For each scenario, discuss the following: - What is the issue (there may be more than 1)? • Who are the parties affected? • List and explain 2 alternatives for handling each situation o Discuss 2 pros and 2 cons for each alternative
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A: • A very healthy and influential impact of entrepreneurship has on economy of a country.
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A:
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A: Outsourcing can be defined as a business practice in which a company hires a outside party to perfor...
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A: Corporate Social Responsibility is a model by which the firms looks onto the social and environmenta...
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Q: issues that would create tensions
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A: A publicly accessed Enterprise Resource Planning(ERP) software is referred to as an open-source ERP.
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A: Business model is the layout that is prepared to guide the way of making profit and delivering value...
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- 1. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "One Examiner" is hired? 2. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "Two Examiners" are hired? 3. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "Three Examiners" are hired? 4. If she uses the Opportunity-Loss (aka minmax regret) strategy, how many new examiners will she decide to hire?1) A mechanistic structure is highly suitable for an organization operating in an environment with very high levels of uncertainty True False 2) In scenario-based planning, managers focus on various scenarios that present alternative pictures of what the future may look like and how the firm would like to respond to each scenario True False 3) An organization's external environment is defined as everything that exists outside the boundary of the organization and has the potential to affect all or part of the organization. True FalseJackie and Sandra began a long-term-care consulting firm 5 years ago in a retirement region. They now have six employees: two RHIAs and four RHITs. They now have consulting contracts with 35 long-term-care facilities and have developed a reputation for excellence.During a meeting with employees, Jackie and Sandra commended them for the effort each had contributed to the success of the firm. In planning for the future, Jackie and Sandra then asked the employees to share with them ideas on expanding the business by revising the vision. One option they had discussed and now shared was that of expanding their geographic region into another state. This would mean actively marketing to long-term-care facilities beyond their present region and hiring additional staff. Bryan said he had been listening to employee conversations at a nearby hospital and learned that there was a need for additional home health care personnel and resources in the region. Hospital utilization management staff…
- Miriam and Devon are both upper-level managers, but have very different decision-making styles. Please name and describe in your own words four decision making processes that could be used to guide their decision making. In addition, provide and explain in your own words 10 ways in which their decision could, in general, be derailed or hindered, and explain each.Decision making is a fundamental management function. In the light of this statement, define and explain including all the 3 approach of decision making (rational, behaviour and practical), with examples, all the views on how managers make decisions. Explain with Examples.Provide two recommendations that you think Estee Lauder should taketo strategically advance itself. One should be short-term (6 months – 3 years), and one should be long-term (3 – 5years). You need to thoroughly explain each recommendation, and you need to provide recommended action stepsfor each goal – you are the consultant, so they need your guidance on this. Explain why you are giving theserecommendations and why you think they will help the organization.
- Questions 1. Was Joseph right in expecting Henry to check the work of his department? Why? 2. How did the situation between Joseph and Henry develop? 3. What could Praveen have done to prevent or correct this situation? 4. How do you think Praveen would handle the problem now? 5. What kind of human relations approach should Praveen take to rectify and prevent such problemsJackie and Sandra began a long-term-care consulting firm 5 years ago in a retirement region.They now have six employees: two RHIAs and four RHITs. They now have consulting contractswith 35 long-term-care facilities and have developed a reputation for excellence.During a meeting with employees, Jackie and Sandra commended them for the efforteach had contributed to the success of the firm. In planning for the future, Jackie andSandra then asked the employees to share with them ideas on expanding the businessby revising the vision. One option they had discussed and now shared was that ofexpanding their geographic region into another state. This would mean activelymarketing to long-term-care facilities beyond their present region and hiring additionalstaff.Bryan said he had been listening to employee conversations at a nearby hospital andlearned that there was a need for additional home health care personnel and resources inthe region. Hospital utilization management staff expressed…In applying management science tools, a decision-maker commonly use the 7 steps. What are those? Lists and give examples to each steps. Requirement: The examples should be a scenario or a case
- a. What are the ethical theories and approaches for decision making? Explain.Ethics is a conception of right and wrong behavior, defining for us when ouractions are moral and when immoral. A business is considered to be ethical only ifit tries to reach a trade off between pursuing economic objective and its socialobligations. b. Explain various ethical theories? sir kindly give me introduction ,explanation and conclution. thank you.General Motors planned to essentially quit making cars and trucks for nine weeks from mid-July through Sept and CC Power planned to close one of its nuclear plants permanently. Based on these particular news reports, what is the differencebetween GM’s and CC Power’s decisions?a. CC Power was trying to get rid of excess inventory, and GM was trying to become more efficient.b. GM was trying to maximise profits while CC Power was trying to minimise losses.c. GM’s decision to idle plants was a short-run shutdown decision. CC Power, by contrast, made a long-run decision toexit a specific market.d. There is no difference between GM’s and CC Power’s decisions; both were trying to get rid of excess inventoryTony and Noel are two engineers who co-founded a technology company in 2004 based in the Midlands in the UK, Alpha-Z Ltd. Tony is The Chief Executive Officer CEO, and Noel is the Chief Technology Officer CTO. The company originally focused on hardware engineering by fitting high quality screens and projectors for tradeshows and events. Alpha-Z in its early days had 90% of employees from hardware engineering background. In 2010 the cofounders appointed a strategy director Ben, who comes with streategy and management consulting background, as well as the appointment of Sarah as HR and career development manager, as the company wanted to grow further and move toward service provider and solutions with higher value creation than buying off-the-shelf ready-made products and reselling them. Now the company operates globally with offices and facilities in the Middle East, US, China and across the UK, making video games and implementing theme park attractions globally. In April 2021, Alpha-z…