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What do top managers rely upon to make strategic decisions?
EncofBizandFinance
Managers at this level must often depend on past experiences and their instincts when making strategic decisions.
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∙ 13y ago
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What is the reason Liquidity of a firm is the essential areas to be considered by the firms finance managers?
Finance managers are worried about only one thing (fundamentally) and that is the bottom line. Did the firm make more than it spent? Liquid assets (cash and account) determine what a firm is capable of doing. Having an expensive building (a frozen asset) as an example, is nice for the image of the firm, may make the employees happy, but if something goes wrong, its the liquid assets that the firm is going to rely on to bail itself out.
How did farmers on the plains struggle to make a living?
Farmers on the plains struggled to make a living when they had to rely on weather conditions to see them through. They had to deal with drought, locusts and grass fires which threatened their crops.
What are four approaches to corporate social responsibility?
obstructionist approachThe avoidance of corporate socialresponsibility; managers engagein unethical and illegal behaviourthat they try to hide from organizationalstakeholders and society.defensive approachManagers rely only on legallyestablished rules to take theminimal position toward corporatesocial responsibility.accommodative approachManagers make choices that tryto balance the interests ofshareholders with those of otherstakeholders.proactive approachManagers go out of their way toactively promote the interests ofstockholders and stakeholders,using organizational resources todo so.
What Does The Japanese Economy Rely On?
fish
What does Japan's economy rely on most?
Fishing
What is role of statistic in management?
Considering the abundance of data accessible, statistics provide managers more confidence in dealing with uncertainty, allowing them to make better decisions more rapidly and provide more solid leadership to those who rely on them.
Do most managers rely on a deontological approach?
yes
Do most business managers rely on a deontological approach?
yes
How often do you rely on media for scientific information to make decisions in your life?
The only media that is reliable is that found in scientific journals.
What are uses of an income statement?
An income statement shows the profitability of an entity. Profitability can be a measure that investors and shareholders rely on to make their decisions.
Programmed decisions are useful when there is no predetermined structure on which to rely?
True
Have a Friend With You?
From the moment you admit that you have a problem, it is best to have someone with you that you can rely on. Make sure it is someone that you can trust implicitly, and tell them everything. Armed with knowledge, they will be able to help you make decisions that are the best for your future. Your 'addiction buddy' can hold your hand through withdrawal, or make hard decisions when you can't.
Centralisation Vs Decentralisation?
Centralized organizational structures rely on one individual to make decisions and provide direction for the company. Small businesses often use this structure since the owner is responsible for the company's business operations. Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
When a couple is selling a home which of them typically decides which real estate agent to use?
There is no "typical" answer to your question. It can depend on the dynamics of the relationship and even the demographics. Some couples rely on the one who is better at making important decisions. Many couples have already worked out that aspect of their relationship and have a way to make those decisions together. Many others rely on that old patriarchal rule that by accident of birth the man of the house makes important decisions.
What does trust thyself mean?
"Trust thyself" means to have confidence in your own judgment, beliefs, and decisions. It encourages you to rely on your own thoughts and instincts, and to trust that you have the ability to make the right choices for yourself.
How will managers use financial information to predict outcomes in business?
Managers rely on financial information to determine the number of employees needed to complete specific duties and the cost of products and materials in order to complete tasks.
List some examples of guiding principles that the Bible gives to help you make decisions?
Seek wisdom through prayer and seeking guidance from God. Use discernment and rely on the teachings of Jesus to make decisions. Trust in God's plan and remember to treat others with love and compassion. Strive for integrity, honesty, and righteousness in all your choices.
