1. Why are policies important? 2. How can managers effectively implement policies within an organization? 3. What is decision making?
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1. Why are policies important?
2. How can managers effectively implement policies within an organization?
3. What is decision making?
4. Explain the different types of decisions and give an example for each type.
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- 2.1) Explain the importance of the management environment analysis and its impact on decision-making in a company like EskomBIBT HUMAN BEHAVIOR IN ORGANIZATIONS FALL I 2022 ASSIGNMENT #4 1. Why are policies important? 2. How can managers effectively implement policies within an organization? 3. What is decision making? 4. Explain the different types of decisions and give an example for each type.A) Effective decision-making results ineffective results, discuss decision making steps and provide examples. B) Discuss various ways available to maintain the high ethical standards of an organization?
- 1. What are structured, unstructured, and semistructured decisions? Provide an example of each. Why is it important to understand the structure of decision-making when solving business problems?Why is the management environment analysis important? What impact does this analysis have on decision making?Faced with the increased costs of delivering DVDs by mail and streaming online content, clearly Netflix had to take some action. Describe the decision-making process need to have advised Netflix management to follow?
- What is the main role of Quantitative Techniques for Decision Making and its elements in helping the managers to make such decisions?Why is decision making often described as the essence of a manager’s job?Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision?How can managers improve their decision-making skills?MANAGERIAL ECONOMICS 7. Make a complete description of the various risks and uncertainties faced by the company and ways to overcome them; give 2 (two) concrete examples of business decisions that anticipate risks and uncertainties!
- What are the implications for a manager of making decisions without considering the components of the management process? When answering you must:to. Explain what the decision-making process consists of.b. Establish the parts that make up the administration process and how these impact the decision making of a manager in an organization.What is the role of counterfactuals in strategic agility in business? How is counterfactuals used in organization's decision-making?What are the four personal decision styles used by managers? What are the biases that frequently cause managers to make poor decisions? What are some of the innovative techniques managers can use to make decisions? Describe at least two techniques.