Scenario One Reflection Paper
Introduction
Problem-solving and decision-making are basic components of daily business interactions. When delving into the process of decision-making, today major decision makers within a firm must possess a sound decision-making methodology. Over time, top managers have discovered that traditional decision-making processes may lack vital elements of critical thinking for effective and timely decision-making. Therefore, effective business leaders have adopted increasingly thorough and aggressive approaches to outlining alternatives, evaluating those defined alternatives, defining solutions, and assessing risk associated with the defined solutions. In the following, we will use the Harrison-Keyes scenario to demonstrate an effective method of problem-solving benchmarking. In our evaluation, we will define our research methodology, give a summary of the information researched, and present alternative solutions and a risk assessment of the prescribed solutions.
Research Methodology
The methodology for this research project is as follows:
? Research approach: To facilitate our research efforts we leveraged web research, knowledge from within our organizations, and resources afforded through the University of Phoenix website
? Information required/list of topics: The information researched encompassed ecommerce, outsourcing, and digital rights management. The learning team determined that researching the aforementioned information provided the best opportunity for determining the feasibility of the e-publishing initiative. The primary reasons for choosing the previously defined topics are expressed in the following outline:
o The learning team selected e-commerce ...