1. Why are policies important? 2. How can managers effectively implement policies within an organization? 3. What is decision making?
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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.
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- Why is the management environment analysis important? What impact does this analysis have on decision making?What is the main role of Quantitative Techniques for Decision Making and its elements in helping the managers to make such decisions?A) Effective decision-making results ineffective results, discuss decision making steps and provide examples. B) Discuss various ways available to maintain the high ethical standards of an organization?
- What are the models of strategic decision making?Give an explanation of the importance of knowledge management in an organization's decision-making process, along with supporting justification.Quantitive and Qualitative how can they influence decision-making and how these results can help in setting strategic goals, change management, and market expansion?
- Discuss the different roles played by the qualititative and quantitiative approaches to managrial decision making. Why it is important for a manager or decision maker to have a good understanding of both of these approaches to decision making?What are the steps of effective decision making? Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How can managers improve their decision making skills?Explain comprehensibly the ways on how can we improve ourselves in terms of decision making.