Decision-making is an essential aspect of modern management. It is a primary function of management. A manager’s major job is sound/rational decision-making. He takes hundreds of decisions consciously and subconsciously. Decision-making is the key part of manager’s activities. Decisions are important as they determine both managerial and organizational actions. A decision may be defined as "a course of action which is consciously chosen from among a set of alternatives to achieve a desired result
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non-programmed decisions Prepared by: Rehab Mohamed Abd El Rasoule PROGRAMMED AND NONPROGRAMMED DECISIONS Programmed decisions: Programmed decision are decisions that have been made so many times in the past that managers have developed rules or guideline to be applied when certain situations are expected to occur in a certain situation. Another definition: It’s made in accordance with written or unwritten policies‚ procedures‚ or rules that simplify decision making
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Topic: Privatization of Pakistan Steel Mills Subject: Pakistan Economic Policy Submitted By: M. Faizan Sohail (7133) Faculty: Shahid Iqbal Date of Submission: 12th August 2010 Pakistan Steel Mills Introduction: Pakistan Steel Mills is the producer of long rolled steel products in Karachi‚ Pakistan. The Pakistan Steel Mill is the country ’s largest industrial undertaking having a production capacity of 1.1 million tons of steel. The enormous dimensions of the project can be visualized
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society statues and laws are placed before us to set a standard of morality and justice. But what truly determines whether an action is moral or immoral? As I analyze the works of Jeremy Bentham‚ in his "Principle of Utility‚" Alongside John Stuart Mill‚ on "Utilitarianism‚" we will better understand what the foundations of morality are in accordance to their writings. Furthermore‚ through their standards of utility I will analyze the situation proposed as to whether cheating on your income taxes
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Organizational Trends‚ Ethical Decision Making‚ and Impacts of Technology Organizations of the twenty-first century are proving that in order to stay competitive they must reorganize the old hierarchical structure and transform into separate company hybrids. The old hierarchical control is somewhat still in tact but decision making and technology now influence the ways organizations are headed. Several organizational trends are continuing to affect organizations of the twenty-first century. For
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COMPANY PROFILE PHILIPPINE FLOUR MILLS INC. (History) PHILIPPINE FLOUR MILLS is engaged in wheat flour milling on 3 April 1961 as wholly owned by GUNZALO PUYAT & SONS‚ INC. The Machineries & Equipments were acquired in the same year from the BUHLER BROTHERS‚ UZWIL SWITZERLAND. Construction of the building; Mill Bldg‚ Silos‚ Flour Bind/ packaging and warehouses were completed in early 1962. The factory was constructed on 49square meters. Production started July 1962 at the initial daily
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Suggested Answers with Examiner’s Feedback Edited by Foxit PDF Editor Copyright (c) by Foxit Software Company‚ 2004 For Evaluation Only. Page 1 of 24 Question Paper Integrated Case Studies – I (MB371) : October 2007 Case Study (100 Marks) • • • This section consists of questions with serial number 1 - 7. Answer all questions. Marks are indicated against each question. Case Study Read the case carefully and answer the following questions: 1. “During the 1980s‚ BAL was the undisputed
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Unfortunately for 123 Textiles I cannot think of a RAID configuration that would protect them from what happened to them. RAID is to be used for redundancy in case of drive error or failure. It is a good thing that the backups are on an exterior drive since now data can be recovered (at least up until the day of the last backup) and business can go about steps to getting back up and running properly. It is understandable that some organizations must resolve to open their doors in areas that are high(er)
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This page intentionally left blank The Study of Language Designed for beginners‚ this best-selling textbook provides a lively introduction to the study of language. Starting from the basics‚ it provides a solid foundation in all of the essential topics‚ and introduces the analysis of the key elements of language – sounds‚ words‚ structures and meanings. A wide range of fascinating questions are explored‚ such as how conversation works‚ how children learn language‚ why women and men speak differently
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General Mills studied areas of potential growth and value creation for their company which lead to small acquisitions of other firms. Looking to further grow their company‚ in December 2000‚ management of General Mills made a recommendation to its shareholders that they authorize the creation of more shares of common stock and approve a proposal for the company to acquire Pillsbury Company‚ a producer of baked goods‚ from Diageo PLC. Company Information General Mills General Mills is one of
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