Answered: Does current structure have a positive…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Employers will need to ensure remote workers are on the same page and have the right technologyand collaboration tools for flexible work such as connected information systems. Describe the key attributes of anorganisational decision support system (ODSS) and SIX (6) common strategies that can be utilised to sustain thecompetitive advantage of a business.
A company has three (3) branches in Ghana – Wa, Kumasi and Accra. The manager of the Kumasi branch has been found guilty of gross infractions in the business and has been forced to resign. During investigations into the allegations levelled against the Manager at the Kumasi Branch, the CEO discovers that company level cohesion is low. Required:What organizational structure would you recommend for the company to help improve interaction between staff in all branches and why?
When comparing centralized versus decentralized management of IT resources, what do you see to be the advantages and disadvantages of each?
How do you propose a framework for how HP could address expected and unexpected disputes? How do you include plans for how you would utilize the following to resolve disputes?
Management is a multifaceted discipline encompassing various principles, theories, and practices aimed at efficiently coordinating resources and guiding organizational endeavors towards predetermined goals. Effective management involves a blend of strategic planning, organizing. leading, and controlling activities to optimize productivity, enhance efficiency, and foster innovation within an organization. It requires adept leadership skills to inspire and motivate teams, cultivate a positive work culture, and resolve conflicts constructively. Additionally, managers must possess strong decision-making abilities, analytical thinking, and problem-solving skills to navigate complex challenges and capitalize on opportunities in dynamic business environments. They are tasked with aligning the organization's objectives with its resources, including human capital, financial assets, and technological infrastructure, to achieve sustainable growth and competitive advantage. Furthermore, effective…
Management is the process of planning, organizing, directing, and controlling resources to achieve organizational goals. It involves making decisions, setting objectives, allocating resources, and overseeing activities to ensure that they are carried out efficiently and effectively. Effective management requires strong leadership skills, communication abilities, and the ability to motivate and inspire others, Managers must also be able to adapt to change, solve problems, and make decisions quickly in order to keep up with the dynamic nature of modern business environments. Additionally, successful management involves fostering a positive organizational culture and building strong relationships with employees, customers, and other stakeholders. Question: In what ways can managers cultivate innovation and creativity within their teams while still maintaining productivity and efficiency?
How do different decision-making patterns impact the overall effectiveness of management within an organization?
Management is the art and science of efficiently and effectively coordinating resources, people, and processes to achieve organizational goals. It encompasses various functions, such as planning, organizing, leading, and controlling, which are essential for the smooth operation of businesses and institutions. Good management ensures that tasks are delegated appropriately, resources are utilized optimally, and employees are motivated and guided to perform their best. How can organizations strike the right balance between centralized control and decentralized decision-making to maximize efficiency and innovation?
According to a recent report by Gartner, most business users will have access to some kind of self-service BI tool within the next few years. However, Gartner predicts that less than 10% of companies will have enough data governance practises in place to prevent data inconsistencies across the organisation. Why do you think so many companies keep buying new analytics tools without putting in place control programmes that make sure the data is consistent?
How can managers use perceptual organization principles to improve decision-making processes and enhance organizational performance by effectively interpreting and processing information from their environment?
How do conflicting goals and objectives contribute to organizational conflicts?
How does the implementation of Holacracy impact decision-making processes and employee empowerment within an organization?

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Does current structure have a positive or negative impact on decision quality and speed?