Define and explain decision management and decision control


Assignment:

Define and explain effective wage (with real world examples whenever it is appropriate)

• Define and explain decision management and decision control (with real world examples whenever it is appropriate)
• Name and explain any three benefits of decision decentralization (with real world examples whenever it is appropriate) I already picked this three just add explanation and example

1. Effective use of local knowledge
2. Conserve top management time while reduce middle management
3. Attract talents to junior management position in business units to prune for future senior management position in corporate headquarters.

• Name and explain two reasons for firm to grant decision rights to team (with real world examples whenever it is appropriate) already picked this three just add explanation and example

1. To manage a project
2. To design and make new product

• Define and explain internal market (with real world examples whenever it is appropriate)
• Define and explain back loaded compensation (with real world examples whenever it is appropriate)
• Why some industries offer life time employment (with real world examples whenever it is appropriate)

Write short essays on the following four topics

• Relative performance evaluation
• M form of organization
• SMART goals

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Microeconomics: Define and explain decision management and decision control
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