Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

problem 1:

(a) Decision making is the essence of management, and every decision starts with the problem.

(i) What do you understand by the term decision?

(ii) What do you understand by the term problem?

(b) Decision making is not as easy as just selecting among alternatives. It involves 8 steps in the procedure.

(i) Make a list of all the eight steps which is involved in decision making.

(ii) Describe how you would go through each step in the procedure. Use an instance to exemplify your answer.

(c) Managers face three dissimilar situations when making decisions. What are the characteristics of each?

problem 2:

(a) Illustrate the term planning.

(b) Illustrate the following phrases:

(i). Strategic plans,

(ii). Operational plans,

(iii). Long term plans,

(iv). Short-term plans, and

(v). Specific plans.

(c) Planning seems to take a lot of effort. But, there are at least four reasons why managers must plan.

(i) What are those reasons?

(ii) Elaborate on each of reasons. 

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M97074

Have any Question? 


Related Questions in Management Theories

Business marketing discusion 150 wordssupply chain

Business Marketing Discusion (150 words) Supply Chain Management • Supply chain management is instrumental as it pertains to marketing as marketing plays a key role in integrating supply chain processes and promoting col ...

The impact of transportation disruptions on supplychain

The impact of transportation disruptions on supply Chain Performance Martha C. Wilson College of Business Administration, California State University, Sacramento 6000 J Street, Sacaremento, CA 95819-6088, United States R ...

Assignment annual reviewimagine you work at a company and

Assignment: Annual Review Imagine you work at a company and it is time for an employee named Jim's annual review. While he was a model employee the first nine (9) months of the year, recently Jim has been coming in late. ...

What is the capability maturity model integrated cmmi and

What is the Capability Maturity Model Integrated (CMMI), and which organization is responsible for its development? What is systems accreditation? What is systems certification? What industry standard requires system cer ...

Global supply chain managementquestion think of an idea you

Global Supply Chain Management Question: Think of an idea you are passionate about. How would you sell your idea to a high content versus low content culture? How about a low power distance versus high power distance cul ...

High-performing teamsadopting high-performing teams to

High-Performing Teams Adopting high-performing teams to solve problems where direct supervisors and managers recognize service, and quality outcomes could promote quality initiatives. Using Google Scholar or EBSCO Librar ...

Topic 1 origins of management practices1explain what is

TOPIC 1: ORIGINS OF MANAGEMENT PRACTICES 1. Explain what is meant by ‘management'. In your answer discuss how the definitions or ‘management' have changed over time. 2. Explain the differences between effectiveness and e ...

For this assignment write a minimum of 4 pages in length

For this assignment, write a minimum of 4 pages in length describing your intervention plan to lead the people in conflict toward transformative change. Be sure to use the unit lesson as a guide. Incorporate at least fiv ...

Assignmentabstractdisaster recovery and business continuity

Assignment ABSTRACT Disaster Recovery and Business Continuity (DR/BC) planning is an issue that students will likely come in contact with as they enter industry. Many different fields require this knowledge, whether empl ...

Forecasting comparison presentationidentify a state local

Forecasting Comparison Presentation Identify a state, local or federal policy that impacts your organization or community. Create an 8- to 10-slide Microsoft PowerPoint presentation in which you complete the following: D ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen