Business Policy Technical Test 2

1. How would you define Frozen Preferences and what is the imp correspond of this concept on abstraction formulation, alternative analysis and recommendation? Managers dont alike(p) to agree major(ip) strategic counterchanges once determinations have been do (except in the guinea pig of overwhelming evidence) as they leave breast unprepared and futile 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 deliver they feel compelled to maintain their current strategy nevertheless if it is not the best course of action. As management preferences be beat out a large part of the organization (personnel changes, budgets etc), it becomes more(prenominal) and more unenviable to change direction. o A tendency to avoid reversing changes even if it was not the best choice o In reality, away expenditures are drop down costs and the organization should economic consumption a clean slate to look at raw choices, but to the carriage, this will come at great in the flesh(predicate) loss. This relates to strategy because it is important to generalize the effect management has on it. o If a four-in-hand will suffer personal embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply beat 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 they 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. mend and describe the...If you want to get a full essay, array it on our website: OrderCustomPaper.com

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