answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is a core principle that serves as the foundatin to good decision making?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Management

What core principle that serves as the foundation to good decision making?

What is a core principle that serves as the foundation to good decision making


VW vision and mission statement?

mission statement of the Volkswagen group is not available to the public. on November 25, 2010, the Volkswagen Group joined 21 German companies in agreeing to a "mission statement for responsible actions in business," which serves as a national mission for the VW group and focuses the Volkswagen leaders on the benefits of responsible business to consumers.The six principles of this shared mission statement are:· Business must serve the good of the people.· Business that serves the good of the people requires competition.· Business that serves the good of the people is based on merit.· Business that serves the good of the people takes place globally.· Business that serves the good of the people must be sustainable.· Business that serves the good of the people demands responsible.


Which element of the Freudian personality system serves as mediator or manager?

Ego.


Advantages of mis?

An MIS provides the following advantages. 1. It Facilitates planning : MIS improves the quality of plants by providing relevant information for sound decision - making . Due to increase in the size and complexity of organizations, managers have lost personal contact with the scene of operations. 2. In Minimizes information overload : MIS change the larger amount of data in to summarized form and there by avoids the confusion which may arise when managers are flooded with detailed facts. 3. MIS Encourages Decentralization : Decentralization of authority is possibly when there is a system for monitoring operations at lower levels. MIS is successfully used for measuring performance and making necessary change in the organizational plans and procedures. 4. It brings Co ordination : MIS facilities integration of specialized activities by keeping each department aware of the problem and requirements of other departments. It connects all decision centers in the organization . 5. It makes control easier : MIS serves as a link between managerial planning and control. It improves the ability of management to evaluate and improve performance . The used computers has increased the data processing and storage capabilities and reduced the cost . 6. MIS assembles, process , stores , Retrieves , evaluates and Disseminates the information.


What are the limitations of management accounting?

Based on Financial and Cost Records.Personal Bias.Lack of Knowledge and Understanding of the Related Subjects. Provides only Data. Preference to Intuitive Decision Making. Management Accounting is only a Tool. Continuity and Participation. Broad-Based Scope. Visit our website: applefreight. net

Related questions

What core principle that serves as the foundation to good decision making?

What is a core principle that serves as the foundation to good decision making


Definition of principle according to the authors?

Principle refers to a fundamental truth or proposition that serves as the basis for a system of belief or behavior. It guides individuals in making decisions and shapes their actions in various contexts. Principles are often seen as core values or standards that govern ethical conduct and decision-making.


Why did the theory of utilitarianism come about?

Making more when it serves a higher principle of the state. This was contradictory to and created by expansionist ideas.


The approved detail design resulting from the serves as a basis for making the decision to begin production?

Critical Design Review (CDR)


What is the MIS?

An information system that integrates data from all the departments it serves and provides operations and management with the information they require and helpful in decision making.


What is an action or decision that later serves as an example for others to follow?

A precedent is an earlier action or decision used as a guide or model in future decision-making. Courts often use precedents set in earlier cases to render a judgment, under the doctrine of stare decisis (Latin: Let the decision stand), a common law principle.


Who serves as the principle NCO in staff elements at the battalion or higher?

Master Sergeants


What serves as the basis for both the principle of maximum parsimony and the principle that shared complexity indicates homology rather than analogy?

The law of probability.


Who serves as the principle NCO in staff elements at battalion or higher levels?

Master Sergeants


Serves as a basis for making predicitons?

history


What is the name of bards apprentice who serves as the principle interlocutor throughout the performance of son jara?

Bemba


What is the basic principle of the US Government?

The basic principle in the U.S. government is democracy. The founding fathers and the framers of the Constitution wanted to make sure the people had control.