Economic Decision Making Essay Examples

making (Lerner K., Lerner B., & Lerner A. 2006). However, this does not always make it a positive move. A more qualified person for example during job seeking might miss out a chance because they are supposed to be equalizing the number of employees based on gender. Similarly, limiting gender basis in a selection of jobs and schools allows for equal opportunities for both men and women (Lerner et al. 2006). Selection should be done on the basis of qualifications and not gender. Creating awareness and campaigns on gender equality is very important. It will allow understanding of both genders being equally important and hence equal treatment. It is clear that gender inequality is still an issue....

making and problem solving within my area of participation. As the youngest in a family of four sisters, I have molded and pursued my own path, which has been one of my biggest challenges. This has toughened me in making proper choices and decisions concerning my education and personal life. At an early age, I had discovered my passion for aquatic life, and this pushed me to study marine biology, which would help me fulfill endless question on the sea world. Therefore, receiving the scholarship will not only help me fulfill my dream of studying marine biology but overcome by financial burden. I always take myself as a hardworking, self-disciplined and determined student and these attributes are a...

making, and as a result of organizational democracy, employees are becoming more involved. Organizational communication plays an important role in how employees express their loyal dissent. Communication within the organization determines how employees and management relate. When symmetrical relations exist within the organization setting, there is a form of a real dialogue between the employees and the management. And in such a situation when real dialogue exists employees may feel free to express their loyal dissent. This is because such organization is open to listen to the employees and therefore, communication will mediate the space between those in power and employees while creating reality to...

making, planning, inventory tracking, customer service, stocking, marketing decisions, pricing, and forecasting. Potential Solutions To ensure better results the organization will purchase products that will aid in their inventory tracking capabilities, and the three vital tools include: Electronic Data Interchange (EDI) Universal Product Code (UPC) Virtual shelves Criteria A good system should track inventory through the supply chain process, from production, warehousing, shipping to the retail store. This will ensure better management decisions on the products to purchase and stock. The characteristics required for the best tool include: A flexible and scalable system that will grow with...

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Making Model and Implementations for Company’s Growth. International Journal of Economics, Finance and Management Sciences; 3(5): Pages...

Economic Review, 99(1),...

making process. Micromanagement has resulted in the existence of managers who exercise too much control over the Marines. Resultantly, issue has caused a direct management failure in regards to focusing on the unit’s major details. Another issue that has negatively affected the transformation process is lack of confidence in the unit’s leaders. The existence of some incompetent and unreliable leaders has resulted in most submarines lacking faith in their ability to manage the unit (Moran, 2013). This issue has resulted into lack of work efficiency between the management and the Marines. To sustain the transformation for subordinate Marines, the management of the unit should use realistic...

making. References Bartle, P. (2012). Elements of Community Empowerment. Cec.vcn.bc.ca. Retrieved 20 February 2018, from http://cec.vcn.bc.ca/cmp/modules/mea-ele.htmClark, M. (2015). Population and community health nursing (6th ed.). New York: Julie Alexander....

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making, and well-organized communication. Goals that result in effective teamwork must be of common interest with all team members willing to contribute to their achievement. The teams must develop working relationships that must be based on commitment, cooperation, participation, satisfaction, learning, and growth. As explained by McCloud (2016), the effectiveness of teamwork in a group can be witnessed in working relationships where every member has a defined role and acts accountable towards the role. Other than these, there must be heterogeneity in skills, but which must be conceited towards a unified goal. Lastly, there must be shared leadership and clear communication systems to ensure smooth...

making, supported to become innovative and motivated in all undertakings that concern the organization (Hersey, Blanchard & Johnson, 2013). Unlike Theory X which is more of dictatorial, Theory Y is lenient and fosters democratic management style. It is clear that this theory prevails in the current organizational environment. Application of Theories in the Workplace At the workplace Theory, X is majorly used in organizations with autocratic leadership style. These are organizations where the management solely dictates all the operation of the business. In this situation, the personnel does not have a say in decision making (Hersey, Blanchard & Johnson, 2013). They are required to strictly...