Describe how is satisficing much more prevalent than optimising in actual practice
Q: A banks system is aims as determine the responsibilities and authorities for the mangers and…
A: In an organization, there are different roles and responsibilities based on the degree of skills and…
Q: Which of the following is not included in the planning and decision making function of management?…
A: A decision is the conclusion of an interaction by which one picks either at least two accessible…
Q: What is the science of statistics? Why is it important in quality management?
A: Statistics is science-related with the get-together, organizing, analysis, understanding…
Q: Planning discovers the worst alternative out of available many alternatives Select one: O a. False O…
A: Planning discovers the best alternative out of the choice of alternatives available It helps in the…
Q: Write a critical note on the concept of Production and Consumption in detail.
A: Introduction Production consolidates different material sources of info and unimportant information…
Q: Which of the following is not considered an objective performance measure? Productivity Trait…
A: Productivity: Productivity refers to the amount of output attained divided by the inputs. In other…
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: What will happen if the organization is confident that it can predict demand with 100% accuracy?
A: If an association is confident that it can anticipate demand with 100% precision, it will have the…
Q: Why should Training Need Analysis or TNA be performed before any formal training is initiated?
A: Training Need Analysis often called TNA can be stated as the approach which helps the companies…
Q: In Alcc ltd. The first 18 units takes 17 hours for production with learning curve rate is 74% ,…
A: Given: 1st unit = 17 Hours for production Learning curve rate = 74% To be determined: Total time…
Q: Why is a stock game a good example of a students learning in that unit? What is the specific…
A: Trading The exhibitor connection of buying, selling, or exchanging things, at either markdown or…
Q: 'm sure you have heard of the news concening a certain fast-food chain here in the Philippines.…
A: Almost everyone who works in the food service business and interacts with customers may encounter…
Q: Explain and assess a method by asking method decision tree is a decision questions in operations
A: It is a visual representation of a cloud gaming technique, device, or process. They are utilized in…
Q: What would you recommend as set of guidelines for students who want to work part-time
A: With tge increasing cost to pursue the higher education working part-time while studying has…
Q: Discuss the management controls to put in place to manage more effectively both production and the…
A: An organization in which the manager knows how to control and manage its employees is known as an…
Q: Discuss briefly the benefits of workplace diversity: Increase adaptability Broader service range…
A: When an organization creates its workforce based on numerous characteristics such as religion,…
Q: The welder focused on his work, and willing to work overtime, in order to earn more income for food…
A: According to Maslow (1943, 1954), people are motivated to satisfy special needs, and some needs take…
Q: Strategies on how to improve order accuracy in the restaurant. Discuss briefly the action/corrective…
A: The percentage of all digital commerce orders that are completed and transported to their ultimate…
Q: As an employee what kind of information would be necessary to be consistent in what the employees…
A: All businesses should give PPE preparing to every representative who is needed to utilize PPE during…
Q: management (learning curves) In Alcc ltd. The first 18 units takes 17 hours for production with…
A: A learning curve is a mathematical notion that illustrates visually how a process improves with…
Q: When a pay system links the attainment of certain goals or achievements directly to the employee’s…
A: A pay system - is the technique that is used to specify what work should pay & how much an…
Q: A perfectly cometitive firm is likely to have its elasticity value a). be in the inelastic range b).…
A: Elasticity is a concept in economics that estimates the degree of responsiveness of one economic…
Q: You have attended a meeting of your Organization on implementing a hybrid model of working for the…
A: A meeting was organised by the superiors of the organisation to discuss on the implementation of…
Q: The medical group spends $2000 on a marketing campaign, and as a result generates $10,000 in new…
A: THE ANSWER IS AS BELOW:
Q: Which of refers to studying a firm's past employment needs over a period of years to predict future…
A: Trend analysis, its purpose is to identify the trends that may continue into the future.
Q: What are machine learning algorithms good at? (MC) Pick correct answer: Finding and matching…
A: Please find the attached answer in step 2
Q: Cycle time is a(n) ________ perspective on the balanced score card. Group of answer choices…
A: In the balanced scorecard, cycle time, quality, employee skills, and productivity are part of the…
Q: What are the three main types of delays in terms of compensation and time adjustment. Briefly…
A: The delay means postponing or putting something for later.
Q: Create a SWOT analysis mind map for a project aimed at improving the teaching and learning services…
A: Make improving techniques as of SWOT study - Mind Map SWOT
Q: Outcome and operations are one of the three activities for thinking about analysis. True False
A: Thinking for analysis requires various different factors to consider before taking and coming to a…
Q: A manager looking at market share and purchase satisfaction measures is evaluating the (blank)…
A: Balanced Scorecard It was introduced for the first time in 1992 by David Norton and Robert Kaplan,…
Q: ONETARY CONSEQUENCES OF THE MEANS TO CARRY OUT THE VALUE PROPOSITION
A: A company's value proposition is the promise to provide consumers with the benefits they expect if…
Q: Which of these retail store personnel is in charge of deciding and organizing the available selling…
A: Merchandiser is a retail store personnel and is in charge of deciding and organizing the available…
Q: The techniques of operations research are _____________________ in nature. A. Probabilistic B.…
A: Operation management in an organization aims at providing the highest efficiency possible. It…
Q: Product needs to be developed much before developing the Business strategy Group of answer choices…
A: EXPLANATION:- By investment in new goods that promote sales and profit expansion, organisations can…
Q: Control of operations involves important decision-making and capability decision-making is one of…
A: Decision making is a process of choosing the best options among the alternatives available. It has a…
Q: Carrefour wants to give its stockholders a summary of its operations for the past calendar year.…
A: The stakeholders are the parties that have a direct or indirect interest in the performance and…
Q: Compare and contrast the use of interviewing and prototyping during the design process in terms of…
A: A prototype is the sample of a product that allows users to explore ideas and the intention behind a…
Q: Which of the following key terms represents the types of decisions made at the operational,…
A: All of these are correct.
Q: how the insert statement affect the whole process on the following entities: Business Software…
A: Insert statement is used in order to insert a value or add an instance to a given attribute. Here in…
Q: Your smartphone is a multi function tool you have on your hand. What equipment in the previous time…
A: Manufacturing can be defined as the process of making the final product by using the raw material…
Q: “Multisource feedback is a tool used to obtain feedback from individuals at various levels of the…
A: In an organization, it is important to collect feedback regarding the performance of the employees…
Q: Based on the course materials, what is the importance of monitoring potential savings in food cost…
A: The fundamental explanation most cafés can't deal with their accounts and endure misfortunes is that…
Q: Suppose you are running your business from the last 3 years. State decision making process in this…
A: The Decision-making process plays an important role not only in the business process but in daily…
Describe how is satisficing much more prevalent than optimising in actual practice ?
Step by step
Solved in 2 steps
- WHAT SHOULD A BUSINESS PRIORITIZE, PROFIT OR CUSTOMER RETENTION..EXPLAIN YOUR CHOICE .What role does allocating resources play in ensuring the implementation of business strategies for a business that sells gas-powered appliances?As an employee what kind of information would be necessary to be consistent in what the employees need to know about PPE?
- How should the available resources be put to use so that they may be used to fulfill the requirements of the consumer?What is meant by bounded rationality and its relevance to the decision making in the organisation.Describe how the use of a balanced scorecard can support continuous improvement in organizational effectiveness