How does Elon Musk's Process of Planning and Decision making impact performance of his employees?
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How does Elon Musk's Process of Planning and Decision making impact performance of his employees?
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Solved in 4 steps
- How do managers make rational decisions?What are the ethical challenges and responsibilities associated with management, and how do they impact decision-making?What are the ethical considerations that managers should be aware of in their decision-making processes, and how can they promote ethical behavior within their organizations?
- What can individual do (personal factors)that provide the motivation for ethical decision making?What responsibilities do managers have towards people within the organization? How do they express these responsibilities?What are the different types of plans that organizations can use to guide their actions and decision-making?
- 1) Hofstede theory 2) Framework for ethical decision makingHow business decision-making provides the process of identifying, analyzing, and selecting among alternative courses of action to achieve organizational objectives? What is individual and group decision processes and how do they impede business decision-making?What role does data and information play in the decision-making process for managers?
- Discuss the concept of decision-making in management. How does it relate to the decision- making process in organizations?Discuss the three types of programmed decision that a manager depends on to resolve structured problemsHow can participative management be effectively integrated into hierarchical organizational structures, and what strategies can organizations employ to bridge the gap between top-down decision-making and employee involvement?