This topic contains a solution. Click here to go to the answer

Author Question: The plant equipment possessed by a company is considered to be an organizational resource. ... (Read 28 times)

james

  • Hero Member
  • *****
  • Posts: 573
The plant equipment possessed by a company is considered to be an organizational resource.
 
  Indicate whether the statement is true or false

Question 2

What are the two types of organizational decisions?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

TRUE

Answer to Question 2

Organizational decision-making is the process of responding to a problem by searching for and selecting a solution or course of action that will create the most value for organizational stakeholders. To make the best choices, managers must make two kinds of decisions: programmed and nonprogrammed.

Programmed decisions: Programmed decisions are repetitive and routine. Programmed decision-making involves selecting the most effectiveeasy, repetitive, and routineoperating procedures to handle an organization's ongoing value-creation activities. Typically, the routines and procedures that result in the most efficient way of operating are formalized in advance in an organization's written rules and standard operating procedures (SOPs) and are present in the values and norms of its culture.

Nonprogrammed decisions: Nonprogrammed decisions are novel and unstructured. Nonprogrammed decision-making involves managers making the most effectivecreative, novel, and unstructureddecisio ns that allow an organization to find solutions to changing and uncertain conditions. No rules, routines, or SOPs can be developed to handle nonroutine problems in advance because they are unique or unexpected. So solutions often have to be found after new problems have arisen.




james

  • Member
  • Posts: 573
Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library