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In management strategic decision making involves great complexity, uncertainty and risk. Describe the strategic decision making process and consider the effects of bounded rationality and cognitive simplification on the performance of strategic decision makers.
describe triple triangle framework
• Why should resources be a concern in a global strategy
Question 1: (i) In food production, the success of the operation depends on the Executive Chef and his various heads of sections in the main kitchen. What are these sections
1. Output standards are easily convertible into labor costs per unit of output. 2. Output standards facilities scheduling and controlling the flow of production thr
The beyond budgeting approach may include the following: Use of rolling budgets concentrating on cash forecasts and not cost control. Budgets revised more frequently
explain the concept of synergy
explain strategy as an organisational process
Q. What is performance pyramid? The performance pyramid Like the balanced scorecard or 6-dimensional performance matrix, the performance pyramid is a multidimensional mo
Q. Explain Economic value added? Economic value added was developed by Stern Stewart & Co and is a registered trademark. EVA is an estimate of economic profit, measured as Net
What is the difference between restructuring, Reengineering and Development
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