In what way does strategic decisions different from other kinds of corporate decision?

Q: Why do economists say that people tend to be risk-averse?

A: Different individuals have different preferences towards risk or uncertainty. Most individuals are…

Q: Why BPOs are so named?

A: The sub-contraction of business operations to a third party or vendors is known as Business Process…

Q: challenges that leaders and other decision-makers face in organizational environments that involve…

A: In the organization, one would be experiencing the challenges of the leaders and the decision…

Q: If you were a real estate agent, how would you determine whether it’s worth investing a significant…

A: Real estate agents are those individuals or persons who deal in the business of renting or selling…

Q: Can employees, managers, and executives have too much information?

A: When a system's processing capability is exceeded by the amount of data it receives, information…

Q: How do you apply managerial decisions to production decisions?

A: Decision making is significant for maintaining a business undertaking which faces countless issues…

Q: Does the decision you choose turned out to be effective?how?

A: Effective decision : It is defined here as the process through which alternatives are selected and…

Q: Why is the government sometimes a part of the problem of coordination failure rather than the…

A: Coordination is maintained when all the members of a group cooperate with each other in order to…

Q: what is altruism in business?

A: Altruism is defined as operating in the best interests of others rather than one's own.

Q: Explain what is the risk premium?

A: A risk premium is the return in excess of the risk-free rate of return an investment is predicted to…

Q: Apply decision making process/model to your decision to attend college

A: The decision making process is a day by day business activity for any individual or company.…

Q: Ultimately what action would you recommend the company undertake?why?

A: If the company is going to shut down,ultimately it will try to decrease cost and think of raising…

Q: Does owning a share of stock in a company makes you a major decision maker for that company?

A: Owning a share of stock in a company makes you a shareholder, but you can't interfere in day to day…

Q: What is cost leadership strategy advances?

A: In a market, there are different strategies used by the firms to gain competitive advantage such as…

Q: High risk, high reward; low risk, low reward; no risk, no reward.” In the required rate of return,…

A: The measure that depicts the gain or loss of an investment over a certain time period that is…

Q: Give an example of a risk premium?

A: The expected risk-free rate of return on an investment is known as the risk premium. It is also the…

Q: Why do we prefer a shorter payback period if other things are equal?

A: Payback period is the time required to cover the cost of the investment or the time required by the…

Q: Write the types of Strategic Engineering Economic Decisions?

A: According to the engineering economic decision, all the investment decisions are related to…

Q: persoanility type: https://www.16personalities.com/esfp-strengths-and-weaknesses 1. identify which…

A: Entrepreneur indicates an individual who actually invent his or her business by using his or her…

Q: What is the Decision Rule?

A: The decision rule is used extensively in statistical research, particularly in hypothesis testing. A…

Q: What single question is the most powerful for solving ethical dilemmas?

A: Answer Can be mentioned that the single question that is more powerful in solving ethical dilemmas…

Q: To what extent do ethical norms reflect a company’s dedication to the Triple Bottom Line?

A: In finance, when we discuss an organization's bottom line, we normally mean its benefits.…

Q: Why is business ethics a strategic consideration in organizational decisions?

A: The business works ethically by doing what is right to do. Ethics are the norm or principles which…

Q: How much control over decisions do the owner of corporation have?

A: It is the shareholders who own the corporations. The shareholders collectively have a great extent…

Q: A news story criticized corporate ethics codes, saying that they had no impact upon corporate…

A: The essential components of a code embody assurances of support for the policies from structure…

Q: Making decisions under conditions of uncertainty involves what factor?

A: A decision under uncertainty is when there are numerous questions and no chance of realizing what…

Q: how "framing effect" in economy from behaviorual economy affects managers decision making for…

A: Business requires production. Production activities around the world have increased due to growing…

Q: Nash

A: Nash equilibrium depicts a set of strategies, where given that one will do its best providing the…

Q: Explain traditional or behavioral economic beliefs

A: Traditional economy is a system in which economic decision are taken on the basis of custom,…

Q: True or False: If you make sound financial decisions, you'll be able to live within your means. True…

A: Sound financial decisions are very important for a healthy and risk free life. It includes, making…

Q: Define market value. How do you differentiate it fromintrinsic value?

A: Market value is the value of a good which is determined by market forces ie demand and supply. It is…

Q: Discussion Prompt: What are the limits of rational decision-making?

A: Introduction People with complete information and the ability to objectively evaluate alternatives…

Q: As an investor, how do you diversify against risk?

A: Diversification means allocating funds to various financial instruments that have different risk…

Q: If you are evaluating a company, then would you need to use the CAPM model or do your prefer a…

A: The capital asset pricing model (CAPM) refers to a financial theory that proposes a linear link…

Q: Analyze the role of employees, change strategy, and the management in reducing chance resistance.

A: In an organization or a business entity, the key roles are played by the employees, a business will…

Q: I got this wrong. I chose option D. What is the correct one and why?

A: Answer to the question is as under:

Q: Two restaurants are on the same block. One has been opened for 10 years and is a thriving business.…

A: The answer is as follows:-