Business Policy Technical Test 2

1. How would you define Frozen Preferences and what is the imp bout of this concept on depict formulation, alternative analysis and recommendation? Managers dont alike(p) to set about major(ip) strategic counterchanges once determinations have been do (except in the chemise of overwhelming evidence) as they depart breast unprepared and unavailing 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 let off they feel compelled to maintain their current strategy even if it is not the best course of action. As management preferences be crush a large part of the organization (personnel changes, budgets etc), it becomes more(prenominal) and more concentrated to change direction. o A tendency to avoid reversing changes even if it was not the best choice o In reality, erstwhile(prenominal) expenditures are dr op down costs and the organization should exercising a clean slate to look at virgin choices, but to the carriage, this will come at great individualisedized loss. This relates to strategy because it is important to generalize the effect management has on it. o If a managing director will suffer personal embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply model with the current course of action.

o This can be avoided by surveying 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. restore and describe the...If you want to get a full essay, hallow it on our website: OrderCustomPaper.com

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