Select an organization in UAE and apply the following tasks on it: 1- Analyse the process of decision-making. Subsequently, evaluate how decision promote the innovativeness of the selected organization. 2- Examine the role of high quality decision in improving organization performance. 3- Recommend strategies that can promote the innovative culture and innovative work behaviour of employees
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- Question 1. 1. (TCO A) Describe a global present daybusiness that has been under pressure to perform better due to competition fromcompetitors and has transformed successfully using information systems as thekey driver or component. Question 2. 2. (TCO B) Describe the decision-making processand how good information systems support business intelligence and businessanalytics. Use a present day organization, and discuss the businessintelligence and analytics used by the organization. Question 3. 3. (TCO C) Evaluate the tools, technology, andtrends that make databases useful to corporations. Provide an example of acorporate database and how your tools and technology would be used in the organizationof your choice. Question 4. 4. (TCO D) An organization wants you to overhaulits connectivity both domestic and abroad. Describe in detail how you wouldapproach topics, such as infrastructure, what topology, communication,wireless, and security. Question 5. 5. (TCO E) Describe a present day…The global business environment is becoming very complex and dynamic. Managing in such an environment often requires modern solutions for organisations to effectively respond to constant change and competition. The management’s understanding of complex connections between various elements of a system and responding in a strategy manner can remedy this situation. Therefore, when planning and making decisions, many factors should be taken into consideration and their interdependencies should be appreciated Select any organisation that you are familiar with, and act in the capacity of a Business Development Executive, hired to assist your organisation to effectively implement different strategic approaches in order to easily adapt to continuous change in a dynamic business environment and achieve sustainable competitive advantage. Developing a comprehensive discussions document for presentation during your next strategic planning meeting.The document should provide sufficient reference to…Give an explanation of the importance of knowledge management in an organization's decision-making process, along with supporting justification.
- 37 The five ways how managers make decisions are A. rational decision making, escalation of commitment, bounded decision making and evidence-based management,crowdsourcing B. rational decision making, bounded rational decision making, intuitive decision making and evidence-based management,crowdsourcing C. rational decision making, irrational decision making, bounded decision making and intuitive decision making,crowdsourcing D. rational decision making, bounded rational decision making, escalation of commitment and intuitive decision making,crowdsourcing E) none of the above1. The most powerful cause of a person’s needs, wants and behavior.A. Attitude B. Behavior C. Culture D. Discipline 4. A key to build a sustainable competitive advantage.A. Employer B. Manager C. Team Leader D. Employee 7. All are included in a Strategic Management tasks performed in a retail firm except;A. Identify the Target Market B. Develop a Retail strategy C. Budget Planning D. Select Location 10. A place organized to implement specific business operations of the Retail Organization.A. Market B. Income C. Business D. Location 13. All are included in a Merchandise Management tasks performed in a retail firm except; A. Buy Merchandise B. Merchandise Strategy C. Price Merchandise D. Control Merchandise Inventory 14. The Most valuable resources in Retail business organization.A. Financial Resources B.…In times of Covid 19, XYZ Ltd., a company dealing in car accessories is not happy with their current scenario and want consider alternative approaches. Can you please guide them about what is contingency approach and how will it help them?
- 6. A company wants to add Urban Transport Business to its portfolio. It is proposing a minimum of 100 buses to run on Ten major cities in Ghana The New Business Concept Statement tested positive with sampled population. The feasibility analysis also looks good. You have been consulted to advise on whether or not to go on with the business investment. Using the five competitive forces model, analyse the industry to show its attractiveness or otherwise under the following heading: (a) Threat of substitutes (b) Threat of new entrants (c) Bargaining power of suppliers (d) Bargaining power of buyers (e) Rivalry among the existing firmExplain and provide a clear statement of the main problem, issue, challenge, etc., Abu Dhabi National Oil Company as well as internal constraints and/or external trends they have. determine the appropriateness of the company's strategy (articulated in the company profile section) for its situation (issues that it needs to deal with articulated in the situation analysis section) and clearly explain how the strategy (or parts of the strategy) does or does not fit with the situation (or with other parts of the strategy). Recommend a coherent package of changes to the company's strategy and specific steps to implement them. Explain and justify your recommendations. In addition, explain and justify the aspects of the company's strategy that they should remain the same.Please explain the types of decisions in your own word. Give one example of each
- Can you assist with the question that follow the scenario. The product is a fruity sunscreen to the tourists. Scenario:A group of University students are considering opening a new business in the Tourism sector. The product or service is a novel idea in the Tourism Sector. Notably, the tourism sector is known to be competitive. As a result, it is important for organizations to be aware of their a lternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage. The group is also considering utilizing the strategy formulation framework to aid in developing the company and its novel products. The group is aware that there are certain habits that strategic leaders must encompass but are not sure what they are. The team is aware that they would face potential issues within strategic implementation and would like to understand how this can be remedied. 3. Based on each category of alternative organizational Strategies as…Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse course. Refer to Highlight, “Unanticipated Consequences at FedEx”. What factor(s) led to reversal of the new scheduling system?Multiple ChoiceRestrictions on international air space were not accounted for in the decision making.The cost of upgrading the technology infrastructure was cost prohibitive.The new system contained assumptions that did not consider critical factors such as changes in time zones, travel time across hemispheres, and pilot flying hours.There was an inadequate number of aircraft to accommodate the new schedule.1. What is benchmarking? And how should it be implemented? 2. Define three common decision-making biases and give an example of each.