Analyze and evaluate alternatives

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Analyze and evaluate alternatives

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Analyze and evaluate alternatives.
a. Once the problems and issues are isolated, work at gaining a better understanding of causes. In what area do the problems exist? Why? What caused them? Examine and evaluate the strengths and weaknesses of the processes (e.g., planning, communication), human behaviors, and/or exhibits (e.g., financial statementssales reports, etc). Check the effectiveness of managerial competencies. Are the objectives and strategies compatible with its skills and resources?

b. Formulate a solid evaluation of the case.

Examine various alternatives. Weigh the pros and cons of each. Are they feasible? Decide on the most valid.

Make recommendations.

Draw up your set of recommendations on what must be done, and prepare an agenda of corrective actions. What recommendations would you make to the manager? What specific functions and activities must be performed in order to solve the problems? Are the recommendations workable? Affordable? A good rule of thumb to follow is to avoid recommending anything you would not do yourself if you were in management`s shoes. Give reasons for your recommendations.

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