Management decision situations are used to examine the tools and techniques available to support decision making. Quality and forecasting are the primary emphases of these decision situations. Computer spreadsheets are used extensively as the basis for quantitative decision making. Topics include decision analysis, decision trees, expected value of information, quality forecasting, and statistical analysis. Concepts and methods unique to strategy formulation and implementation are introduced, drawing on the functional knowledge students have acquired in other courses.
Case analysis forms the backbone of the course and is supplemented by lectures and readings.
Learn to use quantitative techniques to solve economic problems faced by managers, such as pricing, production, staffing size, and investing. Topics include demand analysis, costs of the firm, labor market issues, industrial organization, and industry evolution. Topics include cost management systems, cost allocation models, cost behavior and the measurement of managerial performance, and the measurement and control of divisional performance. Major topics include leadership, individual motivation and behavior, job design and teamwork, employee influence systems, and the management of human resources. This course includes briefings on such topics as global finance, economics, marketing, management strategy, comparative political and economic systems, and regional trends as they relate to business issues.