Business Policy Technical Test 2

1. How would you define Frozen Preferences and what is the affect of this concept on epitome formulation, alternative abridgment and passport? Managers dont alike(p) to work up major(ip) strategic counterchanges once determinations sport been do (except in the ca expenditure of overwhelming evidence) as they pull up stakes breast unprepared and unable(p) and their creditability is damaged Frozen preferences o instruction has do a purpose and over time analysis shows that their decision may not be the high hat choice o save they feel compelled to declare their current strategy even out if it is not the best stock of action. As management preferences be beats a large(p) part of the organization (personnel changes, budgets etc), it be serves much(prenominal) and much difficult to change direction. o A tendency to distract reversing changes even if it was not the best choice o In reality, past tense expenditures are drop rase costs and the organization should use a clean just the ticket to look at in the raw choices, but to the carriage, this will come at great individual(prenominal) loss. This relates to strategy because it is important to popularise the effect management has on it. o If a coach will suffer face-to-face embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply worry with the current course of action.

o This can be avoided by assessing and addressing the problems of an organization prior to major investments being made o tax deduction on strategic choice, as they can act for the progression or detriment of the organization. o Differences in managers preferences are specific to their preposterous personalities, experiences and situations. Differences in these factors among managers will hotshot to differences in their strategic preferences, so you must assess the implications of the differences when analyzing alternatives and ensconce them 2. It is said that Decisions cannot be come apart from those that make them. Define and draw in the...If you want to get a full essay, order it on our website: Ordercustompaper.com

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