Discuss the strategic importance of layout decisions. How important as these decisions in terms of a company?s long-term profitability goals? What are some examples?
Decision Making is an essential step for the organization from buying a resource until consumer satisfaction decisions are made in order to maximize the profits. Managers and associates use many strategic models to ensure they opt for the correct choice are being taken.
Answer and Explanation:
Layout decisions are the factors that help in determining long term efficiency of the business activities. It is important for an organization to...
See full answer below.
Learn more about this topic:
fromChapter 7 / Lesson 3
The Decision-making process differs among various organizations. Learn the intelligence, design, and choice stages in the process, and the different types of decisions they lead to which help facilitate countless areas in personal, and professional life.