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Importance of creativity and innovation in operational planning?

Creativity helps managers overcome problems. The ability to be creative and innovative helps them excel above their competition each day.


Refers to collective information that gives you the ability to make effective important and often strategic business decisions.?

This collective information is often referred to as "business intelligence." It encompasses data analysis, reporting, and other tools that help organizations interpret vast amounts of data to identify trends, patterns, and insights. By leveraging business intelligence, companies can make informed decisions that enhance operational efficiency, improve customer satisfaction, and drive strategic growth. Ultimately, it enables better forecasting and risk management in a competitive landscape.


A leaders ability to influence or persuade other people because of personal qualities that make them attractive to others is called?

Charisma.


Why it is Stated that planning is the primary function of management?

Management is defined by a person's ability to engage in operational organization. The only way it can only be successful is to focus in on improvement and 'plan' to execute efforts. Without planning there is no smooth transition.


What are the skills needed for a managing director?

Depending on the area of the world a Managing Director (MD) is the equivalent of the Chief Executive Officer or President. The former responsibilities encompass strategic decisions, ie the direction of the company, the big picture. As the latter they would be focused on the tactics, ie the day to day operations. In either case the ability to understand company financials, manage people, general business acumen and the ability to make decisions are crucial skills.

Related Questions

How do you use the word judgment?

You can use the word "judgment" to refer to the ability to make considered decisions or form opinions. For example, "She used good judgment in choosing her friends."


The ability to use logic and sound judgment to make decisions based on available information to complete the mission or task is a behavioral skill called .?

The ability to use logic and sound judgment to make decisions based on available information to complete the mission or task is a behavioral skill called


What is the ability to use logic and sound judgment to make decisions based on available information to complete the mission or task is a behavioral skill called?

The ability to use logic and sound judgment to make decisions based on available information to complete the mission or task is a behavioral skill called


Do you have the ability to analyze operational performance?

Ability to analyze operational performance and develop priorities for improvements.


How would you characterize Odysseus judgment?

Odysseus's judgment can be characterized as both cunning and strategic. He is known for his ability to make wise decisions and outsmart his adversaries, but he also has moments of pride and recklessness that can cloud his judgment. Ultimately, his journey in Homer's "The Odyssey" showcases a complex portrayal of his judgment and its consequences.


What is business judgment in relation to banking?

It means that you can take the decisions or have the ability to sell the financial products according to the set patterns and regulations of your bank in which you are working.


Why does free will is cognitive?

Free will is often considered a cognitive process because it involves decisions that are influenced by reasoning, evaluation of options, and personal experiences. Our ability to make choices freely is tied to our cognitive functions, such as memory, perception, and judgment. This cognitive aspect allows us to weigh different possibilities and make decisions based on our beliefs and values.


Why does alcohol and drug abuse increase risk of suicide?

Alcohol and drugs impair one's ability to use good judgment and make competent, well thought out decisions.


Freedom to make decisions legal or otherwise based on your own judgment?

Free Will (?)That is as good an answer as any. I think you gave the answer in your question. You have the freedom to make decisions based on your own judgment. You also have to take the responsibility for those decisions. If your decision violates the law, you have the right to be prosecuted and "punished". If you have bad judgment you can make bad decisions. I guess that is true freedom!AnswerThe ability to act or judge on one's own is called discretion. It is the ability or power to decide responsibly, or, act at your own discretion. Discretion is the power to make free choices unconstrained by any external agencies. It a foundation for freedom. Freedom is the ability to make your own choices for your own benefit


First mental ability to be impaired by alcohol is?

The first mental ability to be impaired by alcohol is typically judgment. Alcohol can affect the brain's ability to make sound decisions and assess risks, leading individuals to engage in behaviors they might not otherwise consider when sober.


What does good sense of judgment mean?

A good sense of judgment refers to the ability to make well-thought-out decisions and assessments based on logic, reason, and practicality. It involves evaluating situations, weighing options, and choosing the best course of action in a way that is wise and prudent.


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.