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 33 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


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library