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Examples of classical and administrative models of decision making in any industry?
There are classical, administrative, and political models of decision making. Making a decision requires the use of logical selection based on facts.
In making control decisions the decision-maker must have authority to do what?
Determine whether the benefits of the mission outweigh the reduced level of risk.
In making control decisions the decision maker must have authority to do what?
Determine whether the benefits of the mission outweigh the reduced level of risk.
What do mean by decision making?
Decision making is deciding things.
Difference betweenoperation decision making and strategy decision making?
dont know the answer
How decision making process can be automated?
through information system. (Decsion Support System)
What is the duty of loyalty?
Prohibits making a decision that benefits the decision-maker at the expense of the corporation.
What is duty of loyalty?
Prohibits making a decision that benefits the decision-maker at the expense of the corporation.
How anaerobic respiration benefits the yogurt making industry?
It doesn't.
Examples of classical and administrative models of decision making in any industry?
There are classical, administrative, and political models of decision making. Making a decision requires the use of logical selection based on facts.
A decision-making method that compares costs and benefits?
rational choice
How can managers avoid decision making?
Decision making is an essential part of being a manager in any industry. It would be impossible for a manger to not make a single decision while being a manager.
Can manager avoid making decision?
Decision making is an essential part of being a manager in any industry. It would be impossible for a manger to not make a single decision while being a manager.
When a decision is made what two things is a decision maker considering?
Two things a decision maker considers when making a decision are future costs and benefits of the decision. Other things are sometimes considered when making decisions including future consequences of the decision.
What does thinking at the margin mean?
Thinking about the costs and benefits of making changes in behavior. when you make a decision, most people think on the margin, meaning they think about the positive and negative benefits of making one decision rather than another.
How can frontline employees be supported for decision making?
As the frontline employees have more skill and experience in the industry they are suitable for decision making. Also they are the senior employees of the company that too helps in the decision making as they very well know the culture of the company.
What is a decision support system?
A Decision Support System is widely used in the computer industry. It helps businesses and organizations with activities involving decision making and planning.
