Management Decision and Control

Instructions

Consider and explain the decision-making and controlling strategies at Protect & Gamble and Panasonic which ensure their success in the world market, when referring to the Internet Exercise: Looking at the Best on page 390 in the textbook.Complete this by answering the following questions:1) What type of factors may influence future management decision-making in these two companies?2) What types of control criteria would you expect these companies to use in evaluating their operations and determining how well they are doing?Write a two-page paper summarizing your findings. The written summary should be double-spaced using 12-point Times New Roman font. You will need to cite your sources of information (at least three) at the end of the paper. Though the paper need not be in APA format, the citations at the end. One of those three citations may be from the Luthans and Doh textbook, and others can be citations from an online website.BOOK: International Management: Culture, Strategy, and Behavior 9th ed. Luthans & Doh 2014 McGraw Hill "9780077862442"

Answer

Management Decision and ControlIntroductionDecision-making is an important part of running a business. It provides necessary ideas which are vital in dealing with the specific challenges facing a firm as well as improving its performance outcomes. The process requires concerted efforts from all involved parties to enable the operation of brainstorming to be more effective (Luthans Doh, 2014). It also requires the input of different theories, which will be critical in making it sound and reasonable to the specific business model is applied. Where accurate decisions are customized to align appropriately to the business model in question, they present the ability to make the business more sustainable. The paper presents the decision-making and control strategies at Panasonic and Proctor &...
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