Management, 13Th Edition
13th Edition
ISBN: 9780133910292
Author: Stephen P. Robbins & Mary A. Coulter
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 3, Problem 23DQ
Summary Introduction
To explain:
The means by which decisions made by movie theatre chain managers are inhibited by the new trends arisen.
Introduction:
In surviving and growing amidst competition, business organizations make numerous decisions along the way. However, the rapid changes in the external environmental factors make the validity of such decisions questionable. In a much fast paced business environment where the world is seen as a global village, it takes just a matter of seconds for anything to spread. The changes or shifts in environmental factors that impact upon businesses create trends and such trends spread wide and strong all over the world leaving minimal or no time for businesses to come up with new decisions and strategies.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
What are the ethical considerations that managers should be aware of in their decision-making processes, and how can they promote ethical behavior within their organizations?
What do you feel is the greatest challenge in the typical workplace for ethical decision-making to take place?
What are the ethical challenges and responsibilities associated with management, and how do they impact decision-making?
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- What are the key trends and challenges facing managers today, including issues related to globalization, digital transformation, and sustainability?arrow_forwardHow do biases affect managerial decision-making?arrow_forwardWhy do you think many managers are surprised by environmental changes and hence are less able to help their organizations adapt?arrow_forward
- How does the external environment affect managers’ decision and whatapproach/approaches would you take to tackle the environment?arrow_forwardDo you feel that the organizational culture of the factories contributed to the quality control and sanitation issues? Why or why not?arrow_forwardWhat are some positive outcomes of decision-making for an organizations?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning