Business administration - Program Capstone

This memorandum serves to address the issues about decision making at senior manager level. To begin with, almost every decision involves conflicts and dissatisfaction. Challenge for the manager is to pick an alternative which provides positive outcomes that outweighs any possible losses. In order to assess whether a manger is making a good decision, firstly it must be understandable to everyone involved, in a way that the possible consequences and trade-offs are understood and effectively communicated. Moreover, a manager must specify objectives and prioritize interests, values, concerns and aspirations. Also a manager, who is aware of both short-term and long-term implications of a decision and have a 360 degree approach, makes better decisions (George, 2000). In order to achieve