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Management Question

please see attachment and read the instruction cuarfuly
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
· Students must mention question number clearly in their answer.

Requirements: as per attachment
College of Administrative and Financial Sciences
Assignment 3
Decision Making and Problem Solving (MGT 312)
Due Date: End of week 13, 02/12/2023 @ 23:59
For Instructor’s Use only
General Instructions – PLEASE READ THEM CAREFULLY
This assignment is a group assignment. Each group will consist of 4-5 Students only.
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
STUDENTS ARE REQUIRED TO FOLLOW THE INSTRUCTIONS STRICTLY
Learning Outcomes:
Describe decision making process for complex issues pertaining to business environment both internally and externally. (C.L.O :1.1)
Demonstrate decision tools and employ appropriate analytical business models to break down complex issues. (C.L.O :2.2)
Demonstrate effective leadership skills and teamwork capacity for efficient decision making with the problem owners and other stakeholders as either a team member or a team leader. (C.L.O :3.1)
Assignment Instructions for Part-I:
Log in to Saudi Digital Library (SDL) via University’s website
On first page of SDL, choose “English Databases”
From the list find and click on EBSCO database.
In the search bar of EBSCO find the following article:
Title: “Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?”
Author: by Jill Avery and Marco Bertini
Date of Publication: March 1, 2023
Published: Harvard Business Review
Assignment Question(s): (Marks 10)
Read the case study titled as “Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?” by Jill Avery and Marco Bertini published in Harvard Business Review, and answer the following Questions:
Identify the main problem and subproblems of the case? [Mark 1]
Write all the information present in the case that would be helpful for decision. What other information should you gather, that would be helpful to know before making decision? [Mark 1]
Brainstorm with your team and generate all the ideas that your team suggests. The team cull the ideas and selected some relevant alternative choices for decision. [Mark 2]
Weighing the alternatives [Marks 2]
When weighing the various alternatives, how well each alternative fulfils the variables to consider can be expressed as scores. A different rating scale will be used to assess each alternative:
Note: Positive numbers (+2 or +1) indicate that the alternative is able to fulfil the variables, whereas negative numbers (-2 or -1) denote the opposite.
Draw a decision tree based for decision making, [2 Marks]
As CEO of the Dollar store, what will be your decision to keep up with inflation and why? [Mark 1]
Write the conclusion and overall assessment. [Marks 1]
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