Answer:
Participation is needed to obtain necessary commitment
Explanation:
Decision Making Process is a process of Evaluation of various alternatives available through several methods like forecasting.
During evaluation, risk, time and the efficiency of these alternatives are checked.
Team-centred decision making style is preferable when;
1. Relevant information and how to go about issues cannot be not properly arranged by one person
2. Participation is needed for commitment
3. Making one individual as the central power hurts the team
4. If an uncommon decision is to be made
Answer:
Human skills
Explanation:
As the branch manager Barry requires human skills to perform his roles well. The human skills can also be referred to as interpersonal skills. These are those skills that would present Barry's ability to interact, work or relate effectively with people.
Human skills would enable Barry to make use of human potential in the company and also motivate the supervising managers for better results
The nominal interest rate will rise by 3%.
Nominal interest rate is the sum of real interest rate and inflation rate. Real interest rate is interest rate that has been adjusted for inflation. Inflation is the persistent rise in general price levels.
Nominal interest rate in year 2 = real interest rate + inflation rate
6% + 3% = 9%
Nominal interest rate in year 1 = 6%
Change in nominal interest rate = 9% - 6% = 3%
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The questions should I ask myself in order to avoid frustration and inaccurate messages are :
- How should the receiver respond?
- How should the receiver respond?
- What details regarding this subject should the receiver be aware of?
<h2>How can I develop a company message that is effective?</h2>
You must first gather the relevant data by completing either formal or informal research before you can start to write a good business message. Frequently, the data you gather while conducting research aids in the development of your message.
<h2>Which of the following best sums up a message with a long-term impact?</h2>
A message that is highly complicated and has a long-term impact should be delivered verbally." Identify whether the claim is accurate or not. Despite the possibility that audiences will accept imprecise, vague, or conflicting business communications.
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