Report On Decision-making Tools

Added on -2020-02-23

| 12 pages| 2243 words| 77 views

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Running head: DECISION MAKING TOOLSDECISION MAKING TOOLSName of the studentName of the universityAuthor note
1DECISION MAKING TOOLSExecutive summaryThe aim of the report is to provide an understanding of the decision-making tools whilesetting up a new business organization. The report includes the aim and nature of the tourismindustry of travel agent business. To open up an online facility for the newly set up businessit draws out various decision that is required while applying for the new business. Itconcludes by giving the effective measures and calculations in order to understand the topicwith more clarity and accurately.
2DECISION MAKING TOOLS Table of ContentsINTRODUCTION......................................................................................................................3Impact of Online business service-............................................................................................4Discussion..................................................................................................................................4Impact of technology and online service...................................................................................4Problem solving skills................................................................................................................5Data collection-..........................................................................................................................6Applying decision theory to business situations-.......................................................................6Conclusion..................................................................................................................................9References................................................................................................................................10
3DECISION MAKING TOOLSINTRODUCTION The following paper deals with the business setup with respect to travel agent, an online shopin baby boomers. Baby boomers hold important characteristics like good work ethics, theyare independent and competitive nature, goal oriented, determined and focus on their work,discipline. The report provides the decision making process and the stages of taking gooddecisions in the organization. It also includes various problems and ways of solving them.The main aim of this business is to target customer for baby boomers with the help of onlineservices and good technology.

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