StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

MGT Week 4 SA DB - Case Study Example

Comments (0) Cite this document
Summary
Family considerations were influential in the decision. A lot of times people go into business with a family member in order to help them out. Another important factor that influenced the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
MGT Week 4 SA DB
Read TextPreview

Extract of sample "MGT Week 4 SA DB"

1 The decision to enter into the Mary Kay business was based on a variety of factors. Family considerations were influential in the decision. A lot of times people go into business with a family member in order to help them out. Another important factor that influenced the decision was the fact that the business required a minimum investment due to the fact that the company did not required its agents to pay for the inventory upfront. The only constraint that hurt his ability to make more money was time.
#2
The use of uncertainty avoidance was a regrettable decision in regards to dealing with the family situation of a nephew. The kid needed love and support. Sometimes people have biases when dealing with family members. The nephew was bounced around family members and did not receive the discipline, encouragement and love he needed. The entire ordeal was an unfortunate situation. In the future instead of avoiding situations it is better to deal with them head on.
#3
Choosing a university is one of the most important decisions in a person’s life. The approach used by this person of relying on word of mouth was not well thought out. Word of mouth is a good method to evaluate products, but is not well suited for selecting a university. This technique is susceptible to bias opinions. Being overconfident in the decision making process is also not good. Overconfidence can lead to mistakes (Swedroe, 2010). This person should have looked for the advice of counselors, teachers, and other professionals. Doing research online would have also helped.
References
Swedroe, L. (2010). Why Overconfidence Can Be Bad for You. Retrieved July 6, 2013 from http://www.cbsnews.com/8301-505123_162-37841303/why-overconfidence-can-be-bad-for-you/ Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“MGT Week 4 SA DB Case Study Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/management/1622500-mgt-week-4-sa-db
(MGT Week 4 SA DB Case Study Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/management/1622500-mgt-week-4-sa-db.
“MGT Week 4 SA DB Case Study Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1622500-mgt-week-4-sa-db.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF MGT Week 4 SA DB

MGT Week 3 DB SA

...Management Case Study Management Case Study Respond 1 In decision making either in business in personal matters, it is crucial to separate emotions from facts. This is so due to the fact that good decision making is based on considering all facts by establishing which facts out way the other. For example, in this case study there are various issues to be considered by the yet to be a couple. One is the fact that one does not want to move because of his bad relationship with his family while the other factor considered is the financial issue (Bazerman & Moore 2009). The couple does not have enough money to start a new life to live in new York at the moment hence moving to Pennsylvania will help them to save some money since... Case Study...
1 Pages(250 words)Case Study

MKT Week 3 DB SA

...Case Study: Marketing s 28th June Software for monitoring congestive heart failure patients To begin with, the presentation of this idea is not insightful because the reader cannot easily understand what will be the use of the software, which has not even been named and there are a lot of missing information. For example, it is hard to understand how such software will be used for the purpose of discharging patients as well as doing a follow-up for the patient’s home care and it raises the question as to whether this software will be installed at the patient’s home in order to gather information about his recovery process. Secondly, the presentation was not satisfactorily, because it seemingly appears as if the Elinext Group... Study:...
1 Pages(250 words)Case Study

MGT Week 9 SA

...Paragraph Answer Combined analysis of the articles and comparison and contrast of the materials leads to awareness about what sort of studies are suitable to be carried out in a particular way i.e. qualitative, quantitative, or mixed methodology and what are the suitable ways in each of these methodologies to achieve the objectives of the research. During every research, quantitative and qualitative methodologies are very important factors, to come up with the best results. It provides a clear way to understand the behavior and characteristic of others. When the purpose of the research was to measure the post-merger organizational culture, a survey was the appropriate tool to be used. When a particular question has to be answered... Answer...
1 Pages(250 words)Research Paper

MGT Week 10 SA

...MGT Week 10 SA Paragraph In the focus of the commitment employees have in the operation of the company, there fact of the organizational culture proves important in ensuring that all people are in a position to achieve what they want. Organizational culture influences the conduct of different people in an organization so that it enhances the cooperation between the people involved but this is reinstated by the involvement of the leadership and the role it plays to enhance the employees. Paragraph 2 On another analysis, organizational culture contributes to the participation of employees in an organization because it moderates the relationships that are a important characteristics of a good working environment. Of importance... Week 10 SA...
1 Pages(250 words)Essay

BUS Unit 4 DB SA FWP

...INDIA AND SAUDI ARABIA Assessment one The analysis about India is accurate because of the following facts: India had not opened up to the world till the year 1980 since the rate of growth developed in the 1980s. The economy grew at a yearly rate of 5.5 percent, and 3.3 percent on a per capita basis (Mukherji, 2011). Industry developed at a yearly rate of 6.6 percent as well as agriculture at a rate of 3.6 percent. It was a closed economy and the foremost objective was to guard its market from foreign antagonism (Krueger, 2002). The aim of its policies was to ensure the countrys independent policy and maintain regional peace as well as stability through the projection of Indian power. India was the founding member of the GATT i.e... AND SAUDI...
1 Pages(250 words)Essay

FIN Unit 4 DB SA FWP

...FINANCIAL S Assessment One Selecting the right financial for doing business globally is extremely important because: Starting a foreign account provides various chances for trading relations and establishment of sales, manufacturing, as well as distribution (Deshpande, 2004). The need for international treasury management are usually apparent when offshore processes that both makes and accepts payments in a foreign country. This creates the need to proactively assess how offshore treasury functions should be assimilated with the company’s domestic treasury organization system (Deshpande, 2004). Taking the initiative to have a global financial partner can result in a business having operations in numerous countries with numerous... S...
1 Pages(250 words)Essay

MGT Leadership and Ethics Unit 3 DB SA Second Week

...Leadership and Ethics Number Part Describing the Two Leaders in Term of LPC and Situational Control Mary Kay can rightly be judged as a high LPC individual because she works by being closer to people and mentoring them and nurturing their talents and skills through equally nurtured interpersonal relationships. Bill Gates on the contrary may be passed on as a low LPC because he ascribes worth to social and economic values to performance. As touching situational control, Bill Gates is more concerned about making profit, achieving organisational goals and staving off competition than Mary Kay who also wants to nurture closely-knit intra-organisational relations, alongside Bill Gates’ goals (Nahavandi, 2006). How the Two Leaders... and Ethics...
1 Pages(250 words)Essay

Strategic Management Unit 4 DB SA Final Week

...Strategic Management Unit 4 DB SA Final Week Template The proper production in companies includes theirability to conserve the environment. My chosen company it Toyota Motor Company which forms the largest auto manufacturing company in the globe and which is based in Japan. To ensure that the environment is protected the firm has instituted laws against waste disposals from chemicals into the river so that affluent are first treated and discarded. The emissions to the air are also treated to ensure that harmful gasses are not released to the environment (KPMG, 2010). Pollutants such as sulphur emissions have been reduced and the company ensures recycling to reduce the...
1 Pages(250 words)Essay

Week 4 DB Alex

...Week 4 DB Alex The and not the firefighters is liable for the harmful acts of its employees. The is vicariously responsible under the rule of respondeat superior. The firefighters sexually assaulted the woman in the course of their employment. For this reason, the city is liable since it permitted the firefighters to take the trucks to the event and did not keep watch of the activities, which its employees engaged in while in the event. Therefore, it was a negligent act by the city, not to monitor its employee and help in preventing the incidence from occurring. Reasons for considering the firefighters conduct as within the course of employment, is because of the city’s top official was...
1 Pages(250 words)Essay

Week 4 DB Sha

... Respondeat Superior: Employer Responsibility The has respondeat superior liability for the harmful acts of these firefighters. As cited by (Owen 72), the principle of agency holds that an employer or principal is actually explicitly liable for the torts of his or her employee or agent that happen during the course of the employee’s actions on behalf of the employer. First of all the captain gave the firefighters the permission to attend the Porn Star Costume Ball. In this perspective, the captain is acting on behalf of the city with the employees being subject to the control of the employer. Besides that, the 24-year-old photographer was asked by the firefighters to take the photographs and was assaulted in the city’s truck. Even...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic MGT Week 4 SA DB for FREE!

Contact Us