How does managerial decisions traditions affects the performance of a company? explain further
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How does managerial decisions traditions affects the performance of a company?
explain further
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- 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!Is managerial and personal ethics relevant to managerial decision making? Discuss your answer.What are the basic characteristics of managerial decision-making?
- Discuss how the three internal governance mechanisms are used to align the interests of managerial agents with those of the firm's owners. Why is this so critical in today's business climate where the ethics practiced by firms are constantly being scrutinized?How do biases affect managerial decision-making?How does effective decision-making contribute to managerial success, and what factors should managers consider when making important business decisions?
- How does organizational structure impact management decision-making and overall performance?What are the ethical considerations in management decision-making, and how do they influence the reputation and success of an organization?What is the impact of social and cultural factors on management practices, and how can managers navigate these factors effectively?
- EXPLORE THREE 3 MINTZBERG MANAGERIAL ROLES THAT WILL BE NEEDED WITHIN THE CHOSEN ORGANISATION TO OPERATE EFFECTIVELY.Explain how several current environmental forces are affecting and will affect organizations and organizational structures’ effectiveness and efficiency in the near future? Identify various factors that shape a manager’s ethical decision making, including levels of moral development.What responsibilities do managers have towards people within the organization? How do they express these responsibilities?
