Managers That Must Analyze Data from 500 Hotels to Determine

question 250

Multiple Choice

Managers that must analyze data from 500 hotels to determine when to discount rooms based on occupancy patterns 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 the above

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Definitions:

Structural Functionalism

A sociological theory that views society as a complex system whose parts work together to promote solidarity and stability, focusing on social structures and their functions.

Large-scale Social Structures

The overarching frameworks and institutions that shape societies, including economies, political systems, and social norms, influencing individual and group interaction.

Institutions

Established organizations or foundational systems within a society that dictate and regulate patterns of behavior or norms, such as legal or educational systems.

Actors

Individuals or entities that take action or play a role in a particular process, system, or context, contributing to its dynamics.