Bundle: The Leadership Experience, Loose-Leaf Version, 7th + MindTap Management, 1 term (6 months) Printed Access Card
7th Edition
ISBN: 9781337370004
Author: DAFT, Richard L.
Publisher: South-Western College Pub
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A company manufacturing laptops is facing the problems of decreasing sales in the market. You can
imagine any product about which you are familiar with. What steps, each level of management
should take to give effect to this decision?
What dangers does a company face if it focuses only on tactical decisions?
Discuss decision-making under the following subheadings, supporting your argument with examples from the workplace.
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- In addition to the owners of a business, who are some of the other stakeholders that managers should consider when making decisions?arrow_forwardWhat are some positive outcomes of decision-making for an organization? What are some possible negative outcomes?arrow_forwardGive an explanation of the importance of knowledge management in an organization's decision-making process, along with supporting justification.arrow_forward
- What are the different types of plans that organizations can use to guide their actions and decision-making?arrow_forwardWhat are the ethical considerations that managers need to be aware of when making decisions, and how can they ensure that their actions are aligned with the values of their organization?arrow_forwardWhat are 2-3 principles that you live by (guidelines that help you make decisions about how you act?arrow_forward
- How do individual and group decision processes aid or impede business decision-making? What are the latest developments in the process of strategy development and execution? How can my academic discipline, as a function within the organization, influence the process of business strategy development and execution?arrow_forwardWhat can individuals do to improve the quality of their decision-making? Would you rather work for a company that takes a stakeholder or stockholder approach in its dealings with customers, employees, suppliers, and other constituencies in its network? Explain the concepts the ends justify the means, and the means justify the Which of the two best ascribed your management style and achieve organizational efficiency? What type of leaders and leadership styles and practices often lead to problems with employees, customers, and other stakeholders and stockholders?arrow_forwardHow can organizations ensure that their plans remain flexible and adaptable in the face of changing circumstances or unexpected events?arrow_forward
- Write a paper that addresses the following points: Identify at least one bias that impacts your decision making process. Discuss what triggered this particular bias and what steps you plan to take it to address it. Discuss how this bias impacted your decision. How confident do you feel about your decision making processes in general? Do you suffer from the "overconfidence" syndrome? If so, under what circumstances?arrow_forwardWhat is the role of counterfactuals in strategic agility in business? How is counterfactuals used in organization's decision-making?arrow_forwardWrite about an experience—positive or negative—that you have had that shows why decision-making is an integral part of good management.arrow_forward
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