What role do critical analysis and evidence-based decision-making principles play in program planning
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What role do critical analysis and evidence-based decision-making principles play in program planning
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- How can decision theory be used to evaluate different courses of action?Explain the rational decision making process, the role of Evidence-Based Management and how decision making is affected by bounded rationality?In this case study, we explore the meticulous planning and execution of a charity fundraising gala to support a local nonprofit organization. The gala aimed to raise funds for underprivileged children's education and healthcare. The organizing team faced the task of coordinating a luxurious evening event, complete with entertainment, fine dining, and silent auctions, all while staying within a limited budget. They also had to secure sponsorships, promote the event effectively, and ensure that all proceeds went directly to the cause. The study examines how the team managed to achieve their goals by leveraging volunteer support, creative cost-saving measures, and building partnerships with local businesses. Question: How did the organizing team balance the desire for an upscale gala with the need to maximize funds for the charity, and what strategies can be adapted for similar fundraising events with limited resources?
- How is tying rewards to improved sustainability performance a form of strategic control?Give an example of a nonprogrammed decision.How can organizations use scenario planning to prepare for potential future events and challenges? What are some best practices for conducting scenario planning exercises?