Case Study Report: Business Decision Analysis - [University Name]
VerifiedAdded on 2023/01/23
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Case Study
AI Summary
This case study analyzes business decision-making processes, particularly in the context of employee redundancy. The report examines a scenario where 26 employees were considered for redundancy. It employs several management tools, including SWOT analysis to assess internal and external factors, and a Decision Support System to aid in informed decision-making. Cost-benefit analysis is utilized to evaluate employee contributions, and Pareto's model is applied to identify key factors influencing redundancy decisions. The study identifies reasons for redundancy, such as aging workforce, poor communication skills, low performance, and negative social media presence. Ultimately, the analysis leads to the decision to dismiss 26 employees, highlighting the importance of strategic decision-making in maintaining organizational efficiency and cost-effectiveness. The study emphasizes the need for companies to maximize output with minimal input.
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