Business Policy Technical Test 2

1. How would you define Frozen Preferences and what is the imp impress of this concept on portray formulation, alternative analysis and recommendation? Managers dont alike(p) to invent major(ip) strategic counterchanges once determinations have been do (except in the ca social occasion of overwhelming evidence) as they entrust breast unprepared and ineffective and their creditability is damaged Frozen preferences o Management has do a decision and over time analysis shows that their decision whitethorn not be the best choice o bear on they feel compelled to maintain their current strategy yet if it is not the best course of action. As management preferences be beat a large part of the organization (personnel changes, budgets etc), it becomes more(prenominal) and more catchy to change direction. o A tendency to avoid reversing changes even if it was not the best choice o In reality, prehistorical expenditures are dr op down costs and the organization should use a clean slate to look at spic-and-span choices, but to the carriage, this will come at great person-to-person loss. This relates to strategy because it is important to generalize the effect management has on it. o If a charabanc will suffer personal embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply cross with the current course of action.

o This can be avoided by measure outing and addressing the problems of an organization prior to major investments being made o Implication on str ategic choice, as they can act for the bette! rment 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. secure and describe the...If you want to get a full essay, rescript it on our website: OrderCustomPaper.com

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