Briefly identify and describe the constraints that you might face if you act as an organizational decision maker.
What will be an ideal response?
Student answers will vary, but should demonstrate accurate knowledge about organizational decision processes. Organizations and the people who run them must deal with many constraints that inhibit what actions they can take. These include scarce resources, as well as financial, legal, market, human, and organizational constraints. Capital or product markets may make an expensive new venture impossible. Legal restrictions may constrain the kinds of international business activities in which a firm can participate. Labor unions may defeat a contract proposed by management, and managers and investors may block a takeover attempt. In strategic alliances, the allies should pursue rational decisions collaboratively, not separately. Even brilliant ideas must take into account the practical matters of implementation. In addition, decision makers must consider ethics and the preferences of many constituent groups-the realities of life in organizations.
You might also like to view...
Amanda was a tough manager and made it a regular practice to check up on her staff, looking for cheating on timesheets and people coming back late from lunch. Her employees were often dissatisfied with Amanda since she was a(n) ________ manager.
A. operations B. Theory X C. soldiering D. Hawthorne E. administrative
In comparison to a baseline, productivity is higher if ______.
A. for given input, output is higher B. for given output, input is higher C. the cost of production increases with volume of production D. there is an increase in demand with an increase in volume of production
Explain why electronics and pharmaceuticals manufacturers use customer-driving marketing
What will be an ideal response?
Which of the following cannot be learned by analyzing job order cost cards?
A) The balance of Work in Process Inventory at the end of the period B) The cost of all jobs done for a particular customer C) The completion time of jobs yet to be completed D) The type of products ordered by a particular customer