resource (HR) and business strategy, HR department job positions, and ways it markets its company regarding human capital. The following are some of the company websites that provide this information:

• Allstate: Human Resources Careers.
• State Farm: Human Resources & Training Careers.
• Ford: Careers.
• Aruba Marriott Careers. (You can also search for other companies from the Marriott website.)

In addition, refer to the U.S. Bureau of Labor Statistics website, which identifies detailed roles for HRM personnel and offers you some insight into HRM positions.

REQUIREMENTS

Write a 3 page paper in which you:

• Propose how you would ensure the HR strategy is in alignment with the business strategy.
• Describe the HR job positions and the responsibilities listed for that HR department.
• Determine which HR job positions you would prefer and explain why.
• Analyze how the selected company can establish HRM strategies to improve competitive advantages.
• Propose three ways that the company can increase diversity.

Use at least three high-quality academic resources in this assignment. Consider beginning with your course textbook and quality sources that can be found in the Strayer Library.

Note: Wikipedia does not qualify as an academic resource.

The specific course learning outcome associated with this assignment is:

• Propose how to align human resource strategies with business strategies to increase competitive advantage, including increasing diversity.