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Should most decisions be made at the top levels of an organization or should they be dispersed by extensive delegation throughout all levels of management?
Wiki User
∙ 11y ago
Extensive delegation takes a lot of time, so nothing will be completed.
Top-Level management should make the decisions - otherwise, what's the point in there being a top-level management in the first place?
Wiki User
∙ 11y ago
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Why management equated to decision making?
Decision making is the key aspect of management. There are lots of decisions that needs to be made by an organization's management in order to move the organization forward.
What are the characteristics of management accounting?
Management accounting is focused on helping managers make decisions about the organization. Characteristics of management accounting include: identifying, measuring, analyzing, interpreting, and communicating information in order to help the organization reach its goals.
What is decision-making on management organization?
ability to make decisions when there r 4- 6 alternatives available.
What non-governmental organization is responsible for making key technical decisions related to internet management?
ICANN
Scope of strategic management?
Strategic management helps businesses focus on the overall direction of the organization. When a business operates strategically, their manager's decisions are competitive.
Why is management necessary?
Management is necessary to coordinate and organize resources to achieve specific goals. It helps to provide direction, make decisions, allocate resources, and solve problems within an organization. Effective management ensures that tasks are completed efficiently and helps to drive the success of the organization.
What is top manager?
Top manager refers to a person who is in upper management . Such people are responsible for making primary decisions in an organization.
Importance of conciseness in your life?
Quantitative techniques in decision-making helps managers make decisions that are best for the organization. With numbers supporting decisions, managers can get the support of top management.
What are differences between strategic management and strategic management accounting?
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
How do you think management have evolved?
Management has evolved from an authoritarian type style of management to including employees in decisions. Many managers also manage by objectives to ensure that their employees reach their goals as well as the organization.
Role of an accountant in an organization?
Accountants have many roles in an organization. A management accounting will create and understand production reports and make timely and valuable decisions to increase the company profits.
Define business policy?
It defines the scope or spheres within which the decisions can be taken by subordinates in the organization . it permits the lower level management to deal with problems and issues without consulting top level management every time for decision . It is the guideline developed by the organization to govern its actions , they define the limit within which the decisions must be made . It also deals with acquisition of resources with which organization goals can be achieved . Business policy is the study of roles and responsibility of top level management , the significant issues affecting organization success and the decision affecting organization long term run .
