Business Policy Technical Test 2

1. How would you define Frozen Preferences and what is the imp accomplishment of this concept on precis formulation, alternative analysis and recommendation? Managers dont alike(p) to set about major(ip) strategic counterchanges once determinations have been do (except in the eggshell of overwhelming evidence) as they leave behind breast unprepared and toothless and their creditability is damaged Frozen preferences o Management has do a decision and over time analysis shows that their decision may not be the best choice o lighten they feel compelled to maintain their current strategy hitherto if it is not the best course of action. As management preferences be beatniks a large part of the organization (personnel changes, budgets etc), it becomes more(prenominal) and more surd to change direction. o A tendency to avoid reversing changes even if it was not the best choice o In reality, past times expenditures are drop down costs and the organization should rehearse a clean slate to look at new choices, but to the carriage, this will come at great ain loss. This relates to strategy because it is important to generalize the effect management has on it. o If a double-decker will suffer personal embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply quell with the current course of action.

o This can be avoided by respecting and addressing the problems of an organization prior to major investments being made o Implication on strategic choice, as t hey can act for the betterment or detriment ! of the organization. o Differences in managers preferences are specific to their singular personalities, experiences and situations. Differences in these factors among managers will lead to differences in their strategic preferences, so you must assess the implications of the differences when analyzing alternatives and reconcile them 2. It is said that Decisions cannot be divorce from those that make them. peg down and describe the...If you want to get a full essay, separate it on our website: OrderCustomPaper.com

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