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!
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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!
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- 2.1) Explain the importance of the management environment analysis and its impact on decision-making in a company like Eskomthe Hierarchy of the information- based business decision makers.Which level has the best chance of success and why? the 3 Hierarchies are top tier visionaries, middle tier standarised decison makers and the base tier intuitive decision maker. Explain them and explain which level of these has the best chance of success and why? need to know advantages as well please Thank you.Q1(a). Discuss briefly why ethical decision-making is essential in an organization. Q1(b). Identify three (3) companies (internationally, regionally or locally) that were cited for ethical violations in their business operations, and give a brief account of the violation and how the organization and the stakeholders were affected
- Lack of sufficient information about environmental factors that can affect the organization can result in in 'Environmental Uncertainty.' Such environmental uncertainty makes it challenging to take startegic decisions because in such cases it is very difficult to predict how the external environment will change in the future. True FalseAs a manager, when you are making decisions for the company, you need to consider the distinction between how the decisions will impact the company in the short term and in the long term. Describe the information needed to make these decisions. What tests can you run to help make your decisions? Justify your answer..Your Task 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 What is your conclusion? Discuss the best way to handle each situation - use reasoning to justify your decision Situation You manage a catalog phone center|where each of your 20 workers answers phones all day in one of four cubicles. You have just received another complaint from one of the women in the department. She is disturbed because one of the workers in her cubicle has put pictures of women in bathing suits up all over his workspace. She finds this offensive. She had asked him to remove the pictures, but he refused. This is the second time a complaint of this nature has taken place. Last time you switched him to another cubicle.
- 1- What three guidelines help management accountants provide the most value to managers? 2- Where does the management accounting function fit into an organization’s structure? 3- When is a revenue or cost item relevant for a particular decision? 4- What is an opportunity cost and why should it be included when making decisions? 5- How can conflicts arise between the decision model used by a manager and the performance evaluation model used to evaluate that manager?3.2 Match each of the following NEMA principles on the left of the table with its definition, example or closest related issue on the right of the table below. In your answer book, write down the number of each term, and next to it the letter representing the correct option e.g., 1. J 1. Cradle to grave a. it is not fair that the innocent should pay for the pollution caused by others. |2. Polluter pays b. The environmental impact of the production, use and disposal of a product should be considered. | 3. Precautionary principles 4. Environmental justice c. Cleaner production d. Where there are threats of serious or irreversible damage (e.g global warming) then the fact that some scientists may disagree on the exact consequences of it should not be used as a reason to postpone cost-effective measures to prevent such degradation. 5. Waste prevention and minimisation e. Is it fair that the poorest often stay closest to waste disposal dumps, heavy industrialised areas and other sources (or…1. Why are policies important? 2. How can managers effectively implement policies within an organization? 3. What is decision making? 4. Explain the different types of decisions and give an example for each type.
- Complete a case analysis of Microsoft. This requires that you conduct research on Microsoft beyond the case study material in the textbook. In the case analysis, you will look at the situational analysis, problem, and alternatives, and you will provide a recommendation. Refer to the instructions below as you construct your analysis. Situational Analysis Discuss the external environment through the compilation of a PEST (political, economic, sociocultural, and technology) analysis. Discuss the internal and external environment through the compilation of a SWOT (strengths, weaknesses, opportunities, and threats) analysis. Problem Identify at least one organizational problem that Microsoft is currently having or one that you project it will have in the future. Base this on your research and critical thinking. Alternatives Compile three or four potential marketing-related solutions to the problem above. Remember that these are potential alternatives; you will not select all of the…123) How does awarding managers stock options help align the goals of managers and stockholders? a) If top management has stock options that become valuable at a particular price (higher than the prevailing markets price), management will b incentivized to improve company performance so the option can be exercised at the higher price b) Stock options guide managers in allocating funds for training c) If top management has stock options that become valuable at a particular price, they will be incentivized to buy and sell stocks d) This will help the managers and stockholders learn to work with each other as the managers will look to stockholders for advice on stock handlingWe typically make decisions by relying on one or more of the following: 1) Our gut instinct. 2) Our experiences. 3) Our education. What is the value of the Business Analytics course in your current or future business area and how will it improve your decision making?