How can an infographic be created based on a paper?

  

Can someone help me create a business making infographic based on my paper.Create a “Decision-making Process” infographic in an appropriate format for the organization based on the action plan. This can be done using Microsoft PowerPoint, Microsoft Publisher, Word, or sites such as Glogster and PiktoChart.Identifythe stages of the decision making process as it relates to your decision.
Running head: DECISION MAKING PROCESS
1
Decision Making Process
Decision making involves making a choice by setting a goal, gathering relevant information, and
assessing any alternative options. Recently, the management of my organization decided to
recruit more technical people to oversee business operations within the company. This was
necessitated by the rapid growth of the company into the dynamic global market. Previously, the
management of the family owned company was executed by the directors of the family majority
of whom have no technical expertise in business operations. I was contracted to assist the
management in the process of making the most suitable decision that would facilitate the smooth
expansion of the company into the global market arena.
I applied the decision making process by initially analyzing the situation of the company
in regards to its performance on the local market. This entailed an in depth evaluation of the
prevailing business processes within the company. In addition, the analysis went ahead to
involve the available resources at the companys disposal, the strengths and weaknesses within
the companys operations, and the available opportunities that the company would take
advantage of based on its competitive advantage. Secondly, options were developed based on the
analysis of the companys performances to provide different pathways that would be pursued
within the capacity of the company.
Following the previous step, the process evaluated the available alternative options to the
companys decision to explore global market opportunities. A cost benefit analysis was
conducted to assess the benefits for expanding within the local markets as opposed to the foreign
markets. Based on the outcome of the decision making process, it was established that the
company was not in optimal condition to venture into the global market despite its better
DECISION MAKING PROCESS
2
performance in the local markets. The evaluation recommended that the company instead
executes an expansion plan in the local market which had better opportunities and lesser risks
than the global market.
DECISION MAKING PROCESS
3
References
Darley, W. K., Blankson, C., & Luethge, D. J. (2010). Toward an integrated framework for
online consumer behavior and decision making process: A review. Psychology &
Marketing, 27(2), 94116.
Ho, W., Xu, X., & Dey, P. K. (2010). Multi-criteria decision making approaches for supplier
evaluation and selection: A literature review. European Journal of Operational Research,
202(1), 1624.

Introduction:
Making a decision in any organization involves a thoughtful process that incorporates evaluation and consideration of alternative options. This process is usually complex, especially when the decision affects the future of the company. A comprehensive analysis is necessary to provide an appropriate evaluation of the situation at hand. In this case, the decision in question was on whether to expand into the global market or concentrate on the company’s existing performance within the local market.

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Description:
In this article, we explore the decision-making process used to assist a company in determining its expansion strategy. The decision under evaluation was whether to venture into the global market or continue dominating the local market. The decision-making process involved several stages that included an in-depth evaluation of the company’s current performance, an analysis of the available resources, a consideration of the company’s strengths and weaknesses, identification of suitable options, and a cost-benefit analysis of the identified options. Based on the outcome, it was recommended that the company concentrate on executing an expansion plan within the local market to minimize the risks involved. The decision-making process is critical in ensuring that the decision made is in line with the company’s objectives and goals.

Objectives:
– To understand the process of decision-making in a business organization
– To identify the stages of the decision-making process
– To learn how to evaluate alternative options and make a suitable decision

Learning Outcomes:
– Learners will be able to explain the process of decision-making in a business organization
– Learners will be able to identify the stages involved in making a decision
– Learners will be able to conduct a cost-benefit analysis to evaluate alternative options and make a suitable decision
– Learners will be able to develop an action plan based on their decision

Decision-Making Process Infographic:
The infographic will include the following headings and content:
1. Introduction: Brief explanation of the decision-making process in a business organization
2. Stage 1: Goal setting and gathering relevant information
3. Stage 2: Analyzing the situation and evaluating existing resources, strengths, weaknesses and opportunities
4. Stage 3: Developing alternative options based on the analysis
5. Stage 4: Evaluating the alternative options using a cost-benefit analysis
6. Stage 5: Making a decision
7. Action Plan: Developing an action plan based on the decision made
8. Conclusion: Brief summary of the decision-making process in a business organization
9. References: List of relevant sources used in the research and development of the infographic.

The infographic can be created using any suitable software, including Microsoft PowerPoint, Microsoft Publisher, Word, or sites such as Glogster and PiktoChart. The design should be visually appealing, easy to read, and should include relevant graphics and images.

Suggested Resources/Books:
1. Decisive: How to Make Better Choices in Life and Work by Chip Heath and Dan Heath
2. Thinking, Fast and Slow by Daniel Kahneman
3. Critical Thinking: Tools for Taking Charge of Your Learning and Your Life by Richard Paul and Linda Elder
4. The Art of Thinking Clearly by Rolf Dobelli
5. The Decision Book: Fifty Models for Strategic Thinking by Mikael Krogerus and Roman Tschäppeler

Similar Asked Questions:
1. What is the importance of decision-making in business organizations?
2. Can decision-making processes be improved with the use of technology?
3. How can one effectively evaluate alternatives in a decision-making process?
4. What are the common decision-making biases and how can they be overcome?
5. How can decision-making processes be streamlined to enhance efficiency in a business setting?

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