Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 2.1, Problem 2CC
How is managerial decision-making different from a multiple-choice test?
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The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.
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Introduction: Talk about yourself and your background.
Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…
The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.
The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides.
What kind of Leadership Style do you feel will be most appropriate for the Philipines.
The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content:
Introduction: Talk about yourself and your background.
Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…
The trend is to 'flatten' organizations. By doing this, the employee is given more authority to make decisions. What problems do you see with this increase in decision-making authority?
Chapter 2 Solutions
Principles of Management
Ch. 2.1 - What challenges does New Belgium Brewery face in...Ch. 2.1 - Can you think of any other examples of companies...Ch. 2.1 - Would you like to work for an organization that is...Ch. 2.1 - What are some positive outcomes of decision-making...Ch. 2.1 - How is managerial decision-making different from a...Ch. 2.1 - In addition to the owners of a business, who are...Ch. 2.2 - Explain the two systems used by the brain in...Ch. 2.2 - What is emotional intelligence, and why is it...Ch. 2.3 - Give an example of a programmed decision that a...Ch. 2.3 - Give an example of a nonprogrammed decision.
Ch. 2.3 - What are heuristics, and when are they helpful?Ch. 2.3 - How are programmed and nonprogrammed decisions...Ch. 2.4 - Do you think a culture focused on learning makes...Ch. 2.4 - What are the advantages of a culture that...Ch. 2.4 - The job of CEO means making big decisions that...Ch. 2.4 - Explain the concept of confirmation bias.Ch. 2.4 - List and describe at least three barriers to...Ch. 2.4 - When is conflict beneficial, and when is it...Ch. 2.5 - If you were faced with an ethical dilemma, from...Ch. 2.5 - Describe some decisions that might be good for an...Ch. 2.5 - What factors would you take into consideration if...Ch. 2.5 - Explain what satisficing is and when it may be a...Ch. 2.5 - What are the six steps in the decision-making...Ch. 2.5 - What are the four steps involved in ethical...Ch. 2.6 - Explain why group decision-making can be more...Ch. 2.6 - What are some things that can prevent groups from...Ch. 2.6 - As a manager, what can you do to enhance the...Ch. 2 - What are some of the factors that enabled to Jen...Ch. 2 - What are the two systems that the brain uses in...Ch. 2 - What is a heuristic, and when would it be...Ch. 2 - What is confirmation bias? Explain how it can be a...Ch. 2 - What is a logical fallacy?Ch. 2 - What are the two types of conflict? Which one is...Ch. 2 - What are the steps in the decision-making process?...Ch. 2 - What can individuals do to improve the quality of...Ch. 2 - What can groups or group leaders do to improve the...Ch. 2 - What are the benefits of decision-making in a...Ch. 2 - Why do you think vinyl records are appealing to...Ch. 2 - Do you think the sales growth will continue to be...Ch. 2 - What research would you want to conduct prior to...
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- This was the question asked of Jack Otto, production supervisor, by one of his manufacturing workers, Clyde Fisher. Jack had been wondering the same thing for several weeks about Bob Hill, another of his welders. Jack Otto is a 54-year-old production supervisor who has been with Store Fixture Manufacturing Co. (SFM) for 20 years. He is well liked and respected by his peers and subordinates and is very competent at the technical aspects of his supervisory job. Bob Hill, 40 years old, has been a generally competent and productive welder at SFM for ten years. Bob has been popular with his coworkers. Although he periodically "blows up" at them, he always apologizes afterward. His absenteeism rate has been higher than average for the last several years, with most absenteeism on Mondays. Also, it is not uncommon for Bob to be 10–15 minutes late at least once a week. But, because of a shortage of experienced welders and because Bob often cuts his lunch hour short to make up his tardiness…arrow_forwardSince the mid-1950s the proportion of American workers represented by unions has: A. Decreased. B. Grown only in the manufacturing sector. C. Remained about the same. D. Increased.arrow_forwardThe Occupational Safety and Health Act gives workers the right to a job: A. With wages that enable an employee to enjoy a decent standard of living. B. That does not require them to lift, bend, or move items at any time on the job. C. That is free from recognized hazards that are likely to cause death or serious injury. D. With equal wages for similar kinds of work.arrow_forward
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