Running Head: MANAGEMENT 1

Management

Student’s name

Instructor’s name

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MANAGEMENT 2

Question 1

Freezing pay or salary freezing is a strategy where an industry maintains the current pay

level for all employees within certain duration. In this case, the industry does not increase

payment. This decision of freezing payment for a year can be made fair by explaining to the staff

members the reason for the action (Bals et al. 2016). Likewise, I can make this be a fair decision

by ensuring the organization sets a new payment that is slightly lower than the current payment.

This payment will motivate the workers and allow them to understand rather than resuming the

initial payment. I will ensure the organization views it as a fair decision by revealing to them its

importance.

Question 2

Decision-making is a crucial aspect that assists in solving issues. As a care consultant, I

decided to create a decision tree to assist the Indian government in COVID-19 flu vaccination

strategy. A decision tree is a choice support instrument that involves tree-like decisions model

and probable concerns such as utility, outcomes, and resource expenses (Bals et al. 2016). The

crucial alternatives effective to maximize the required economic advantages in addressing this

issue include monitoring services and vaccination implementation. The monitoring services

include analysis of the virus through the implementation of drugs to sustain the disease spread.

The vaccination implementation will aid curb the virus and save the country economically in

other sectors. I recommend the vaccination implementation as it will save the government

economically since other sectors will progress effectively.

MANAGEMENT 3

Vaccination in the 1st year (70) 70 0.10

Flu strike (0.75) 100 0.30

COVID 19 no vaccination in the1st year 150 0.60

No flu (0.25)

Flu strike 100 0.75

Early warning (30)

No flu 0 0.25

Question 3

A decision support system assists in analyzing complex issues. This system involves a set

of data and demand with a methodical decision-making technique. However, ethics play a crucial

role in decision support software as it ensures trust and respect generation. Ethics ensures

effective responsibility implementation in making better decisions and facilitates interpersonal

communication. Decision support systems assist businesses in making a crucial decision by

setting ground behavior rules using ethics (Sundari et al. 2019). The crucial principles of ethics

include justice, efficiency, autonomy, beneficence ensure profitability and quality of decision-

making events. Ethics plays an effective crucial strategy in the decision support system database,

software, and user interface.

Question 4
MANAGEMENT 4

I made a major financial decision on a car purchase, which consumed much of my time

analyzing and making effective decision. However, in making this decision, I considered crucial

phases to assist in the process (Bals et al. 2016). Initially, I did deep information research

strategies of different vehicle models. I made a list of the best vehicle models of my choice and

did alternatives evaluation. I evaluated the alternatives, which was hard since all the models were

perfect. Later, I made a purchase decision, bought the vehicle, and evaluated my decision, which

was outstanding. Analysis paralysis affected this process in evaluating the alternatives since I

had to acquire external assistance in making the decision.

MANAGEMENT 5

References

Bals, L., Kirchoff, J. F., & Foerstl, K. (2016). Exploring the reshoring and insourcing decision

making process: toward an agenda for future research. Operations Management

Research, 9(3-4), 102-116.

Sundari, S., Fadli, M. N., Hartama, D., Windarto, A. P., & Wanto, A. (2019, August). Decision

Support System on Selection of Lecturer Research Grant Proposals using Preferences

Selection Index. In Journal of Physics: Conference Series (Vol. 1255, No. 1, p. 012006).

IOP Publishing.