How the manager can use the rational decision making process, Business Management

Assignment Help:

Question 1:

According to the instrumentality theory of motivation, money is the main motivating factor at work. This can explain the existence of performance related pay in many organisations today. However, the instrumentality theory has been criticised on several grounds. Using Maslow's hierarchy of needs, explain how far money is the main motivating factor at work.

Question 2:

An organisation has decided to buy several computers in order to enhance performance in an organisation. Given that there are different brands and alternatives on the market, the manager has to make a decision among the different brands. In addition, the manager has some budgetary constraints.

Explain how the manager can use the rational decision making process in order to identify the best decision for the organisation in this particular situation.


Related Discussions:- How the manager can use the rational decision making process

What are the problems of industrial markets, What are the problems of Indus...

What are the problems of Industrial markets? The problems of Industrial markets in India are as illustrated below: a. The customer base is minute and new markets or customer

Economic recorder quantity, Setting Different Levels and Recorder point ...

Setting Different Levels and Recorder point : Just to avoid the chances of over and under investment as well as running short of an item during the course of production m

Explain the different wireless technologies, Question 1 Explain any five a...

Question 1 Explain any five architectural components of CRM solution Question 2 Explain the different wireless technologies Question 3 Explain the meaning of Elect

Models of human resource management, breifly describe the following models ...

breifly describe the following models of human resource management; 1the guest model of hrm 2the michigan matching model of hrm 2the harvard model of hrm 3the john storey model of

What is the delegation of authority, What is the delegation of authority? ...

What is the delegation of authority? Delegation of authority: Delegation may be described as the entrustment of responsibility and authority to other and the creation of

Quantitative analysis for managerial decision making, what is the role and ...

what is the role and significance of quantitative techniques in modern management?

Quality circle, A quality circle is a completely voluntary group of 6 to 8 ...

A quality circle is a completely voluntary group of 6 to 8 workers of a shop or who meet regularly during company time once very fortnight or ever month under die leadership o

Explain how effective brand management can assist ib4e''s, Over the past fe...

Over the past few years, the company iB4e has underperformed compared with its competitors which enjoy stronger brand recognition. In addition, lots of experienced staff responsibl

Ocr’s examination paper blunder, OCR’s examination paper blunder Expla...

OCR’s examination paper blunder Explanation and Identification of any two barriers to effective communication: e.g. jargon, technical faults, misunderstandings or poor communi

Write Your Message!

Captcha
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