Business Practice Argumentative Essay

Document Type:Essay

Subject Area:Philosophy

Document 1

The decisions will also determine if the company will expand globally and also improve its management. (2, premise) People are bound to make decisions on a daily basis, may it be personally or professionally. (2, conclusion) The decisions in the business will be the determinant of the long term strategic decision for a company. For example, the manager might make the decision of either increasing or decreasing the number of the workforce. This decision can either have a negative or a positive effect on the business. Decision-making according to finance is the process that will involve the choosing between either two or more actions. The process of decision making will involve different aspects of the company which includes the involvement of the executive and the carrying out of the market research.

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(3, premise) Therefore, the most important thing to note about the process of proper decision-making is that it will involve the assignment of responsibilities for the roles that are very crucial in the organization. This will also include the making of recommendations on the actions that will improve the operations of the business. (3, conclusion) The purpose of the recommendations is to ensure that the business is in a position of gathering information that is relevant and can also be used in the improvement of the performance as well as make the business compete effectively in the market. The CEO’s move took into account critical thinking and the tools for proper decision making. He ensured that he had chosen the best choices as well as analyzed what the potential of the business would be before venturing into that decision.

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It was a means that was defined by the company on how they would be achieving their profits. (4, premise) In a business environment or a company, there is neither good nor bad decisions according to my understanding. (4, conclusion) The decision will be based on the assessment of that decision, the recommendations as well as the judgments that are going to be put in place so that the goal of the company could be realized (Mullaly, 2015). In 2016, Zhai explained that it is also important to have a reflection on the decisions before they become implemented. I have used deductive reasoning in the opening paragraph of the paper since it is portraying a logical argument that shows that the process of making decisions is very important for all the businesses in the whole world.

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