11: management decision-making and control
This discussion will focus on management decision-making and control in two companies, American corporation Amazon.com, Inc. and Chinese company Alibaba Group Holding Limited.Decision-making and control are two vital, and often interlinked, functions of international management. Strategic evaluation and control are the processes of determining the effectiveness of a given strategy in achieving the organizational objectives and taking corrective actions whenever required. Control can be exercised through formulation of contingency strategies and a crisis management team.For your discussion, use the Decision-Making Process (stages 1-9) outlined in the textbook (Fig 11-1) and this Module’s content. Visit the corporate websites of two companies, Amazon and Alibaba, and examine what these firms are doing relating to the strategic evaluation and control process definition in the process above.For example:
- Stage 1: What is one problem perception for each company?
- Stage 2: What is the problem identification for each company?
- Repeat for stages 3-9.
What overall assumptions can you make using this decision-making process? Embed course material concepts, principles, and theories, which require supporting citations along with two scholarly peer-reviewed references supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early and check back often to continue the discussion. Be sure to respond to your peers’ posts as well.You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructor’s response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post’s answer. Normal course dialogue does not fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
Required:
Chapters 10 & 11 in International Management: Culture, Strategy, and Behavior
Chapter 11 PowerPoint slides Module 11 PowerPoint slides.pptx – Alternative Formats in International Management: Culture, Strategy, and Behavior
Khan, S., Kusi-Sarpong, S., Arhin, F., & Kusi-Sarpong, H. (2018). Supplier sustainability performance evaluation and selection: A framework and methodology. Journal of Cleaner Production, 205, 964-979.
Sageder, M., & Feldbauer-Durstmüller, B. (2018). Management control in multinational companies: A systematic literature review. Review of Managerial Science, 1-44.