Describe four essential components of an effective decision management and control system.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
Decision management is the vital process of generating choosing and implementing management decisions Decision control is the essential process of assessing how well the decision management process functions To be successful the decision management and control process must generate attractive decision proposals choose the best decision ...View the full answer
Answered By
Zablon Gicharu
I am an educator who possesses the requisite skills and knowledge due to interacting with students for an extended period. I provide solutions to various problems in step-by-step explanations, a well-thought approach and an understandable breakdown. My goal is to impart more straightforward methodologies and understanding to students for more remarkable achievements.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
What are the four major components of an effective financial system?
-
Identify some essential components of an annual budget process for a state or local government.
-
Why is important to separate decision management and control in publicly traded corporations? Discuss how a well designed governance system achieves this objective.
-
Solve the equation symbolically. Then solve the related inequality. 1 - X
-
Assess Antioch Colleges mission statement as it appears above. What is good about this mission and what would you change?
-
The light from an ordinary flashlight is passed through a linear polarizer with its transmission axis vertical. The resulting beam, having an irradiance of 200 W/m 2 , is incident normally on a...
-
Assume you are considering a clients controls over purchases and cash disbursements. System documentation was accomplished through flowcharts and narratives and, in conjunction with a transaction...
-
In early July 2012, Dr. Elaine Matthews separated from her husband of some years. She maintained full custody of the couple's only child, a seven-year-old girl. Since May 1, 1998, Dr. Matthews had...
-
A student who conducted this experiment suggested that the temperature of the copper-water mix raised more than it should have because some water clung to the copper when it was transferred from the...
-
A store maintains data on customers, products and purchase records in three tables: CUSTOMER, PRODUCT, PURCHASE. The store manager wants to know which product is on its maximum discount for each...
-
Discuss important differences between centralized and decentralized allocations of decision authority within an organization. Are these methods of decision authority allocation mutually exclusive?
-
What are agency costs? Describe some agency costs common among U. S. corporations.
-
The following time series graph shows daily closing stock prices (adjusted for splits and dividends) for Google Inc. from January 1, 2008, through June 21, 2013. a) Which time series components are...
-
Suppose, in TCPs adaptive retransmission mechanism, that EstimatedRTT is 90 at some point and subsequent measured RTTs all are 200. How long does it take before the TimeOut value, as calculated by...
-
Suppose you want to send some data using a byte-oriented framing protocol, and the last 2 bytes of your data are DLE and ETX. What sequence of bytes would be transmitted immediately prior to the CRC?
-
A sender on a TCP connection that receives a 0 advertised window periodically probes the receiver to discover when the window becomes nonzero. Why would the receiver need an extra timer if it were...
-
Suppose that between A and B there is a router R. The AR bandwidth is infinite (that is, packets are not delayed), but the RB link introduces a bandwidth delay of one packet per second (that is, two...
-
Why does the Offset field in the IP header measure the offset in 8-byte units? (Hint: Recall that the Offset field is 13 bits long.)
-
When a latch is set, what are the states of Q and Q?
-
Should we separate the debt and equity features of convertible debt? Team 1: Pro separation: Present arguments in favor of separating the debt and equity features of convertible debt. Team 2: Against...
-
What is meant by the term substantial authority?
-
The problem with Asian sweatshops is that there are not enough of them.--Charles Wheelan, Naked Economics, p. 20. How is Wheelans statement illustrative of the concept that every market transaction...
-
What incentives are created by each of the following allocation mechanisms? Market, first come first served, government.
-
The following data represent the production possibilities of two people in solving math and economics problems. If they devote their total effort and time to math, A can solve 10 math problems and B...
-
1. List three (3) advantages and disadvantages of using the Scrum Agile Framework. Q2. List three (3) benefits and challenges of using the Scrum Agile Framework. Q3. List five (5) KPIs of Scrum Agile...
-
What are the asset names and locations? What critical services are provided by each asset? What are the dependencies between services and assets? What are the workaround capabilities for services...
-
To more efficiently manage its inventory, Treynor Corporation maintains its internal inventory records using first-in, first-out (FIFO) under a perpetual inventory system. The following information...
Study smarter with the SolutionInn App