This Question Contains Two Parts;be Sure to Answer Both

question 56

Essay

This question contains two parts;be sure to answer both.First,explain the two things managers need to do to successfully implement a decision when using the rational model of decision making.Second,imagine that you are an office manager who has decided to implement a new policy of requiring all employees to be at their desks at 9 a.m. ,because too many employees have been arriving late.Explain how you will implement this policy based on the two criteria in the first part of this question.

---

Definitions:

Domestic Firms

Companies that operate primarily within the country of their incorporation, focusing on serving the local market.

Inefficient

Lacking in effectiveness or productivity, resulting in wasted resources or effort without achieving the desired output.

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases, leading to a lower cost per unit.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.