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The text states that strategic decisions are (1) rare, (2) consequential, and (3) directive. These deal with the long-term future of the entire organization. To aid in the decision making, the authors suggest an eight step decision-making process. Found on page 25 in the text, these include: (1) evaluating current performance results; (2) reviewing corporate governance; (3) scanning and assessing the external environment; (4) scanning and assessing the internal corporate environment; (5) analyzing the strategic factors; (6) generating and selecting the best alternative strategy; (7) implementing selected strategies; and (8) evaluating implemented strategies. These guidelines for making and evaluating decisions at a strategic level can be important for leaders.
Open today’s issue of The Wall Street Journal and look for an article about new moves being made by a corporation, specifically the decisions that are strategic. At what level is each of the decisions that you identified? Functional/Business/Corporate? Why do you believe this to be the case? What is your assessment of these decisions? Will they be effective? Why? How have you decided this?
Explain possible reasons why consolidations, mergers, and acquisitions occur for hospital and other healthcare organizations and the capital challenge for such ventures.
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What are the normal project completion time and the critical path? What activity(ies) should be crashed to reduce the completion time found in a) by one week? What activity(ies) should be crashed if you want to reduce the completion time found in ..
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As managers, we need to understand all six project feasibility factors. It's true we need to consider all of them when beginning to plan for a system change. When would one of them take precedence over the others?
Prepare a project proposal on how to adjust the project schedule. The proposal should include only descriptions of the ways in which you propose to modify the project schedule. Your final project (due in Week 8) will include the following: A forma..
Discuss the role and importance of the "6-Ts" (Traceability, Transparency, Testability, Time, Trust, and Training) relative to food supply chain quality management.
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answer following questions in 1-2 paragraphs each keep it simple and to the point a considering the vital role of an
Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success. Identify the behaviors often incorporated by entrepreneurial leaders.
Using this data and a smoothing constant alpha of 0.5, what is the resulting year 2014 forecast value?
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