If a Manager Decides to Control Decision Premises, He Will

question 52

Multiple Choice

If a manager decides to control decision premises, he will:

• A) tell subordinates the expected decision in advance.
• B) restrict the budget allocated to decision making.
• C) force subordinates to spend more time on decision making.
• D) place constraints on decisions made by lower ranking persons.

Explore the implications of decision-making through feasibility, market, and failure analysis reports.

Analyze the effectiveness and drawbacks of the yardstick approach in structuring business reports.

Grasp the essentials of creating compelling proposals that address the client’s needs and challenges convincingly.

Understand the differences between solicited and unsolicited proposals.

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Definitions:

Established Firms

Companies that have been in business for a long time and have a stable position in the market.

Customer Focused

An approach in business that prioritizes the needs and satisfaction of customers in product and service development.

Product Pricing

The strategy of setting the appropriate cost for a product based on production costs, competition, target audience affordability, and market conditions.

Retain Customer

Strategies and activities aimed at keeping a company's existing customers engaged and satisfied with its products or services, thereby increasing loyalty and reducing churn.