MGM102H5 Chapter Notes - Chapter 1: Relate, Well-Order, University Of Toronto Mississauga

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Mgm102h5s - management in changing environment (winter 2017) Chapter 1: introduction note on the case method. Written description of a situation actually faced by a manager. Commonly involve decision making and problem solving of an issue. Objective is to leave you to make a decision of a case that is actually confronted. Analyze the situation; generate and evaluate alternative courses of action. Recommend and implement a plan of action. The decision makers encounter a number of common frustrations: Shortage of good information on which to base decisions. Shortage of time in which to make decisions. Uncertainty about how plans will work out. Lack of opportunity to reduce this uncertainty at a reasonable cost. Not a single approach, but rather several variations. Cases can be used in several ways. Small group discussion in preparation for a class discussion. Written report or in-class presentation of a case. Written examination of your ability to handle a case.

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