Ayisha, Hashim and Aida brainstorm together to make a decision related to the newly assigned task. This decision is known as O a. Complex decision O b. Individual decision Oc. Group decision O d. Strategic decision

Q: A. In finding a location, the higher the foot-traffic means the higher the sales. B. Knowing the…

A: Yes it is true, in finding a location , the higher the foot traffic means higher the sales. Foot…

Q: Kahneman and Tversky showed the decision-making is frequently affected by "heuristics" or "rules of…

A: Kahneman and Tversky showed the decision making is frequently affected by  - None of the Above;…

Q: Businesses and industry specialists in 2018 criticized the company Blockbuster for not being able to…

A: Hindsight bias is the bias in which people feel that past events could have been more predictable…

Q: Which of the following integrates mathematics into decision making? a - scientific management b -…

A: The concept used here is the Operations management theories.

Q: a) Why is decision making often described as the essence of a manager’s job?

A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…

Q: The laissez faire style works best when there is no need of input from others to make decisions.…

A: It is true that in laissez-faire style work there is no need of asking for decisions from others to…

Q: Which of the following is one of the management functions predominantly found in the first level…

A: Management is all about getting things done by others. It is about managing the people, resources…

Q: Decision making process ends with_ a. Diagnosing the problem O b. Identification of the problem O c.…

A: a). Diagnosing the problem: Diagnosing the problem means to find out why the problem occurs. b).…

Q: A decision-maker typically uses the 7 measures to implement management science tools. What are…

A: Management science is a set of quantitative tools and uses management science as decision models.…

Q: A model for decision making process, discuss briefly each of the elements of the process as shown in…

A: A management is defined as an act to coordinate and administrate the employees in order to achieve…

Q: ke as a business manager or owner to minimize the effects of motivation and emotions on…

A: Decision Making is the path toward making choices by recognizing a decision, gathering information,…

Q: In the managerial hierarchy of decision making, _______ is depicted at the top-most level because it…

A: Decision-making is the process of selecting the best alternative from several options.

Q: An organic system emphasizes top down authority and centralized decision making. Select one: a. TRUE…

A: A natural hierarchical design is portrayed by an incredibly level announcing structure inside an…

Q: In general, when do groups perform better than individuals in regard to decision making? Please…

A: The group can be defined as the collection of individuals who work together for the same goals with…

Q: By recognizing the _____ aspect of decision making, the administrative model better reflects…

A: The administrative model of decision making is given by Herbert A Simon, which describes how the…

Q: 1. Which of the following heuristics can be used for unaided people making decisions involving…

A: Decision making is the process through which any individual or customer has to select an option from…

Q: When decisions made regarding  the day to day running of the company and its plans, this approach is…

A: Positive business outcomes largely depend on the accuracy of decisions made by the managers of the…

Q: In order to run an organization management need to make various decisions.To make the decision they…

A: The probability of arriving at wrong decisions with the help of right information is common. The…

Q: IT helps managers make faster decisions by providing them with real-time information Select one: O…

A: "An idea, practice, that is perceived by an individual or other unit of adoption". It includes…

Q: Quick decision making: The decision-making process is decentralised, bringing it closer to the…

A: Organization consist of two type of structure -  Centralization-  In centralization structure all…

Q: For the hypothesis: "In Bangladesh, corruption in bureaucracy is influenced by low salary and long…

A: It is anything that is deeply taking place in the customer's mind about the brand. The brand should…

Q: 1. Mr. Khalid is the HR Manager of a company. There is a demand from employees for an increase in…

A: A decision is a deliberate course of action chosen from a collection of alternatives in order to…

Q: Which of the following option explains the principle of respect for autonomy? a. Impose no decision…

A: In its easiest sense, autonomy is about an individual's capacity to follow up on their own qualities…

Q: ________ make tactical decisions, which deal with activities such as short-term planning,…

A: Organizations would have different employees at various levels of hierarchy, with specific job…

Q: Suppose you are CEO; when you face a problem, you mustn't spend a lot of time determining and…

A: The above statement is false.

Q: All of the following steps are a part of the decision-making process except : Select one: a.…

A: Corporate decision making is a sequential process that enables experts to assess facts, analyze…

Q: Top-level managers establish overall goals and strategy refers to activity of   Question 9 options:…

A: It is the top-level managers who are mainly responsible for preparing strategies and defining the…

Q: Which one of the following statements is FALSE? a. Decision-making occurs in all management…

A: Decision-making is one of the key processes to arrive at a specific conclusion. While making a…

Q: Which of the following statements about intuitive approaches is/are false? -Ignoring or discounting…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: What factor of financial decision that merits that most basic needs need to be met before one will…

A: Maslow’s theory is created on the principle that humans are inspired by needs that are classified in…

Q: Why is decision making often described as the essence of a manager’s job

A: The decision making is described as the essence of a manager job as:

Q: All of the following are hindrances to perfectly rational decision making EXCEPT: Conflicting goals…

A: All of the following are hindrances to perfectly rational decision making EXCEPT: Conflicting goals…

Q: A utility company has two divisions: one serving residential customers and one serving business…

A: c is correct Motivation clashes emerge from a contrast between the inspirations of two parties or a…

Q: 20. As defined, decision making involves A) Eliminatinguncertainty B) Leadership C)…

A: Decision making -  The process which is considered to take decision which is considered as…

Q: Which of the following is the last step in decision-making process? a. Problem awareness b. Problem…

A: Decision-making process steps : Identify the problem  Problem diagnosis Gathering the information…

Q: From the given statement identify the appropriate choice that describes an ethical decision O a.…

A: Ethics refers to the moral philosophy or discipline concerned with what is morally good or bad,…

Q: Identify the type of decision-making whether it is procedure, rule, or policy for the following: A…

A: Decision Making The method of making decisions by identifying a choice, collecting facts, and…

Q: Being the CEO of the organization, you have observed that some of the managers and employees are not…

A: Case: The CEO of an organization observed that the employees are not contributing g and…

Q: Identifying a problem and matching it with established routines and procedures for resolving it is a…

A: According to the guideline, I should answer only first question. Here, First question has asked…

Q: Which of these situations would require a manager to step into a decision role? a. Gathering better…

A: The answer is "Resolving a conflict between two employees".

Q: Explain in detail the decision-making process and its steps with the help of examples

A: The decision-making procedure assists business specialists and leaders resolve difficulties by…

Q: Correct

A: The answer to the first question is True as marketing strategies are bejng designed in order to…

Q: Positive thinking is defined as a mental attitude or world view of optimism that interprets…

A: There is a direct link between positive thinking and that of the non-programmed decision making. The…

Q: Think about any problem either it could be from your personal, academic, or from your professional…

A: There are several problems with appointing managers at different levels of management. Effective…

Q: i Dont need handwritten work. i need words so i copy and paste Do the steps in the decision-making…

A: The Decision-making process is very important in every business. Taking the right decisions helps in…

Q: Decisions that have long-range perspectives of two to five years and affect the entire organization…

A: Decisions: Operational decisions:                 Operational decision is defined as it is a…

Q: When departmental goals need to be set, members must function as:     a decision team.…

A: Departmental goals comprise tasks, responsibilities, and breakthroughs lined up with the recognized…

Breakeven Analysis

Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.

Process analysis

The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.