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kicyunya [14]
4 years ago
5

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 these are correct
Business
2 answers:
Leni [432]4 years ago
8 0

Answer:

The correct answer is letter "A": Managers need to analyze large amounts of information.

Explanation:

Managers have three main challenges in decision-making: strategic (setting plans, goals and objectives), managerial (evaluate employee performance), and operational (monitor processes). Also, they have to develop the ability to make decisions at the pace of market changes by applying different techniques while analyzing large sources of data.

In such a scenario, <em>hotel managers analyzing input from 500 hotels to determine when to discount based on occupancy are being challenged their capacity on studying large amounts of information.</em>

andrey2020 [161]4 years ago
5 0

Answer:A. Manager's need to analyze large amounts of information.

Explanation: One of the major roles and responsibilities of managers is the analysis of data and information before making any decisions. All managers must be effective and efficient in data analysis or in the analysis of Information in order to effectively perform and conduct the business of Management adequately.

Data analysis is a strategic need of management and it mainly sometimes involves large amount of information or data.

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Millitech is a sports equipment manufacturer. It wants to form a merger with an athletic wear company. This would be a
natima [27]

Answer:

Market extension merger.

Explanation:

If a sports equipment manufacturer wants to form a merger with an athletic wear company this would be known as a market extension merger. To further understand what a market extension merger is, here is a brief explanation.

A market extension merger has to do with when two companies that are involved in similar products, either in production or sales come together to combine their different markets. Both companies would benefit from this merger because through this they would reach a bigger customer base.

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3 years ago
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kari74 [83]

Complete Question:

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Answer:

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3 0
4 years ago
8. Problems and Applications Q8
Liono4ka [1.6K]

The quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise.

<h3>What does a union among workers represent in economy?</h3>

In the macroeconomic model, a union among workers will increase the wage rate, thereby the supply of manufacturing workers will also increase.

This phenomenon is associated with a decrease in the demand and quantity of manufacturing workers.

In conclusion, the quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise if manufacturing workers formed a union.

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5 0
2 years ago
The relationship between employer and employee can be thought of in terms of a(n) ____, a description of what an employee expect
nydimaria [60]

Answer:

The answer is: psychological contract

Explanation:

Psychological contracts are the expectations or promises exchanged between the parties; employer, employee, or even fellow employees, in an employment relationship. They are not written contracts, but they often implicit or understood between the parties. For example, an employee expects that if he or she works really hard, eventually he or she will receive a promotion or a salary raise.

8 0
3 years ago
A conceptual framework is an analytical tool with several variations and contexts. It can be applied in different categories of
Gemiola [76]

Incomplete question. I inferred you want to know if it is true or false.

Answer:

<u>True</u>

Explanation:

This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.

For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.

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3 years ago
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