Explain comprehensive rationality and give example

Q: iscuss the role of adabtibility of an organization in achieving sustained compatitive advantage

A: Competitive advantage refers to those factors of a company that allows it to produce goods and…

Q: Explain in your words the ADIA model importance and provide an example to express your understanding…

A: The ADIA stands for Attention, Interest, Desire, and Action figure is a promoting effect model that…

Q: Describe Outline the steps in the decision process.

A: The Decision-making process is a step-by-step efficient way to make informed and thoughtful…

Q: explain the Markov model process, its use in making a business decision.

A: Markov model can be simply explained as the model which is used for defining future actions based on…

Q: What is the Prosci ADKAR Model? How does it work?

A: Prosci ADKAR Model: Indiorganizationse, not organisations. Regardless of the size of the project,…

Q: Write one advantage and disadvantage of Multiple Choice Questions ?

A: Multiple choice questions are those questions that have many options to answer and one correct…

Q: State and discuss the goals of Marketing Systems and give example for each goal. • Maximize…

A: Ans. Marketing system involves coming together and involving in the sale and purchase of goods and…

Q: Define the term Interfunctional view?

A: The inter-functional view is used by manufacturing companies to keep the process in control. It is…

Q: Describe rational decision making

A: Rational Decision making refers to making decisions by leveraging the quantified data, logic, and…

Q: What is the principle agent problem?

A: The principal is the less-informed player in an exceedingly principal-agent game of asymmetric…

Q: Who is the author of Acquire, Convert, Retain and Grow theory? and when it is published.   Also…

A: The center of every business is a consumer. Consumer behavior is an ongoing changing phenomenon and…

Q: what is concept of systems thinking and how it relates and reinforces the scenario planning process.

A: Systems thinking is a comprehensive way to deal with the examination that spotlights in transit that…

Q: How clear is the basis of evaluative appraisal?

A: PERFORMANCE APPRAISAL: Performance appraisal is the process of evaluating the overall quantitative…

Q: dean hands a void contrect franciel essets

A: Since you have asked multiple questions, we will answer the first question for you. If you want a…

Q: A decision table facilitates conditions to be related to actions explain?

A: A decision table facilitates conditions to be related to Actions.

Q: Describe Ethical Decision Making?

A: Ethics -  The word ethics is derived from the Greek work Ethoes which means to characteristics. It…

Q: Explain what is a decision making unit and how does it vary by purchase situation?

A: A buying center, alternatively referred to as a decision-production unit (DPU), brings together…

Q: Explain the DECISION TREES?

A: A decision tree is a graphical representation of all the possible outcomes under different…

Q: Briefly introduce heuristics, metaheuristics and the TSP

A: Heuristics A heuristic technique, or a heuristic is any methodology to problem solving or…

Q: Hypothetical deductive method

A: The hypothetico-deductive model is considered by some to be the hallmark of scientific research…

Q: How does prices increase of all commodities and services affects your family buying behavior…

A: Customer buying behavior  - The process depicts the decision-making and actions of a customer while…

Q: analyze historical evolution of OM from the ten decision areas view point.

A: Operations management is a management area where the designing and controlling part of the…

Q: Explain Four (4) keys components essential for any ethical decision making.

A: Ethical decision-making means choosing the best alternative without doing any false activity.…

Q: What is rule-utilitarianism? What’s the basic difference between “act”-utilitarianism and…

A: Ethics refers to the guidelines and the set of beliefs that promotes the right actions and…

Q: What is meant by bounded rationality?

A: It is a new age concept of behavioural economics

Q: What factors are important in understanding this decision situation?

A: Decision making Decision Making is that situation where there is a need to make a choice and…

Q: Apply different career decision-making theories to a real life examples

A: So we can say that where I think every person has a unique set of interests and skills: different…

Q: Identify the six steps in the decision process.

A: A process of making a clear choice about what is the best option to make a decision is known as…

Q: What is the difference between hedonic and utilitarian needs? Suppose you have to market medicated…

A: There are various reasons behind in purchase. There are different motivations that motivate and…

Q: Six steps in problem solving and explain three

A: The steps involved in problem-solving are as follows: Define the Problem Determine the Root Cause…

Q: How do you feel about Maslow's hierarchy of needs? How can Maslow's hierarchy of needs be applied to…

A: Dr. Abraham Maslow formulated a widely acceptable theory of human motivation, based on the notion of…

Q: Benefits and Costs of Buying vs. Renting Reem & Kareem are trying to decide whether to rent or…

A: 1) Does the home buyer enjoy tax advantages? Explain. Yes, the home buyer enjoy tax advantages,…

Q: Identify and discuss the steps in rational decision-making process.

A: The process of making choices by gathering information and assessing various alternative solutions…

Q: Find and discuss business examples of overcapacity andundercapacity

A: Overcapacity and under capacity lead to disruption of processes in a production process if the…

Q: Differentiate Goal-driven from Vision-Driven. and provide a scenario

A: In Vision, a path is unidentified in which one imagines and wishes to accomplish. This is the place…

Q: Identify two categories of ethical concerns withartificial intelligence.

A: Solution - Introduction  [1] Ethical Concern in Business - In business, ethical difficulties occur…

Q: Construct and apply Pareto Principle in real life situations. Explain and validate further your…

A: The Pareto Principle specifies that 80% of the consequences come from 20% of the causes, asserting…

Q: What are some examples of decision patterns used in manufacturing processes?

A: DECISION PATTERN: The set of decisions made before and throughout the execution of a process is…

Q: Explain a positive and negative externality that you have recently consumed. Please relate your…

A: Positive externality- Positive externalities occur when the effects of a decision not taken into…

Q: Under what conditions will individual incentive plans work best? Explain your answer.

A: Incentive schemes are a part of employee compensation plans. An incentive is an extra remuneration…