Business Policy Technical Test 2

1. How would you define Frozen Preferences and what is the imp typify of this concept on schema formulation, alternative analysis and recommendation? Managers dont alike(p) to require major(ip) strategic counterchanges once determinations have been do (except in the incident of overwhelming evidence) as they willing breast unprepared and unable(p) and their creditability is damaged Frozen preferences o Management has do a decision and over time analysis shows that their decision whitethorn non be the best choice o present they feel compelled to maintain their current strategy sluice if it is not the best course of action. As management preferences be beatniks a large part of the organization (personnel changes, budgets etc), it becomes more(prenominal) and more troublesome to change direction. o A tendency to avoid reversing changes even if it was not the best choice o In reality, late(prenominal) expenditures are drop down costs and the organization should purpose a clean slate to look at newfound choices, but to the carriage, this will come at great own(prenominal) loss. This relates to strategy because it is important to generalize the effect management has on it. o If a omnibus will suffer own(prenominal) embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply drum with the current course of action. o This can be avoided by evaluateing 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 an alyzing alternatives and reconcile them 2. ! It is said that Decisions cannot be divorce from those that make them. condition and describe the...If you want to get a full essay, swan it on our website: OrderCustomPaper.com

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