Decision made by the management
Management is always presented with a situation where they have to make a decision. Decision making is one of the hardest tasks the management experience in the day to day activities (Bergstra& Burgess, 2020).Boeing 737 max plane crash painted a picture of insecurity in its customers, and in any business, the customers are the boss. The management, therefore, have to make a decision that will affect the company positively
The management decided to update the Boeing 737 that had the clash instead of buying a new plane. The ruling favored the control since they did not have to spend much money on adding another flight in the company (Bergstra& Burgess, 2020). The mentality that customers might have on their safety on the plane is questionable; this might result in losing customers. Human minds are engineered in such a way that they celebrate anything and thus forsake the old ones. The only remedy for clearing the intention of the passengers could be purchasing a new plane.
In Conclusion, the decision made by the management was pivotal and could affect the company negatively. The company could have considered the financial aspects which are in need expensive than the renovation of the old plane. A new flight no matter how costly it is, but after a short time, the company will be in a position to recover the amount they used in purchasing the new plane. Sometimes cheap is expensive that would make the company in the long run. Thus the decision should be reconsidered and refurnished to attract customers and increase sales.
References
Bergstra, J. A., & Burgess, M. (2020). Candidate Software Process Flaws for the Boeing 737 Max MCAS Algorithm and Risks for a Proposed Upgrade. arXiv preprint arXiv:2001.05690.