Question: Use the following Decision Statement (Step One): How can HH increase sales growth? Explain what Framing the Decision means in terms of the three components.

  • Use the following Decision Statement (Step One): How can HH increase sales growth?
  • Explain what Framing the Decision means in terms of the three components. You do this by addressing, discussing and supporting each of the terms - purpose, scope, and perspective (MDQ model). Discuss the biases and traps that must be avoided in Framing the Decision.
  • Explain the meaning and purpose of using objectives in the MDQ model. Discuss the specific biases and traps that must be avoided.
  • Identify the best four objectives from the list provided.
  • Explain why these objectives are the best for Hannah's hats and Harry Hannah as the decision maker to help frame the decision process. Be sure to explain specifically what constitutes a sound objective and why it is important to making the decision.

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