Describe decision making process for complex issues pertaining to business environment both internally and externally. (C.L.O :1.1)
- Describe decision making process for complex issues pertaining to business environment both internally and externally. (C.L.O :1.1)
- Define different perspectives and concepts of problem solving in diverse contexts and business situations. (C.L.O :1.2)
- Demonstrate decision tools and employ appropriate analytical business models to break down complex issues. (C.L.O :2.2)
Assignment Instructions for Part-I:
- Log in to Saudi Digital Library (SDL) via University’s website
- On first page of SDL, choose “English Databases”
- From the list find and click on EBSCO database.
- In the search bar of EBSCO find the following article:
Title: “Case Study: When the CEO Dies, What Comes First: His Company or His Family?”
Author: by C. Maria Rex Sugirtha
Date of Publication:September 1, 2023
Published: Harvard Business Review
Assignment Question(s):(Marks 10)
Read the case study titled as “Case Study: When the CEO Dies, What Comes First: His Company or His Family?” by C. Maria Rex Sugirtha published in Harvard Business Review, and answer the following Questions:
- Identify the main problem and subproblems of the case? [Mark 2]
- Identify the causes of problem based on the following techniques?[Marks 3]
- Develop a mind map for decision making, [2 Marks]
- Write all the alternative choices of your decision.[Mark 1]
- Make a decision and write the conclusion.[Marks 2]
- Cause of the problem- 5 Why Technique
- Why-1
- Why-2
- Why-3
- Why-4
- Why-5
- Develop a Cause-and-Effect Diagram
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