Sub-Problems in Decision Making of Business Management Literature review

Sub-Problems in Decision Making of Business Management - Literature review Example Researchers emphasize on the fact that decision making is simply a rational process or ideology that takes place within any organization. Many studies however, fail to emphasize on the fact that taking a decision involves various stages where formulating a particular decision can take time and effort, and can have multiple variables involved as well. Theorists have developed mathematical models based on averages and probabilities through which alternatives can be evaluated before taking a final decision. These models have been utilized in several industries and in various areas in order to evaluate various alternatives at hand in order to make a decision. In this context, it must be noted that even though these models allow for rational decision making in a scenario where all other variables are constant, environment plays a critical role in how businesses take their decisions. For instance, organizations where dynamism is lacking and munificence is low, it may be noted that decision s may not be as rational as dictated by the mathematical models. ... In this context, this research will particularly emphasize on some problems that are related to decision making within organizations, and evaluate why organizations face these particular problems at hand. In addition to that, the research will aim to identify various ways through which organizations can improve their decision making ability based on the answers ascertained through this research for the hypotheses formulated below. Sub-Problems in Decision Making of Business Management 1. The time and place to use programmed or non-programmed decision making is always a problem in business management. 2. Lack of dynamism affects the decision making and becomes a major problem in business management. 3. Lack of munificence negatively affects the ability of the managers to take risk. Thus affects the decision making in business management. Hypothesis Based on the fact that each organization requires a certain level of decision making at each layer within the hierarchy, following problem s have been identified in general, pertaining to decision making: 1. Mathematical models for decision making are only useful when undertaking rational decision making. 2. Decision making will not be rational if dynamism within an organization is not present. 3. Risk taking within organizations is reduced when munificence is not present within organizations. This leads to lack of rational decision making at each step within the organization. These hypotheses will be tested within the research, after conducting a detailed primary and secondary research, including review of literature and conducting quantitative research as well. Literature Review Decision

Motivation and Retention of Adult Online Sophomore Students Research Proposal - 1

Motivation and Retention of Adult Online Sophomore Students - Research Proposal Example The purpose of the study is to find out â€Å"Why the level of adult online dropout is increasing and how to motivate and retain the adult online sophomore students?† Various issues that may lead to an online dropout may vary from issue of isolation, disconnectedness to technological problems. According to an online survey conducted to understand the various reasons of online dropouts of sophomore students, reasons are varied and unique to each individual dropout. Although there are very less literature work as well as national statistics on online adult sophomore dropouts, a recent report published in â€Å"Chronicle of Higher Education† indicates that â€Å"Institutions report dropout rates ranging from 20 to 50 percent for online learners and administrators of online courses agree that dropout rates are often 10 to 20 percentage points higher in online offerings than in their face-to-face counterparts† (Frankola, n.d.). The Institute for Higher Education Policy (IHEP), in a research report conducted in the 1999, on the effectiveness of online learning, found that there are higher rate of sophomore dropouts in online learning than the traditional institutions. There are two theories which may provide an outline on dropout of online adult sophomore students. Tinto’s Student Integration Model and Bean’s Model of Student Departure are the two theories. The â€Å"Tinto’s Student Integration Model theory theorizes how well the individual’s motivation and academic ability match the institution’s academic and social characteristics. This match shapes a person’s commitment to completing college and commitment to the institution. The second theory, Bean’s Model of Student Departure, predicts persistence based on behavioral intention† (Willging & Johnson, 2004, p. 104). According to the US Census Bureau (2000), â€Å"one in every three Americans is a sophomore dropout†. It is becoming a