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Dacey Rankins

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2025-07-05 18:41:02 -

What Are Ethical Issues in Management Science?
Concerns Include Bias, Fairness, Data Privacy, Transparency, Accountability, and Stakeholder Impacts Management Science, with its reliance on data analysis, optimization models, and decision-making frameworks, plays a crucial role in shaping strategies and operations across industries. However, the growing complexity and automation of decision-support systems have brought ethical...

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Dacey Rankins

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2025-07-14 15:18:49 -

What If Scope or Requirements Change Mid-Project? Handling Scope Creep: Assess Impact, Communicate Changes, Update Plan
In an ideal world, project requirements stay fixed from start to finish. But in reality, change is inevitable—whether due to evolving customer needs, market conditions, technical discoveries, or stakeholder feedback. The key challenge is how to manage these changes without derailing the entire project. This is where understanding and controlling scope creep becomes critical. What Is...

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Dacey Rankins

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2025-01-31 15:27:35 -

What Is Corporate Social Responsibility (CSR)?
Corporate Social Responsibility (CSR) refers to a company’s commitment to managing its operations in ways that positively impact society, the environment, and the economy. CSR goes beyond just making profits—it’s about balancing business objectives with ethical practices that align with public expectations and the long-term well-being of the broader community. In today’s...

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Dacey Rankins

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2025-07-12 20:45:20 -

Why Are We Doing This Project?
Clarifying the Business Objectives and Value Proposition** Before a single task begins, every project must start with a compelling “why.” Understanding the reason for undertaking a project ensures that all efforts align with broader business goals and delivers tangible value to stakeholders. A clearly defined business objective serves as a compass for the entire team. It answers...

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