comes to an end with the actual implementation of a decision Select one: a. Decision making O b. Planning O c. Çontrolling
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A: Controlling
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- If a goal is SMART, it will be measurable. Question 23 options: True False If Disney allows for an extra two weeks between when a new cruise ship is supposed to be finished and its first scheduled cruise, they are engaged in ________, but they would be engaged in ________ if the ship suddenly sank as it was launched. Question 24 options: A) contingency planning; crisis management B) contingency planning; public relations C) crisis management; contingency planning D) crisis management; crisis management E) none of theseWhich of the following would be an advantage of using a qualitative approach to managerial decison-making? a. The linear program indetified the optimal solution for profit relating to the sales forecast b. The breakeven analysis indicated that purchasing a machine would increae profitability c. The sales staff is often aware of sutomer's future plans d. Sales people are least likely to be influenced by recent events e. Sales people are least likelyto be biased by sales1) what is the Importance of problem formulationProblem definition & project objectives2. what are the steps in data science (analytics) problem solving approachExplain basic steps & important aspects
- What is Budget Vs. Actual? Why is it Important? What Causes the Variance? What is the implication of having a good variance-analysis in the company?(10 sentences)Need asap 27. Setting the organization's goals and deciding how best to achieve those goals is defined as A. Organizing B. Planning and decision making C. Controlling D. LeadingCRISIS ITIn May 2007, Frontier Airlines Holdings hired Gerry Coady as chief information officer (CIO). Nearly ayear later the airline filed for bankruptcy under Chapter 11. In an interview, Coady describes how hemanaged IT projects during the bankruptcy and recession crisis of 2008–2009.Fundamentally, Coady faced a situation of too many projects and too few resources. Coady used astrategy of focusing on reducing the number of projects in the portfolio. He put together a steeringcommittee of senior management that reviewed several hundred projects. The end result was a reductionto less than 30 projects remaining in the portfolio.How Can You Get to a Backlog of over 100 Projects?“There are never enough resources to get everything done.” Backlogs build over time. Sacred cowprojects get included in the selection system. Projects proposed from people who have left the airline stillreside in the project portfolio. Non-value-added projects somehow make their way into the projectportfolio.…
- 9 _________is a continuous process which helps in planning, coordination and control. a. All of these b. Budgetary control c. Budget d. BudgetingGoal congruence is (CPA Adapted) The desire and the commitment to achieve a specific goal The extent to which individuals have the authority to make decisions O The extent of the attempt to accomplish a specific goal O The sharing of goals by supervisors and subordinates1. The Importance of Planning: 000 Planning is a fundamental aspect of achieving goals and objectives. Whether in personal endeavors or professional projects, a well-thought-out plan provides a roadmap for success. It helps in organizing tasks, allocating resources efficiently, and anticipating potential challenges. Without a solid plan, individuals and organizations may find themselves navigating through uncertainty and facing unnecessary hurdles 2. Strategic Planning in Business: In the business world, strategic planning plays a pivotal role in shaping the future of an organization. It involves setting clear goals, identifying key performance indicators, and formulating strategies to achieve them. A well-crafted business plan not only guides day- to-day operations but also facilitates adaptability in a dynamic market. How do successful businesses strike a balance between detailed planning and the need for flexibility in today's fast-paced environment? 3. Personal Planning…
- Test IV. It is posited that there are varying assumptions of the O&M Theories from theClassical to the Modern view. Based on the these several assumptions, answer thefollowing:A. Explain how the varying assumptions of the O&M theories, from the classical to themodern view, have affected the authoritativeness or participativeness in doing planning,organizing, staffing, leading, and controlling.B. Make a brief analysis on how the changing assumptions of the O&M theories, from theclassical to the modern view, have influenced or affected power and authority relations,the span of management and eventually the over-all structure of the organization.13- Mazin was planning to open a restaurant in Salalah at the beginning of the Khareef season. But, due to Covid 19, he could not start his restaurant. This indicates that a. Mazin has chosen a bad business idea b. Mazin has a low level of dedication c. Mazin lost the window of opportunity d. Mazin does not have planning skills10.a. In a shop that participates in a formalized preventative maintenance program, the _______ isresponsible for adjusting the PM schedule when a component fails more frequently than its currentinspection interval.A. maintenance engineerB. program administratorC. shop general foremanD. shop supervisor10.b. Which one of the following isn’t a goal of a PM program?A. Limit downtimeB. Save a company money on maintenance so that the cost of its products stays competitiveC. Keep a machine running within its specificationsD. Use fewer repair parts and less time to install those parts10.c. Which of the following tasks is an uptime PM task that can be performed while the machine is runningduring production?A. Checking the motor starter contacts for burned and pitted areasB. Checking for excess noise or vibration on the machineC. Checking the condition of the couplingD. Tightening electrical connections