Format Painter EXERXISES 1-23 Five-step decision-making process, manufacturing.

Question

Format Painter EXERXISES 1-23 Five-step decision-making process, manufacturing. Tadeski Foods makes frozen dinners that it sells through grocery stores. Typical products include turkey, pot roast, fried chicken, and meatioaf. The managers at Tadeski have recently proposed a line of frozen chicken pies. They take the following actions te help decide whether to launch the line a. Tadesk s test kitchen prepares a number of possible recipes for a consumer focus group b. Sales managers estimate they will sell more chicken pies in their northern sales territory than in their southerm sales territory c. Managers discuss the possibility of introducing a new chicken pie. d. Managers compare actual costs of making chicken pies with their budgeted costs. e. Costs for making chicken pies are budgeted f. The company decides to introduce a new chicken pie g. To help decide whether to introduce a new chicken pie, the company researches the costs of potential Classify each of the actions (a-g) as a step in the five-step decision-making process (identify the problem and uncertainties; obtain information; make predictions about the future; make decisions by choosing in the order they are performed ameng alternatives; implement the decision, evaluate performance, and leam). The actions are not listed UNITED

Explanation / Answer

a. Obtain information- which helps the manager to decide on the launch of the chicken pies.

b. Make predictions about the future- the statement involves estimates on sales.

c. Identify the problem and the uncertainties- managers discuss on the possibilities that occur.

d. Implement the decision, evaluate the performance and learn- Managers now measure actual budget vs estimated budget.

e. Make predictions about the future- Cost is budgeted for future.

f. Make decisions by choosing among alternatives- the company decides to launch the chicken pie after considering various alternatives.

g. Obtain information- the company researches the cost of potential ingredients to decide on the launch of the chicken pie.

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