Good Decisions That Went Bad - Mba
By: Edward • Essay • 381 Words • March 9, 2010 • 1,030 Views
Good Decisions That Went Bad - Mba
Good decisions that went bad?
1. How many decisions made by Stubbs can you find in this case? How would you rate each?
This case presents 4 main decisions witch I rated from 1 to 10 scales:
Decision 1: to borrow $151000 and to buy Yellow Cab franchise. I find this decision to be a good one. The final result, bankruptcy, is due to other decision. I rate this decision with an 8.
Decision 2: adopting the “good as gold” policy. This is also a very good idea. I rate this decision with 9.
Decision 3: vouchers system. This proves to be a very bad decision. I rate this decision with 3.
Decision 4: ceased to offer dispatch service. Another very bad idea witch pushed the company into difficulty. I rate this decision with 2.
We could also consider decision to borrow the $ 151 000, and the decision to declare bankruptcy. But as the case study provides no information about the context and if any alternative were possible, I cannot rate them.
2. Which of the decisions do you think went wrong? Why?
From those presented above I consider very bad decisions:
Decision 3: Not only that it brought financial issues, it created animosity among the drivers. This decision affected his financial status, his credibility and trust among the drivers.
Decision 4: A short analyze would have shown the negative aspects of such decision. It was very easy to predict what followed. Because of the customer- oriented policy, clients had direct contact with