Being a Manager in an Organization, you have to purchase a vehicle for pick and drop service for your employees. Explain the steps of Decision-Making Process and choose the best vehicle for your organization.
Q: Decision making is the process of O a. resolving problems. O b. identifying problems and resolving…
A: In every business and marketing organization, there are a number of activities that need to be…
Q: ill need to go through to develop the strategy. Identify and explain the tools or models to use in…
A: What Is Process Management?
Q: Explain the quote: “How you make a decision is often determined by how you view your choices or how…
A: Small Introduction about Decision Making Modern management relies heavily on decision-making.…
Q: Which of the following factors do organizations have control on? a. Strengths and weaknesses b.…
A: SWOT Analysis : SWOT (strengths, weaknesses, opportunities, and threats) analysis is used by a…
Q: This has been proven to be the best way to make a decision. * Consultative decision Strategic…
A: A strategic decision is related to the overall environment of the organization where the firm works.…
Q: Consider yourself a manager of any well-structured organization where you are leading a team. Your…
A: It is necessary for a manager to adopt suitable methods to train his/her employees. This is…
Q: The ability to process information about the external/internal environment of the organization and…
A: Business Environment The business environment can be defined as all of the internal and external…
Q: A decision-maker typically uses the 7 measures to implement management science tools. What are…
A: Management science is a set of quantitative tools and uses management science as decision models.…
Q: A model for decision making process, discuss briefly each of the elements of the process as shown in…
A: A management is defined as an act to coordinate and administrate the employees in order to achieve…
Q: What is the specialty of an executive support system? Group of answer choices It has been designed…
A: Executive support system is a popular management support system that provides information about…
Q: An organic system emphasizes top down authority and centralized decision making. Select one: a. TRUE…
A: A natural hierarchical design is portrayed by an incredibly level announcing structure inside an…
Q: Mr Marwan, an employee at Bank Muscat – Ibri Branch, is facing some challenges at the workplace. One…
A: Communication is the process where there two people are required for making the effective…
Q: Quick decision making: The decision-making process is decentralised, bringing it closer to the…
A: Organization consist of two type of structure - Centralization- In centralization structure all…
Q: WH FRAMEWORK The W in this framework stands for Group of answer choices Where the decision is made…
A: The ethics are observed because society has determined that it is the proper path of conduct. Ethics…
Q: Consider the following list of business decisions. Which decisions would be handled most effectively…
A: In general terms, group decision making refers to a type of decision making under which the inputs…
Q: Is monitoring an employee's work on a computer a desirable or undesirable activity from a manager's…
A: Electronic monitoring has become a significant concern for organizations; if monitoring the movement…
Q: Which of these always results in bad or unfavorable outcomes? A-None of these B-Bad Decisions…
A: A bad decision always results in chaos in the work and it always leads to bad or unfavourable…
Q: ________ make tactical decisions, which deal with activities such as short-term planning,…
A: Organizations would have different employees at various levels of hierarchy, with specific job…
Q: You are on the lookout for a new smartphone after your old unit has gone kaput. Given so many brands…
A: The Decision-making process model can be described as the model or the process that helps in making…
Q: South African homes have been covered with the delicious smell of Rajah Curry Powder for many years.…
A: Decision making is the process in which an individual or an organization select a course of action…
Q: What are the three different types of questions? How do those different questions affect the answers
A: A sentence that requires an answer for information collection, tests, research to solve a problem or…
Q: Assume that you are going to purchase a candy bar and a new computer. Identify the steps in the…
A: Consumer behavior: It shows the behavior and attitude of the end-users of the products and services…
Q: Umer is a businessman, and with time, the demand for his product increases rapidly. To effectively…
A: In order to make a practical decision, Umer must consider the factors mentioned below:
Q: According to the text, the number one key to fostering ethical decision making is having a strong…
A: Let us understand the meaning of - Fostering ethical decisions- encouraging strong ethical…
Q: Chose the correct explanation of verifying the decision from the following: Select…
A: Decision-making: It is a method of selecting a course of action among various alternatives to get…
Q: Using a major purchase ( for example a car) of your choice, apply and evaluate the high involvement…
A: The purchase decision-making process involves a variety of steps when the consumer is highly…
Q: computers had to be powerful enough to provide integrated, real‐time data for decision making.
A: Decision making involves choosing between possible solutions to a problem. It is regarded as the…
Q: Explain what are the forces or variables in the environment that can have an impact on an…
A: Environmental scanning and forecasting are important aspects that every business has to consider…
Q: Why is it important for sales representatives to know whether a potential business customer is…
A: For a successful sale the sales representative must do his pre-sales research. Different customers…
Q: Situations with important consequences for the organization that are poorly defined and unstructured…
A: Making decisions between various courses of action—which can include inaction—is referred to as…
Q: Giving people authority to make decisions and take actions does not mean they will make good…
A: Optimal decision-making is one of the important skills required in managers or people with authority…
Q: the process of auditing and improving organizational decision and actions, and providing feedback on…
A: Operational audits are a process that looks to the future and are a staple of many businesses'…
Q: Being the CEO of the organization, you have observed that some of the managers and employees are not…
A: Case: The CEO of an organization observed that the employees are not contributing g and…
Q: A multitude of business problems can be analyzed and solved by decision trees. They are useful tools…
A: A decision tree can be defined as the managerial tool which gives us all the decision alternatives…
Q: There is a marketing manager who is deciding how to allocate the financial resources among three…
A: There are various business organizations and marketing organizations across the world. All the…
Q: Describe a decision that is centralized (or decentralized) in your company. How could you…
A: In an organization, both centralization & decentralization include a significant productivity…
Q: In a given project, which of the three decision tree structure options should be used? You feel that…
A: This question is related to the topic-Project Management and This topic falls under the operations…
Q: What role does quality information play in decision-making? Please explain in detail?
A: During every stage of the decision-making process information does play an important role. The…
Q: What role does quality information play in decision making? Please explain in detail.
A: 1. For any organization, decision making is the most vital aspect. The business outcomes of an…
Q: Among the five internal control components, namely the control environment, risk assessment,…
A: Control environment or internal control environment is a financial audit of the enterprises internal…
Q: Give a situation where it is best to use Cornell's method of note-taking. Why is it the best…
A: Cornell's method of note taking is a method of note taking in which the student draws a systematic…
Q: Explain in detail the decision-making process and its steps with the help of examples
A: The decision-making procedure assists business specialists and leaders resolve difficulties by…
Q: Positive thinking is defined as a mental attitude or world view of optimism that interprets…
A: There is a direct link between positive thinking and that of the non-programmed decision making. The…
Q: Apply a systematic approach and integrative thinking in making services and operational decisions…
A: To manage the products, to deliver the services in a stipulated timeframe, to take the operational…
Q: What is the most effective technique in Quantitative Techniques for Decision Making and what are the…
A: Decision-making refers to the choice-making process by collecting useful information and data.
Q: Using a major purchase of your choice, apply and evaluate the high involvement decision-making…
A: High-involvement purchase decisions are decisions about complex purchases that the consumer wants to…
Q: Decisions that have long-range perspectives of two to five years and affect the entire organization…
A: Decisions: Operational decisions: Operational decision is defined as it is a…
Being a Manager in an Organization, you have to purchase a vehicle for pick and drop service for your employees.
Explain the steps of Decision-Making Process and choose the best vehicle for your organization.
Step by step
Solved in 2 steps
- In your own point of view, what are the characteristics of a good decision in terms of organizational profitability and sustainabilityYou have to a survey for opening your office after covid. What data needs to be collected from Employees so that you can do an analysis and make a decision wheter to reopen the office to ensure safety of everyone?Define information technology,Its dimensional role in decision making and its importance to suppliers , strategic partners and customers. What is the essential characteristics of useful information and its needs and importance to organizations? Particularly managers of all levels.
- Explain what is incremental approach ? Describe an ideal situation and least ideal situation for its use ?Please answer both multiple choice questions below.Please read the mini case below and answer the questions at the end of the mini case. Auto-Technic is a small German company founded and run by an electronics engineer, Peter Schnider. He has built his small business over the past five years by undertaking subcontract work for large electronic companies. The work has mainly involved producing small control devices (Automatic switches, timers, etc.) in response to his business customers’ requests. Peter’s expertise is valued by the organizations with which he has dealt. Having returned from trips outside Germany, Peter noticed an increase in the number of homes making use of automatic garage doors. Drivers would either press a button on a device kept in the car, which activated a switch in a door-opening mechanism fitted to the garage door, or a device would be fixed in the car that automatically triggered a sensor as the car approached, which then operated the garage door-opening mechanism. With his electronics expertise, Peter…
- You have just been hired as an intern with XYZ Sdn. Bhd. This company manufactures sportswear. Since you have taken a course on Energy and Sustainable Development in UNITEN, your supervisor has asked your opinion on how to improve the life-cycle sustainability of one their products, the XYZ Running Shoes. Prepare a brief outline of your recommendation, which should include FIVE (5) improvements that the company can implement to improve the sustainability of their product.Discuss the implementation of Artificial Intelligence (AI) and Machine Learning (ML) in CRM systems. How do these technologies enhance customer interactions and decision-making?Describe the grid technique. What is its purpose, and how does it lead to the making of a decision? What are its strengths and limitations?
- Suppose you are running your business from the last 3 years. State decision making process in this regard.A retail chain is experiencing a decline in sales and profitability due to increased competition and changing customer preferences. The company has decided to implement a cost-cutting program to improve its financial performance. You have been hired as a consultant to help the company identify areas where cost-cutting can be achieved without compromising the quality of products and services. Which of the following strategies would be most effective for the retail chain to cut costs without compromising the quality of products and services? Reduce staff salaries and benefits Improve supply chain management and logistics to reduce costs Decrease the quality of products and services Cut back on marketing and advertising expensesPlease answer both multiple-choice questions below.