can you find pro and cons on this statement? And please explain in detail. Companies in cultures which have an emphasis on power and hierarchy are more likely to centralize decision making
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Hi, can you find pro and cons on this statement? And please explain in detail.
Companies in cultures which have an emphasis on power and hierarchy are more likely to centralize
decision making
Step by step
Solved in 3 steps
- Describe centralization and decentralization, delegation, and authority as the key ingredients in establishing the decision-making hierarchy.How can an organization optimize its decision-making patterns to enhance efficiency and effectiveness?How can a well-defined organizational structure and organization culture be beneficial under current circumstances but lead to future challenges with regard to decision making?
- How do different decision-making patterns impact the overall effectiveness of management within an organization?What are some positive outcomes of decision-making for an organization? What are some possible negative outcomes?How do managers make decisions, and what factors influence their decision-making process? How can managers improve their decision-making skills?
- How can decision-making models be used to improve organizational performance and productivity?How 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?A British computer firm is acquiring a smaller competitor located in Frankfurt. What are two likely differences in the way these two firms carry out the decision-making process? How could these differences create a problem for the acquiring firm? Give an example in each case. Which cultures would be more likely to focus on external controls? Which cultures would consider direct controls to be more important than indirect controls?
- outline the steps one would take as a business manager or owner to minimize the effects of motivation and emotions on decision-making.How can managers effectively analyze and utilize data and information to support decision-making processes, employing tools such as business analytics, data visualization, and performance metrics?What are the basic characteristics of managerial decision-making?
