Formal Research

Introduction The term judgment refers to the cognitive aspect of the decision-making march (Bazerman and Moore 2009). any decision making process produces a final exam choice. My chassis is Fuad Yusifov. I and my partner own a seek 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 business sector. 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 go deciding how to turn back up with our competitor were: perceptual constancy in the mart, increase of improvement and development of business. We weighted these factors homogeneous this: 1. Stability in the market 0.5 2. Increase of net profit 0.25 3. using of business 0.25 alternates 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 repel a franchise of our business and get investment from impertinent 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| weight down 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| 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 faultless all calculation you can see...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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