Decision Making - Coursework Example

Decision Making Decision Making Sycamore pharmaceuticals have an administrative structure that makes decisions for other organs to implement. Mostly, strategic decisions come from the president or leader who passes the duty of implementation to the management (Fitzgerald, 2002). The Managing Board later gives the resolution of the marketing organ to strategize on how best to sell the products. In consequence, it is clear that leadership, managerial and marketing bodies exist in this organization.

The leader’s decision to market the product despite prior knowledge of its ineffectiveness has put the body in crisis. The verdict bears positives for the individuals in the institution as well as the organization. However, the prioritization of profit with disregard of the customer well-being leads the firm into crisis. Specifically, it amounts to the organization breaching the laws governing ethical practices and thus may face legal action (Fitzgerald, 2002). For this reason, the company needs to make haste and strategic decisions with high-risk consequences.

Nonetheless, the company may compensate the victims to avoid legal battles. More so, individuals in the company should look into ways that improve the product. Therefore, it is important that the leader change the decision-making approach that gives the managers the autogamy of making decisions in the enterprise.Considering Werbach’s criticism of Wal-Mart, it is unexpected that he would join the company. However, he realizes that he can influence change while working from within the system.

Although the public view this as a bad decision, Werbach can change the employees’ lifestyle as they start embracing sustainable practices. Therefore, it is a successful decision considering the positive outcome.A successful decision is measured by how well it shapes the growth of the business. In addition, the benefit-cost ratio is applicable as an indicator of assessing the effectiveness of a decision of the company (Fitzgerald, 2002).ReferencesFitzgerald, S. P. (2002). Decision Making. Oxford, U.

K: Capstone Pub.