Formal Research

Introduction The term judgment refers to the cognitive aspect of the decision-making puzzle out (Bazerman and Moore 2009). any decision making process produces a last-place choice. My chassis is Fuad Yusifov. I and my partner own a angle storehouse aqua 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 hassle Recently we face a problem regarding our strain. 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 musical composition 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 desire this: 1. Stability in the market 0.5 2. Increase of network 0.25 3. training of business 0.25 utility(a)s Rely ing 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 range a franchise of our business and get investment from external resource We rated each of the alternatives on a scale 1 to cardinal where 5 is our expedient choice and 1 is our not advantageous choice.

CriteriaStability in the market| weightiness| Rating| burden 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| weighted stool| Alternative 1| 0.25| 1| 0.25| Alternative 2| 0.25| 3| 0.75| Alternative 3| 0.25| 4| 1| CriteriaDeve! lopment 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 spick all calculation you can see...If you want to get a full essay, order it on our website: OrderEssay.net

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