Decision Making

Decision-making is one of the most critical reoccurring responsibilities that managers face in their company. An excellent decision would help any company accomplish its strategic goals, including meeting the needs and demands of the company’s employees, executives, stockholders, consumers and suppliers. The problem that many managers will face in making a decision is when to stop gathering facts. This costs the company billions of dollars and valuable time each year. Decision making, in most cases, presumes commitment, the willingness of decision-makers both to devote the time and energy to deciding and to accept responsibility for the uncertain consequences of their actions.
The purpose of this paper is going to be to analyze the decision-making process that was involved in the decision and the reasons for Levi Strauss & Company to close all of the manufacturing plants in the United States and Canada. Levi Strauss & Co. is one of the worlds leading branded apparel com...