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zimovet [89]
3 years ago
12

Explain the importance of decision making in management

Business
1 answer:
Mariulka [41]3 years ago
3 0

Answer:

Decision-making is perhaps the most important component of a manager's activities. It plays the most important role in the planning process. When the managers plan, they decide on many matters as what goals their organisation will pursue, what resources they will use, and who will perform each required task.

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In its focus on bottom-line financial value, the ________ approach offers limited guidance for go-to-market strategies and does
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Answer:

B. Customer Equity

Explanation:

In its focus on bottom-line financial value, the customer equity approach offers limited guidance for go-to-market strategies and does not fully account for competitive moves. Customer equity can be defined as the total value of all the customers of any firm. It means any firm will have more customer equity if has large number of customers who make frequent purchases as well. Customer loyalty is directly proportional to the customer equity, more is the customer loyalty, the more will be the customer equity of any brand. Although it is very much important for any business but it does not tell about the go-to market strategies and competitive moves that what business you should be in and what business you could be in.

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which of the following typically results from the introduction of the assembly line into the production process? A.efficiency is
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8 0
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In a suit by the National Forest Preservation Organization (NFPO) against Old Growth Logging, Inc., NFPO serves a written reques
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6 0
3 years ago
The Bert Corp. and Ernie, Inc., have both announced IPOs. You place an order for 1,150 shares of each IPO. One of the IPOs is un
Tems11 [23]

Answer:

The Bert Corp. and Ernie, Inc.

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= $2,875.

Explanation:

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IPO order placed  1,150 shares      1,150 shares

Underpriced by       $18.00

Overpriced by                                   $6.50

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