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Quantitative Management and Decision Making Skills

   

Added on  2022-09-09

8 Pages1437 Words18 Views
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Running head: MANAGEMENT
Quantitative Management skills and decision making
Name of the student
Name of the university
Author Note:
Quantitative Management and Decision Making Skills_1

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MANAGEMENT
Table of Contents
MEMO.......................................................................................................................................3
Introduction................................................................................................................................4
External Analysis.......................................................................................................................4
Internal Analysis........................................................................................................................5
Key Success Factors...................................................................................................................6
Feasible Alternatives..................................................................................................................6
Implementation..........................................................................................................................6
Control and Feedback................................................................................................................7
Contingency Plans......................................................................................................................7
Bibliography...............................................................................................................................8
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MANAGEMENT
MEMO
To: Regional Office, Thunderbird Manufacturing Company
From: Bonnie Muio, Production Manager
Date: 2nd April, 2020
Subject: Selection of new strategy to ensure success for new game ‘The Business Game’
Recommendations
Short Term
It is important for the management of Thunderbird to keep their option open for other
suppliers. The options can be kept open for ensuring the best quality and smooth and
scheduled delivery of the different products.
Medium term
The increase in the financial scope can also be a major success factor for the
organization as the marketing and promotional campaigns for the organization can also be
done easily.
Control and Feedback
The manager must undertake plans that can support small production as currently the
space availability is below the normal demand which can cause problem in the future.
Contingency
The contingency plans of the organization needs to be in proper shape to cope up with
any extra demand.
Quantitative Management and Decision Making Skills_3

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