Word of your management expertise is starting to spread, and recently the CEO of VoxSigns, a company that develops and maintains electronic billboards similar to this one in Times Square, reached out to you for advice. Lynn, the CEO, is trying to determine whether she should lay off 20% of her employees due to declining revenues. Lynn wants to know if you can help her make the right decision.

First, you help Lynn get an overview of the decision-making process by outlining what steps effective decision makers use to arrive at a solution to problems.

Identify the order in which the steps are usually taken.

Decision-Making Step Order
Generate alternative courses of action 4
Define the problem 1
Identify the decision criteria 2
Evaluate each alternative 5
Weight the decision criteria 3
Compute the optimal decision 6
Next, you and Lynn discuss some of the problems that can occur in the various phases in the decision-making process. For example, when defining the problem, Lynn should be careful:

To generate new ideas, instead of considering only tried and true solutions

To fully understand the gap between current and ideal states

Not to use satisficing, rather than maximizing, as a decision-making approach

Kayla and jada are roommates in new york city. both kayla and jada recently received pay raises. kayla now buys more movie tickets than before, but jada buys fewer. kayla behaves as if movie tickets are goods and jada's income elasticity of demand for movie tickets is

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million