What dangers does a company face if it focuses only on tactical decisions?
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What dangers does a company face if it focuses only on tactical decisions?
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- How does IT help a company's business processes and decision-making while still giving it a competitive advantage?How does risk management factor into decision-making at various levels of an organization, and what strategies can be employed to mitigate risks while pursuing innovation and growth?How can strategic decision making can be enhance or improved in uncertain times
- given that people rarely use a company’s code of ethics to guide their decision making, what good are the codes?how does decision making is important in the business world?Using all possible sources of information including the case, the Internet, and direct contact with heavy farm equipment machinery dealers, develop what you think the decision-making unit looks like for a heavy farm equipment machinery purchase, such as a tractor. Does its size depend on the size of the company or other factors? Explain
- Discuss in about 200 words the Hierarchy of the information- based business decision makers. Which level has the best chance of success and whyHow does analytics aid in business decision making? Explain in detail with respect to strategic, tactical, and operational decisions.Your new company must plan for adaptability and alignment both internally and externally due to a crisis and other unexpected events, such as a mortgage crisis, a fire, IT system failure, loss of a major customer, loss of suppliers, union strikes, or terrorist attacks. How do you identify a crisis that Kibbles and Bits may experience, and explain how Kibbles and Bits would adapt and align in this crisis?