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What are the advantages of functional structure?
-delay in decision making - inter dependent factor Save
Challenges facing managers in regards to decision making?
Opinions may vary. One challenge that faced managers is making the right decision to a tough problem given a limited time.
What factor is a key aspect of recommending action in the decision making process?
Building stakeholder buy-in
What do mean by decision making?
Decision making is deciding things.
Difference betweenoperation decision making and strategy decision making?
dont know the answer
What is the principle of limiting factor in decision making?
The limiting factor is the biggest thing that stands in the way of you solving a problem or accomplishing an objective. Locate the limiting factor as part of your decision-making process to avoid making mistakes. Failure to follow the principle of the limiting factor leads to many poor decisions.
Principal of limiting factor in decision making?
what is the principle of limiting factor in decision making. The principle of the limiting factor states that by recognising and overcoming those factors that stand critically in the way of a goal, the best alternative course of action can be selected.
How does the fact that it doesn't affect you impact your decision-making process?
The fact that something doesn't affect you can impact your decision-making process by making you less likely to consider it as a priority or factor in your choices.
Should religion be a determining factor in ethical decision-making?
It should never be a factor or ever taken into consideration at all......
What are the advantages of functional structure?
-delay in decision making - inter dependent factor Save
3. Explain briefly various models of decision making process?
The rational model of decision making provides a four step sequence. The normative model includes limited information processes, shortcuts used to simplify decision making. and settling for "what works".
Challenges facing managers in regards to decision making?
Opinions may vary. One challenge that faced managers is making the right decision to a tough problem given a limited time.
What factor is a key aspect of recommending action in the decision-making process?
Building stakeholder buy-in
When Permanent current assets are not a factor in a manager's decision making process?
long term in nature
The maximization of profit and the minimization of losses is the primary factor affecting the economic decision making of?
workers
What factor is a key aspect of recommending action in the decision making process?
Building stakeholder buy-in
When would Permanent current assets not be a factor in a manager's decision making process?
When they are long term in nature
