can you find pro and cons on this statement? And please explain in detail. Companies in cultures which have an emphasis on power and hierarchy are more likely to centralize decision making
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Hi, can you find pro and cons on this statement? And please explain in detail.
Companies in cultures which have an emphasis on power and hierarchy are more likely to centralize
decision making
Step by step
Solved in 3 steps
- What are the benefits and drawbacks of centralized versus decentralized decision-making in an organization, and how can a manager determine which approach is best for their particular situation?(a) Discuss the various types of decision-making models with particular relevance to an organization of your choice.What are the advantages of a line organization in terms of decision-making and accountability?
- Why the Values- or Ethics-Based Decisions is an important step in the decision-making process? Explain this term in 6-8 sentences.How effective delegation of work and decision making can possibly be done?Describe the behavioural nature of decision making. Be certain to provide some detailsand examples about political forces, intuition, risk propensity, ethics, and escalation ofcommitment in your description.
- Give the guideline, to prevent the appearance of collective thinking in decision-making meetings?According to this case study, what are the CEO bias's that may have entered the decision making process?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?
- How can a well-defined organizational structure and organization culture be beneficial under current circumstances but lead to future challenges with regard to decision making, including actual or hypothetical illustrations which support your views?Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making?Discuss the different roles played by the quantitative and qualitative approaches to managerial decision making.Why is it important for a manager or decision maker to have a good understanding of both of these approaches indecision making?
