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Operations Management and Decision-Making

   

Added on  2022-08-27

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Running head: OPERATIONS MANAGEMENT AND DECISION-MAKING PROCESS
Operations Management and Decision-Making Models
Name of the Student:
Name of University:
Author Note

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OPERATIONS MANAGEMENT AND DECISION-MAKING PROCESS
What do you believe are some of the key risks associated with delaying decisions
until sometime in future?
Direct Answer to the question:
Directions which are to be taken and are delayed as much as possible till the very last
moment, is the act of procrastination. This is inspired by laziness n most of the times. There are
thoughts which do not allow someone to take action on in important decision which involves risk
and uncertainties (Bouyssou, Dubois, Prade and Pirlot 2013). These are something which makes
a person apprehensive about the outcomes and thus the decisions get delayed.
One of the very essential parts of management or achievement of goals and objectives, is
decision making process. In modern day management, decision making plays a very important
role to lead to the decision which determines further course of action and consequences
(Zsambok and Klein 2014). These consequences are often feared because the decisions taken
may give rise to negative consequences, which is, sometimes, the primary reasons behind
procrastination apart from laziness and withdrawal to arrive at a decision.
A decision might be a something that is chosen out of several alternatives provided. The
decision plays a very crucial role as it determines actualization of objectives through the
decision. Thus, it is a purposeful action which is required for progress and advancement through
something (Pettigrew 2014). Therefore, it is very important to choose the most appropriate
alternative out of the choices which are available at the disposal. If it involves organizational
activities. The decision is a very important aspect, which should be paid great attention to.
Delaying the act of arriving at a decision which involve risks may increase chances of
taking the wrong decision as one may tend to overlook the crucial factors which are to be paid

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OPERATIONS MANAGEMENT AND DECISION-MAKING PROCESS
close attention to while making the decision. This helps to overcome the uncertainties and risks
which are associated with the same (Ruff et al. 2013). Uncertainties and risks are associated
with future outcomes which are sometimes identified and sometimes not. Decisions are to be
taken after dedicating thought and understanding of the possible outcomes and results (Zsambok
and Klein 2014). Whereas, not doing so, may lead to uninvited troubles. A person’s life is based
on the decisions which are made, professional as well as personal. And thus, the best time to take
the crucial decision is after achieving required knowledge about the same.
It needs to be understood that uncertainty and risks, both are nit the same thing. Risks
involves losses while uncertainties are the outcomes which are not entirely known. Risks should
be paid greater attention to, than the uncertainties which are involved in the process.
Responses to postings of other students:
1. Risks associated with Delayed Decisions by Ben Thomas
The posting written by Ben Thomas presents an idea about how important taking
decisions are as they determine more than what is often understood. He has stated that
simple decisions which are made such as when to eat and sleep, are trivial but contribute
to determine characteristics and responses of people. Simple decisions are easier to take
as they involve less introspection and consideration of the outcomes (Ruff 2014). And
thus, the decisions are taken with much ease and are forgotten. Pointing out this point is
important to highlight how difficult or easy is the process of taking a decision, which has
been done with simplicity.
However, this has been contrasted with decisions which are often difficult to take
and thus take more time and thought before concluding with the option which is chosen
during the process. The decisions may range from being related to personal or

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