Managers Who Must Analyze Data from 500 Hotels to Determine

question 26

Multiple Choice

Managers who 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 these.

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Definitions:

Department Manager

An individual responsible for overseeing the operations, staff, and performance of a specific department within an organization.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Cost Center

A decentralized unit in which the department or division manager has responsibility for the control of costs incurred and the authority to make decisions that affect these costs.

Plant Managers

Individuals responsible for overseeing the operations, productivity, and efficiency of a manufacturing plant.