The values and priorities of the parent organization guide the strategic decision making of all its international operations.
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Managers at all levels and in all areas of organizations make decisions. That is, they make choices. For instance, top-level
Responsibility means the obligation or expectation to perform any assigned duties.
- Means-ends chain
Higher-level goals (or ends) are linked to lower-level goals, which serve as the means for their accomplishment. In other words, the
- Strategic business unit
An adaptation of the divisional structure in which various division or parts of divisions are grouped together based on common strategic elements, usually linked to distinct product/market differences.
- Expectancy theory
Expectancy theory is the theory that an individual tends to act in a certain way, based on the expectation that the act will be followed by a
- Discretionary responsibilities
Discretionary responsibilities are those that are voluntarily assumed by a business organization. They include public relations activities, good citizenship, and full corporate social responsibility.
- Tangible assets
Tangible assets are the easiest “resources” to identify and are often found on a firm’s balance sheet.