A Manager Who Must Implement a Loyalty Program Across 500

question 177

Multiple Choice

A manager who must implement a loyalty program across 500 hotels would be placed in which category for managerial decision-making challenges?

• A) Managers need to analyze large amounts of information.
• B) Managers must make decisions quickly.
• C) Managers must apply sophisticated analysis techniques, such as Porter's strategies or forecasting, to make strategic decisions.
• D) All of these choices are correct.

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Definitions:

Long-Term Goals

Objectives or targets that an individual or organization aims to achieve over an extended period.

Short-Term Goals

Objectives set to be achieved in the near future, typically within the upcoming year, aimed at progressing towards longer-term aims.

Reevaluating

The process of reassessing or examining something again to consider any necessary changes or adjustments.

Treatment Plant

A facility used for filtering and treating water or wastewater to meet legal and ecological standards before it's released or reused.