Decision Making Coursework Example | Topics and Well Written Essays - 250 words

Decision Making - Coursework Example The verdict bears positives for the individuals in the institution as well as the organization. However, the prioritization of profit with disregard of the customer well-being leads the firm into crisis. Specifically, it amounts to the organization breaching the laws governing ethical practices and thus may face legal action (Fitzgerald, 2002). For this reason, the company needs to make haste and strategic decisions with high-risk consequences. Nonetheless, the company may compensate the victims to avoid legal battles. More so, individuals in the company should look into ways that improve the product. Therefore, it is important that the leader change the decision-making approach that gives the managers the autogamy of making decisions in the enterprise. Considering Werbach’s criticism of Wal-Mart, it is unexpected that he would join the company. However, he realizes that he can influence change while working from within the system. Although the public view this as a bad decision, Werbach can change the employees’ lifestyle as they start embracing sustainable practices. Therefore, it is a successful decision considering the positive outcome. A successful decision is measured by how well it shapes the growth of the business. In addition, the benefit-cost ratio is applicable as an indicator of assessing the effectiveness of a decision of the company (Fitzgerald,