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What explains why the game of economics is about setting goals as much as it is about making allocation decisions?
There are different and incompatible economic goals.
What be explains why the game of economics is about settings goals as much as it is about makkeing allocation decisions?
this is supposed to be a place for answers not blanks, hefers.
Is final allocation phase in allocation cycle?
Yes, the final allocation phase is a crucial part of the allocation cycle. It involves the distribution of resources or assets based on the decisions made in previous phases. This phase ensures that the allocations align with the established goals and priorities, finalizing how resources will be utilized. Proper execution in this phase is essential for achieving optimal outcomes and efficiency in resource management.
What best explains why goals are nescessary for making allocation decisions?
The available resources cannot be used to pursue every goal that each individual has.
What are determinants of office management?
Determinants of office management include organizational structure, workplace culture, technology, and resource allocation. Effective communication and leadership styles also play crucial roles in shaping office dynamics. Additionally, employee engagement and training programs significantly impact productivity and morale. Ultimately, these factors collectively influence how efficiently an office operates and meets its goals.
How does information technology help a manager in performing his organizational function?
Information technology can help a manager stay up to date on production goals and status. In addition, they can quickly make adjustments to fulfill the organizational goals expediently.
What do you mean by Resource allocation in strategic management?
RESOURCE ALLOCATION IN STRATEGIC MANAGEMENT REQUIRES KNOWLEDGEABLE HRM THAT PLACES THE RIGHT HUMAN RESOURCE COMPATIBLE AND CAPABLE OF PERFORMING A SPECIFIC TASK OR FUNCTION EFFECTIVELY TO MEET ORGANIZATIONAL GOALS.
Where do you see the contribution of human resource management in achieving organizational goals?
Many people feel that human resource management are a barrier to the achievement of organizational goals.
Is the process by which organizational goals are achieved through the use of organizational resources?
The goal development process is where organizational goals are written and organized. The goals are organized in order with long-term and shorter term goals that will be used to reach the long-term goals. Resources are listed with each goal, which will be used to achieve the goals.
What is organizational goal?
Organizational goals are the overall objectives of a company or organization. These goals include the mission and purpose of the organization.
What is the difference between individual and organizational goals?
what the different between goals and idividual goals
Examples of organizational goals?
clean the study
What are organizational behavior goals?
for enhanced productivity
Discuss the goals of organizational behavior?
The goals of organizational behavior are aimed at improving efficiency and productivity. This will help in realization of the ultimate goal of making profits.
Why create an organizational unit?
Creating an organizational unit helps streamline operations by grouping related functions or teams, fostering collaboration and enhancing communication. It allows for clearer roles and responsibilities, improving efficiency and accountability. Additionally, it can facilitate better resource allocation and decision-making, ultimately driving the organization's strategic goals.
What is the effectiveness of budget in achieving organizational strategic goals pdf?
Budgets play a crucial role in helping organizations achieve their strategic goals by allocating financial resources strategically. By setting clear financial targets and priorities, budgets guide decision-making and resource allocation to support strategic initiatives. However, the effectiveness of budgets in achieving strategic goals also depends on factors such as alignment with organizational priorities, flexibility to respond to changing circumstances, and proper monitoring and evaluation.
What factors should be considered when developing an IT governance strategy?
When developing an IT governance strategy, it is important to consider factors such as organizational goals, regulatory compliance, risk management, resource allocation, and alignment with business objectives. These factors help ensure that the IT governance strategy is effective in supporting the overall goals and operations of the organization.
