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D081 v.2 & v.3 Task 1 Innovative and Strategic Thinking 2024 Western Governors University $11.49   Add to cart

Exam (elaborations)

D081 v.2 & v.3 Task 1 Innovative and Strategic Thinking 2024 Western Governors University

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  • Course
  • D081 QBM3
  • Institution
  • D081 QBM3

D081 v.2 & v.3 Task 1 Innovative and Strategic Thinking 2024 Western Governors University

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  • August 5, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • D081 QBM3
  • D081 QBM3
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D081 v.2 & v.3 Task 1 Innovative and Strategic
Thinking 2024 Western Governors University

, lOMoARcPSD|6353920




Task 1: Innovative and Strategic Thinking



A1. Discuss how “all” of the following aspects from the scenario affect the company’s
decision-making process (Unit 3: Module 2; Unit 4: Module 4). How do all of these aspects
affect the “process” of making decisions. We recommend referring to the decision-making
video on Page 15 to help with this section.

1. How does the company culture impact the decision-making process at this US Fishing
Boat Manufacturer?

The company culture at the US Fishing Boat Manufacturer is considered equal in which the
founders and employees are considered equal. This makes the decision making process a
joint effort in which employees and founders both work together to establish all decision
making process as a whole and not entirely from the founders.

2. How does the organizational structure impact the decision-making process at this
US Fishing Boat Manufacturer?

Organizational structure impacts the decision-making process since the company structure is
decentralized, all employees can access the founders at any time for anything relative to the
company. This would eliminate wasted time and instead of going through multiple
departments or wait for a response, the employees can go directly to their source and vise
versa and have a more positive and timely decision-making process.

3. How do the mission and vision statements (the strategic direction) impact the
decision- making process at this US Fishing Boat Manufacturer?

The mission and vision statement impacts the decision making process by first: clarifying
and defining their mission. It also allows the employees to become more strategic and
innovate to provide the customer-driven design and growth in the industry. It allows them to
establish realistic goals and create solutions.
The vision statement is primarily the ideals from the founders which also impacts the
employees with incentive and rewards to create a better decision making process.

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