Understanding Management
Understanding Management
11th Edition
ISBN: 9780357033821
Author: Richard Daft
Publisher: South Western Educational Publishing
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Chapter 6, Problem 8DQ
Summary Introduction

To determine:

Benefits and drawbacks in using computerized technology in managerial decision making.

Introduction:

Computerized technology is when you use computer software and applications such as programmes to accomplish a task. This is when business use certain systems in business activities.

Managerial decisions are any decision based on the operations of a business, these includes setting targets growth rates, hiring and firing employees etc.

Therefore, there are many computer systems that businesses could use while making decisions, such as decision-based systems/ business decision management systems etc. these are automated systems.

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list some possible advantages and disadvantages to using computer technology for managerial decisions making ?
Management  In today's rapidly evolving work environments, technology plays a pivotal role in shaping how businesses operate and how employees carry out their tasks. From communication tools and project management software to automation and artificial intelligence, technology has revolutionized the way we work. It has enabled greater flexibility, efficiency, and collaboration, allowing teams to connect and collaborate regardless of their physical locations. Moreover, technology has facilitated the collection and analysis of vast amounts of data, empowering organizations to make data-driven decisions and gain valuable insights into their operations   Question How can businesses ensure that they effectively leverage technology to enhance productivity and innovation while also addressing potential challenges such as cybersecunty threats and digital divides within the workforce?
Effective management is crucial for the success of any organization, as it involves coordinating resources, people, and tasks to achieve specific goals. A skilled manager must possess a combination of leadership, communication, and decision-making skills to guide their team towards success. They must be able to delegate responsibilities, provide clear direction, and motivate their team members to perform at their best. Additionally, effective management Involves strategic planning, problem-solving, and the ability to adapt to changing circumstances. Ultimately, strong management is essential for maintaining productivity, fostering innovation, and driving overall organizational growth.   Question: How do you think the role of technology has influenced modern management practices?
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