Essays on Sound Decision

Financial Planning, Management and Decision Making On Project and Corporate Levels

Every sound decision-making process within an organization requires detailed information to eliminate any elements that might result in losses. At the very heart of a company’s success is its strategic planning and finances. Management teams depend on the financial muscle of an organization to thrive, but the strategic plan is more essential in creating a clear roadmap for operationalization of the goals of an organization. The strategic planning element is an essential aspect of decision-making owing to the fact that it depends on analytical models to create a realistic view of a firm (Blank, 2013). The financial plan ...

The article that I choose for this paper is “Choosing the Path to Bargaining Power: an Empirical Comparison of BATNAs and Contributions in Negotiation” . Negotiation is a superior way of reducing the issues between organizations and reaching the final settlement. BATNA is the best approach to minimize dispute and take a sound decision and create the corporate culture within organizations. It is discussed in the article that the best alternative to a negotiated agreement is BATNA that plays an important role in negotiations and settlements, and it helps managers become effective negotiators while taking a decision. The negotiators who ...

Information Technology Infrastructure

Information Technology Infrastructure

Introduction

Information technology infrastructure is a combination of network, hardware, software, facilities and other services that are required to manage, control, and deliver the operations of information technology. It is comprised of computer systems, networks, software applications, data storage, servers, and other components. It helps to manage the internal business operations of any organization. Information technology infrastructure consists of different hardware like computers, printers, routers, hubs, scanners, data centers, and others. The management of different software’s like enterprise resources planning (ERP), Oracle, customer’s relationship management (CRM), and others is involved in it. It is divided ...

Introduction

Alzheimer’s disease is a neurodegenerative disorder that manifests with irreversible and progressive loss of memory. The disease causes memory destruction and cognitive dysfunction, and finally the ability to perform simple tasks is affected. Recently the disorder is ranked as among the leading cause of deaths in the United States after heart diseases and cancers thus making it the third leading causes of death especially in geriatrics. Alzheimer is the main cause of dementia among the old people. Dementia simply means loss of cognitive functions which involves thinking, remembering as well as reasoning, and change in behavioral abilities to ...

The best way to be able to make the right decisions in life is to know the true values and goals that will lead to one’s career path (Linder 1). Making wrong decisions in life are consequences of poor judgment. In fact, even leaders make bad decisions occasionally for their failure to use the sound decision-making methodology. However, there are cases when gut instincts will help us make the best decisions in life. People who make the wrong decisions in life are brought about by oversight, impulsiveness, misunderstanding, manipulation, or other negative influences that can affect the sound ...

Decision Making

The article Improving Nonprofit Decision Making amid Economic Crisis highlights the plight of Youth Horizon Inc., a non-profit making organization faced with a persistent cash flow crisis. The organization has suffered a continuous decline in financing for the last eighteen month in a row. Its core business is identifying and enrolling dropout students back to high schools that offer alternative learning programs and have low student-teacher ratios. It has been receiving favorable press coverage and registering successful results from enrolled students. Despite posting impressive results, Youth Horizon has been experiencing cash flow problems that threaten its going concern status due to poor financial ...