Formal Research

Introduction The term judgment refers to the cognitive aspect of the decision-making cognitive operation (Bazerman and Moore 2009). any decision making process produces a closing choice. My chassis is Fuad Yusifov. I and my partner own a lean storehouse aquamarine salon Oceania. Aqua salon Oceania functions as a wholesaler and retail seller. We sell aquariums, tropical fishes, decorations of the aquariums and accessories of the aquariums. The line Recently we face a problem regarding our course. Our competitor Aqua Nemo started reducing prices which unexpended us without choice, and we started to lose our clients. The Criteria The criteria we faced while deciding how to turn back up with our competitor were: stability in the mart, increase of improvement and development of business. We weighted these factors like this: 1. Stability in the market 0.5 2. Increase of pull in 0.25 3. outgrowth of business 0.25 utility(a)s Relying on these factors we came with 3 alternatives. 1. An offer to buy our business out for cheaper price 2. Sign a contract with a fish farm and for 250000$ a year 3. take go a franchise of our business and get investment from outside(a) resource We rated each of the alternatives on a scale 1 to cardinal where 5 is our expedient choice and 1 is our non advantageous choice. CriteriaStability in the market| weightiness| Rating| charge stigmatize| Alternative 1| 0.5| 2| 1| Alternative 2| 0.5| 3| 1.5| Alternative 3| 0.5| 5| 2.5| CriteriaIncrease of profit| Weight| Rating| burden stool| Alternative 1| 0.25| 1| 0.25| Alternative 2| 0.25| 3| 0.75| Alternative 3| 0.25| 4| 1| CriteriaDevelopment of business| Weight| Rating| Weighted score| Alternative 1| 0.25| 2| 0.5| Alternative 2| 0.25| 3| 0.75| Alternative 3| 0.25| 4| 1| Criteria boilers suit Alternative 11.75 Alternative 23.0 Alternative 34.5 Optimal decision When we innoxio us all calculation you can see...If you want! to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper