Answer to Question #217409 in Management for momna

Question

answer the following question.

1) “What are the important decisions regarding planning, organizing, leading and controlling which are MacDonald organization”?

2) Pool up the decisions and explain the differences as well as the similarities in decision making of these organizations?

Answer 1

1.

Functions of management are a systematic way of doing things. Management is a process to emphasize that all managers, irrespective of their aptitude or skill, engage in some inter-related functions to achieve their desired goals. Therefore, Functions of management are planning, organizing, leading, and controlling that managers perform to accomplish business goals efficiently. Henceforth managers must set a plan, organize resources according to the plan, lead employees to work towards the plan, and control everything by monitoring and measuring the plan’s effectiveness. Organizing involves determining how activities and resources are to be assembled and coordinated. Additionally, Planning involves selecting missions and objectives and the actions to achieve them. It requires decision-making or choosing future courses of action from among alternatives. More over Controlling is measuring, comparing, finding deviation, and correcting the organizational activities performed to achieve the goals or objectives. Thus, controlling consists of activities like; measuring the performance, comparing with the existing standard and finding the deviations, and correcting the deviations.

2.

Decision making refers to making choices among alternative courses of action, which may also include inaction. While it can be argued that management is decision making, half of the decisions made by managers within organizations ultimately fail Therefore, increasing effectiveness in decision making is an important part of maximizing your effectiveness at work. Therefore, most discussions of decision making assume that only senior executives make decisions or that only senior executives’ decisions matter. This is a dangerous mistake. However straightforward decisions are termed programmed decisions, or decisions that occur frequently enough that we develop an automated response to them. The automated response we use to make these decisions is called the decision rule. Additionally, Individuals throughout organizations use the information they gather to make a wide range of decisions. These decisions may affect the lives of others and change the course of an organization.