This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Identify and describe each of the major steps in the managerial decision-making ... (Read 93 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: Jul 14, 2018
Identify and describe each of the major steps in the managerial decision-making process.

Question 2

In the context of strategic planning, which of the following is true of mission statements?
 A) They contain complex words and phrases.
  B) They follow a common format across various organizations.
  C) They are circulated within an organization, not outside.
  D) They provide a clear, long-term focus for an organization.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 14, 2018
Answer to Question 1

Managerial decision making involves four steps: (1 ) identifying the problem--the discrepancy between an actual condition and a desired condition; (2 ) generating alternatives--after problem identification, alternatives need to be generated; (3 ) selecting an alternative--managers must select the alternative that will be most effective and practical; and (4 ) implementing and evaluating the solution--devoting resources to the implementation of the selected alternative and, finally, evaluating the decision's effectiveness.

Answer to Question 2

D


savannahhooper

  • Member
  • Posts: 576
Reply 2 on: Jul 14, 2018
Wow, this really help

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

A phylogeny showing the major modern angiosperm lineages A phylogeny showing the major modern angiosperm lineages
Fires Commonly Are Major Secondary Effects Fires Commonly Are Major Secondary Effects
This lithograph by Currier and Ives gives an erroneous impression of the “battle.” Major Robert Ande This lithograph by Currier and Ives gives an erroneous impression of the “battle.” Major Robert Ande
Major Risk Factors for Hypertension Major Risk Factors for Hypertension
Standard reduction potentials of the major respiratory electron carriers Standard reduction potentials of the major respiratory electron carriers
Identify the junction nodes in the circuit shown in Figure 21-1. Identify the junction nodes in the circuit shown in Figure 21-1.
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library