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What are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what how and when?
Wiki User
∙ 6y ago
following are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what, how, and when?
Wiki User
∙ 6y ago
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Role of quantitative technique in business?
Quantitative techniques in business managers make better decisions. Managers can use the information to determine strategic objectives for the company.
What are examples of Strategic planning?
Examples of strategic decisions managers make include who the customer or clientele should be, what products or services should be sold, and where the products and services should be sold
When making decisions managers should?
today
What do top managers rely upon to make strategic decisions?
Managers at this level must often depend on past experiences and their instincts when making strategic decisions.
How managerial economics is related to the decision making?
In managerial economics, managers in depth analyze all the economic situation of the country. After the in depth analysis they take the decisions. In this way economics is integrated with decision making.
List three factors that affect budget resource allocation decisions of managers provide appropriate examples for each of these three factors?
List three factors that affect budget resource allocation decisions of managers provide appropriate examples for each of these three factors?
Role of quantitative technique in business?
Quantitative techniques in business managers make better decisions. Managers can use the information to determine strategic objectives for the company.
Sources of information needed to make financial decisions in business organizations?
Customers, vendors and researchers are all sources of information for managers. Managers must analyze the information to determine whether it is reliable.
What are examples of Strategic planning?
Examples of strategic decisions managers make include who the customer or clientele should be, what products or services should be sold, and where the products and services should be sold
What is the scope of financial objective of business organizations?
Financial objectives are created to guide managers with their financial decisions. By comparing their decisions to the financial goals of the organizations, the manager can determine whether they are on the right track.
What is the role of quantitative methods in actual business?
Quantitative methods, such as statistics, help managers make better decisions. Statistical information about customers can help managers determine whether they want to enter new markets or not.
Are managers judged by their decisions?
yes
How can managers avoid risk in decision making?
can the managers avoid making decisions
When making decisions managers should?
today
What allows managers to make better resource ordering decisions?
In ICS Typing resources allows managers to make better resource ordering decisions by
Techniques used in management accounting?
Managers use management accounting to help them determine if their department is performing. They also use it to help them analyze make or buy decisions.
Decisions that have been made many times in the past and for which managers have rules and guidelines about how to make similar decisions in the future are known as?
Decisions that have been made many times in the past and for which managers have rules and guidelines about how to make similar decisions in the future are known as: "Programmed Decisions"
