how does culture effect managers
yes office politics affect the organisational cultur by means of partiality & conflicts among the workers & superiors & also indirectly affect the productivity.
The study of managerial finance is crucial because it equips individuals with the skills to make informed financial decisions that affect an organization's overall performance. It enhances understanding of budgeting, forecasting, and investment analysis, which are essential for resource allocation and maximizing shareholder value. Regardless of specific responsibilities, a solid grasp of financial principles fosters better collaboration across departments and supports strategic planning, ultimately driving organizational success.
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Public officials
The aim of this exercise is to explore the social and environmental influences that affect interaction, often without the user being aware of them. The particular influences will vary from environment to environment, but we encourage you to consider some or all of the following.work context - Is the work place shared? Are the machines shared?peer pressure - Is there pressure to compete or impress?management pressure - Is there pressure to achieve? Is the interaction carried out in the presence of management?motivation - What motivates the interaction? Does this encourage or discourage experimentation?organizational goals - What is the objective of the organization? (profit? education? etc.) How does this affect the interaction?organizational decision making - Who determines the systems that you use? Do you have any choice or influence? Does this influence the way you interact with the system?
It's in your text book. Read it lazyass.
Managerial accounting places emphasis on how the numbers actually affect the organization. In managerial accounting, managers want to know what is important to decision making.
Elasticity of demand affects managerial decisions because the demand of a product changes with the wrong business decision. Managers must be careful about what they choose to do with their products.
Managerial decisions can shape a company's culture by influencing things like communication, values, and employee morale. For example, decisions related to transparency and inclusivity can foster a culture of trust and open communication. In contrast, decisions that prioritize profit over employee well-being can lead to a toxic culture of fear and disengagement.
Managerial economics applies economic theory and methods to business and administrative decision making. Managerial economics prescribes rules for improving managerial decisions. Managerial economics also helps managers recognize how economic forces affect organizations and describes the economic consequences of managerial behavior. It links traditional economics with the decision sciences to develop vital tools for managerial decision making. This process is illustrated in Figure 1.1. Managerial economics identifies ways to efficiently achieve goals. For example, suppose a small business seeks rapid growth to reach a size that permits efficient use of national media advertising. Managerial economics can be used to identify pricing and production strategies to help meet this short-run objective quickly and effectively
What boundaries can slow down the CCC and how can it affect managerial decisions?
Cultural ideas affect people in an organization by causing them to choose organizational options that are related to their culture. For example, in a culture where men are dominant, the organization would most likely be organized by men.
yes office politics affect the organisational cultur by means of partiality & conflicts among the workers & superiors & also indirectly affect the productivity.
Following are the steps helps to managers while taking decisions.. 1.Establish objectives. 2.Define the problem. 3.identify factors that affect the problem. 4.specify alternative solutions. 5.collect data and other informations. 6.Evaluate and screen alternatives. 7.Implement best alternative and monitor result. I think these are the main process in managerial economics.. By -Nsk
* security / operations challenges, purchases, procedures * demand changes because of changes in macro-economy * changes in national security that affect logistics (financial, travel, access)
Beliefs and values are foundational elements that shape an organization's culture by influencing behaviors, decision-making, and interpersonal relationships among employees. They provide a framework for what is considered acceptable or desirable within the organization, guiding actions and priorities. When aligned with organizational goals, strong beliefs and values can foster a cohesive, motivated workforce, whereas misalignment can lead to conflicts and decreased morale. Ultimately, a clear set of shared beliefs and values helps create a sense of identity and purpose, which can enhance overall organizational performance.
Internal influences on organizations refer to factors within the organization that affect its operations and performance. These include organizational culture, leadership styles, employee morale, communication practices, and resource availability. Additionally, the structure of the organization, such as hierarchy and departmental relationships, can significantly impact decision-making and efficiency. Understanding these internal influences is crucial for effective management and achieving organizational goals.