answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAVERICK [17]
2 years ago
13

Departmentalizing decisions increases the risk of __________ leading to a poor decision.

Business
2 answers:
MAXImum [283]2 years ago
6 0

Answer:

Bounded Rationality

Explanation:

To begin with, it is essential to understand the concept of departmentalization.

Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.

Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.

Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.

Rina8888 [55]2 years ago
5 0

Answer:

Bounded rationality

Explanation:

Bounded rationality is a situation where a manager is satisfied with limited information available at his disposal , which leads to a poor decision making.

Departmentalizing is a process where a business is broken down into sub division based on the various tasks being carried out , with each of this division headed by a manager.

In such a situation , the managers might not be exposed to every information required or even have a cognitive limitation mindset, Decisions made in such a situation will definitely no be the best

You might be interested in
Joseph lost $5,000 after engaging in a work-from-home scam. What action should he take to seek retribution?
Anastasy [175]

Answer: Report the incident to the Federal Trade Commission.

Explanation:

3 0
2 years ago
2. What type of market is Huy Fong targeting with its sriracha sauce?
Luda [366]

Answers with Explanations:

1. What type of market is Huy Fong targeting with its Sriracha sauce?

"Huy Fong's Food Inc." is a company that sells <em>Sriracha sauce</em> made in California. It has also partnered with several companies in order to provide variety of products based on its official flavor.

Since Huy Fong is <u>open to competition with other rivals</u>, it is clear that the company is using the "monopolistic competition" <u>type of market.</u> Hung Fung is not the only company that sells sriracha sauce, other companies like <em>Heinz</em> and <em>Tabasco</em> are also selling the same sauce.

However, it has been branded as the most authentic and original of all. Such <u>uniqueness of the Huy Fung Sriracha sauce</u> makes it<em> stand out from the rest</em>. In this aspect, the company is <em>monopolizing the competition.</em>

2. Of the four categories of segmentation variables, which is most important to Huy Fong's segmentation strategy, and why?

Of the four categories of segmentation variables, "demographic" is the most important to Huy Fung's segmentation strategy. The company's target market are men and women who belong to the<u> age range of 20-30 in the United States.</u>

This is the<em> specific population</em> that the company is focusing on. These people are considered to be<em> budgeting their money</em> and in that sense, they'd be able to afford the sriracha sauce.

4 0
2 years ago
When every element in a salad could easily stand on its own, the salad is
Cerrena [4.2K]
The salad is mixed.
4 0
2 years ago
Larry wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he know
kotykmax [81]

Answer: B brand awareness

Explanation:

This is extent to which consumers are intimate with the qualities or image of a particular brand of goods or services. Coca-Cola and Google are good example of brand awareness , they still run advert on Tv's, ànd radio stations and they are accepted.

3 0
2 years ago
Suppose that the standard deviation of quarterly changes in the prices of a commodity is $0.65, the standard deviation of quarte
Natasha_Volkova [10]

Answer:

The optimal hedge is 0.642 and it means that the size of the future positions should be 64.2% of the exposure of the company in a 3 month-hedge.

Explanation:

optimal hedge ratio

= coefficient of correlation*(standard deviation of quarterly changes in the prices of a commodity/standard deviation of quarterly changes in a futures price on the commodity)

= 0..8*(0.65/0.81)

= 0.642

Therefore, The optimal hedge is 0.642 and it means that the size of the future positions should be 64.2% of the exposure of the company in a 3 month-hedge.

6 0
2 years ago
Other questions:
  • Calculate the gross margin in both dollars and percentage for this swim department if net sales are $1,150,000 and cost of goods
    5·1 answer
  • Why would you use the above sampling methods to collect data on the diversity of an area? (hint: how would the information colle
    13·1 answer
  • Which of the following is not a strategy to manage service capacity?
    8·2 answers
  • Real estate values derive from the interaction of three different sectors in the economy. Which of the following sectors serves
    13·1 answer
  • Maura Ruiz has been working in the e-learning industry for over eight years. She is aware of the fact that in this industry, onc
    12·1 answer
  • Which one of the following is a tool of monetary policy often used by the Fed for altering the reserves of commercial banks?
    5·1 answer
  • Jayla just opened a fitness studio in her hometown. Since her goal is to become the leading fitness studio in the area, she appr
    11·1 answer
  • The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $660,000; Office salaries, $132,000; Feder
    12·1 answer
  • Frank Dewey Esquire from the firm of Dewey, Cheatum, and Howe, has been offered an upfront retainer of $30,000 to provide legal
    9·1 answer
  • A maker of soaps and lotions noticed a blind person having difficulty comparing products while shopping in one of her stores. Sh
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!