Complete and submit the Portfolio Paper no later than Saturday at 11:59 pm central time. Earlier submissions are encouraged. Your Portfolio Paper should concern a major MANAGERIAL DECISION AREA that would be made within a firm. It is suggested but not necessary that this decision area would be one in which you have personal experience. Some examples would include: (1) Starting a new business or entering a new market; (2) Hiring part-time workers rather than full time to handle an increase in demand for the company’s product; (3) Outsourcing work versus doing it “in-house;” (4) Negotiating labor or supplier contracts; (5) Developing either a personal or departmental budget and then controlling toward it; (6) Purchasing versus leasing machinery; and (7) Phasing out a product or moving out of a market. Note these are only a few examples, but I would like to see your topic selection posted on the discussion board by the Wednesday of Unit two.
· A reference page (Pages 11-12)