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

Question 1a do you think management is an art or a scienceb

Question 1 (a) Do you think management is an art or a science? (b) Describe using suitable examples the basic management functions. Question 2 (a) Using suitable examples explain the three (3) main managerial skills. (b) ...

Questions1 what would be the results of an effective

Questions: 1. What would be the results of an effective security investment? How would you measure that? 2. What role should the public play in risk management? 3. What role does a risk communication strategy play in ris ...

Global supply chain managementread the 2 passages which i

Global Supply Chain Management READ THE 2 PASSAGES WHICH I GAVE IN ATTACHMENT AND GIVE ANSWERS TO QUESTIONS THIS PAPER SHOULD BE 3 PAGES IT IS SAFEASSIGN CASE STUDY FORMAT Analysis/Responses to Questions (Total of 3 sing ...

Supply chain managementassignment informationthis

Supply Chain Management Assignment information: This assignment requires you to write a 2000 word original reportaddressing the following areas: Compare and analyse the supply chain of one service and one manufactured pr ...

Comparison in organizationusing your current work

Comparison in Organization Using your current work organization (or an organization of interest) and a second organization in the same industry as the subject matter, research the elements of business, compare and contra ...

Assignmentusing an aggregate demand and supply diagram

Assignment Using an aggregate demand and supply diagram (please graph) explain how each of the following scenarios affects the equilibrium price level and aggregate output. Is there a difference in the Short Run versus t ...

1 when choosing recommended practices what limitations

1. When choosing recommended practices, what limitations should you keep in mind? 2. What is baselining? How does it differ from benchmarking? 3. What are the NIST-recommended documents that support the process of baseli ...

Research and comply with regulatory requirementsshort

RESEARCH AND COMPLY WITH REGULATORY REQUIREMENTS Short Answer Questions 1. Apart from the internet, identify two sources of information (that a business could use) to ensure compliance with the law. Explain the type of i ...

Iris was a little unsure of what to do next she had just

Iris was a little unsure of what to do next. She had just left the meeting with the other executives. At the meeting, they confirmed the need for action on the matter of the critical information offered for sale on a pub ...

Eagles nest hotels case study - detailed implementation

Eagle's Nest Hotels Case Study - Detailed Implementation Plan Brief Your Brief For the allocated department, you are required to prepare the Implementation Plan of the Investment Idea which your syndicate recommended in ...

  • 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