Question: INSTRUCTIONS: Please answer the following questions using your course textbook, the provided resources and your own relevant ideas/insights based on the online learning sessions/interactions: Section

INSTRUCTIONS: Please answer the following
INSTRUCTIONS: Please answer the following questions using your course textbook, the provided resources and your own relevant ideas/insights based on the online learning sessions/interactions: Section A- Chapter 2: Decision Making 10 x 2 = 20 Points 1. Assume that you are about to invest a significant amount of money in a relatively new start-up company that is introducing a unique product in the market. Explain why this may be considered a non-programmed decision. Discuss the steps of the decision making process that may help you in making such a decision 2. Explain the significance of understanding cultural differences for effective decision making. How can an organization become highly reliable by quickly adapting to a changing (dynamic) environment? Discuss. Section B - Chapter 8: Planning & Goal-Setting 10 x 2 = 20 Points 1. Explain the different types of plans based on time frame and specificity. As a business leader, would you prefer to use directional plans or specific plans with an inexperienced team that lacks sufficient knowledge about your business? Support your answer with suitable justification 2. Contrast and discuss traditional goal setting approach and Management by Objectives (MBO). Would you prefer to work in an organization that uses the MBO approach? Support your answer with suitable justification Section - Chapter 13: Human Resource Management 15 x 2 = 30 Points 1. Discuss the main functions of the HRM process. Though considered as steps of the hiring process, recruitment and selection are separate/distinct HR tasks. Discuss. 2. How can realistic job preview contribute towards reducing employee turnover? Explain the difference between orientation and training. Which of these, do you think, helps the new employees to understand the organization's history and philosophy? Discuss. Section D- Chapter 18: Controlling Activities and Operations 15 x 2 - 30 Points 1. Explain the difference between immediate and basic corrective actions in the process of control. Which course of action would a manager choose 'if deviation is judged to be insignificant?' Discuss. 2. Explain the different types of control using suitable examples from your own understanding. How do you think increased efficiency would impact organizational productivity, in general Discuss the suitability of Balanced Scorecard as a comprehensive performance measurement tool used by companies. IMPORTANT NOTES: You are expected to answer these questions comprehensively (at least one-page for each section) with detailed explanation and examples wherever applicable. Please answer each part of the question in a separate paragraph and cite relevant sources that you refer to in APA style

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