Module 4: UNIT 3: Plans, Decisions, & Strategizing

Welcome to Module 4

When you learned to cross the street, you were taught to look both directions before stepping off the curb. When you learned to drive, you were taught to be aware of your surroundings, including road conditions, other cars, pedestrians, street signs, stop lights, and the rare event of a ball bouncing into the street. When entering the business world, your awareness has to expand even further. So many things can affect business success that it’s hard to keep an eye on everything. Learning to scan for pitfalls and opportunities is a skill that can mean the difference between success and failure, if it is paired with the foresight and the courage to act to avoid the possible blunders and grab available opportunities before they vanish.

Module Learning Outcomes

Upon successful completion of this module, you will be able to:

1.    Describe the association of theoretical schools of management thought on decision-making. (CLO 1)
2.    Describe how a manager’s work regarding planning is impacted by major environmental forces. (CLO 2)
3.    Explain the nature of planning and decision-making and the manner it is influenced by functions of management and how they work independently and collaboratively. (CLO 3)

(CLO = Course Learning Outcome)

To Do

Please read/watch all of the module learning materials (readings, presentations, videos, etc.) and complete all assignments/assessments listed below. If you have questions, please contact the course instructor or ask in the Questions About This Course forum.

Readings and Presentations:

  • Textbook Reading: Williams (2022) Chapter 5: Planning and Decision-Making (MLO 1-3)

  • Textbook Reading: Williams (2022) Chapter 6: Organizational Strategy (MLO 1-2)

  • PowerPoint Presentation: MGT 201 OT 1 - Spring 2024 - Unit 3 Plans, Decisions, & Strategizi (MLO 1-2)

Videos:

Assignments/Assessments:

  • Submit: Discussion #3; on Canvas  (MLO 1-3)

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