Managerial Decision Making Gm 530

“Stolling Down Burbon or finding Nemo”

Choosing the right Vacation

GM 530 Managerial Decision Making

Professor: Glen MacDonnell

Session/ March 2009

Choosing the right Vacation

Summary

Creating the perfect vacation spot for our family is very important. With individuals ranging from age 24- to 65 we want everyone to be able to enjoy themselves. Everyone has already agreed the beginning part of May would be the perfect time to take a family vacation. However the family lay divided on where they should spend their time vacationing. Our family has a limited time to take a vacation so it’s important for us to pick a great spot because no one wants to waste time on a vacation that is less than stellar. As a family we would like to enjoy the sun and the sites while keeping in mind each other’s personal preferences for fun. There are so many beautiful places to have fun but some have become increasingly more expensive to vacation at.

As a family we have saved enough money to go on a vacation that does not total over 7,000. The family has saved for approximately two years for this vacation.

Problem Statement

Out immediate family includes my mom and Dad and two sisters and one brother. We all have different views on our idea of fun. My Parents don’t mind staying close by and having fun in a nearby state. However the siblings and I would rather spend time in some place further away so that we can enjoy summer weather and beaches. A variety of places have been thrown up in the air, but no decision has been made. It has been two years since any of us have been on a vacation. The last vacation I took was to Chicago for a long weekend. I believe the hardest part of deciding about our vacation has already been done. The family has decided the first part of May would be the best time for everyone to go. The next decision which I will use the PrOACT approach is to decide on an actual vacation site.

Objectives

The family will benefit from a vacation because...