Management (MindTap Course List)
Management (MindTap Course List)
12th Edition
ISBN: 9781285861982
Author: Richard L. Daft
Publisher: Cengage Learning
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Chapter 9, Problem 8DQ
Summary Introduction

To determine:

Benefits and drawbacks in using computerized technology in managerial decision making.

Introduction:

Computerized technology is when you use computer software and applications such as programmes to accomplish a task. This is when business use certain systems in business activities.

Managerial decisions are any decision based on the operations of a business, these includes setting targets growth rates, hiring and firing employees etc.

Therefore, there are many computer systems that businesses could use while making decisions, such as decision-based systems/ business decision management systems etc. these are automated systems.

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list some possible advantages and disadvantages to using computer technology for managerial decisions making ?
Effective management is crucial for the success of any organization, as it involves coordinating resources, people, and tasks to achieve specific goals. A skilled manager must possess a combination of leadership, communication, and decision-making skills to guide their team towards success. They must be able to delegate responsibilities, provide clear direction, and motivate their team members to perform at their best. Additionally, effective management Involves strategic planning, problem-solving, and the ability to adapt to changing circumstances. Ultimately, strong management is essential for maintaining productivity, fostering innovation, and driving overall organizational growth.   Question: How do you think the role of technology has influenced modern management practices?
Effective management is crucial for ensuring the smooth operation and success of any organization. It involves planning, organizing, leading, and controlling resources to achieve specific goals and objectives. Good managers possess a diverse skill set, including leadership, communication, decision-making, and problem-solving skills. They play a pivotal role in motivating and empowering employees, fostering a positive work culture, and facilitating collaboration and innovation. Moreover, effective management involves adapting to change, identifying and mitigating risks, and continuously evaluating performance to drive improvement and achieve sustainable growth.   Question: How can organizations develop and nurture effective management talent within their ranks to ensure long-term success and adaptability in today's rapidly evolving business landscape?
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