Explain why decision making is necessary

Assignment Help Business Management
Reference no: EM132709612

Section 1 The Astro News has experienced a decline in the number of subscriptions to its printed newspaper over the last 5 years. It seems people prefer news feeds sent directly to their smartphones than a printed paper delivered to their homes.

a) Which component in the external environment may have caused it? Write in detail (Please mention and highlight the name of that element in bold).

b) If you think it's a demographical change, write down all the detail of its further elements for instance age, gender, family size etc. Also discuss what and how each of it has created a change in the environment. If no, suggest some other factor.

Its CEO perceives his organization could be more profitable if it could respond to customers more quickly so he has decided to remove some management layers and increase the remaining managers' span of control.

(c) Which management function would be considered for this?

(d) Please write in detail and give reasoning also.

He further decided the installation of the new equipment.

(e)Please relate all of the above changes (CULTURAL AND ENVIRONMENTAL BOTH) with what you studied in chapter and briefly discuss is

Section 2

Suppose you are a senior project manager and five employees work under your supervision. Your team has performed extremely well and successfully executed the project. As a reward you are looking forward to gift mobile phone to each member of your team. You have numerous mobile phone brands available in the market from which you have to decide.

a) Explain why decision making is necessary.

b) Use eight steps of decision making process and explain which cell phone you will gift. Also do calculations

Section 3

Suppose you are working in an organization and you always receive commands from 3 bosses. Which makes you unclear about what task you should perform and to whom you should report. It is also a source of stress for you.

a) According to Henry Fayol's 14 principles which principle your organization is violating?

b) Explain why this violation is a source of stress for you?

Reference no: EM132709612

Questions Cloud

Differences between military leaders-private business leader : Compare the similarities and differences between military leaders and private business leaders.
How is beta affected by mergers in the airline industry : How is beta affected by mergers in the airline industry? For example, is the beta of merged American Airlines/U.S. Airways higher, lower, or unchanged
Determine what option market value of the stock : Flanagan Company's call options is $15, its exercise value is $22, and its time value is $5. What are the option's market value and the price of the stock?
Identify in which month revenue should be recognized : A customer prepays for 10 oil changes for a total of $ 300. Identify in which month revenue should be recognized in each situation
Explain why decision making is necessary : The Astro News has experienced a decline in the number of subscriptions to its printed newspaper over the last 5 years. It seems people prefer news
What is the maximum amount stanford can deduct : Total investigation costs related to the restaurant $41,750. What is the maximum amount Stanford can deduct in 2020 for investigation expenses
Describe how teachers can collaborate with families : For this assignment, elect a grade level Pre-K to 3rd grade and develop three learning centers with a wide range of developmentally, culturally, and linguistica
Calculate the future value at the end of year four : Calculate the future value at the end of year 4. Calculate the total interest earned. Calculate the maturity value at the end of year 1.
How will Fox Net Income impact Owl books : Fox declared no dividends but did report Net Income of $750,000 for the year. How will Fox's Net Income impact Owl's books

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd