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Choose either a long range decision issue or a short range decision issue and devise your own hypothetical but practical example to illustrate the nature of these decisions. Your example should help...

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Choose either a long range decision issue or a short range decision issue and devise your own hypothetical but practical example to illustrate the nature of these decisions. Your example should help to explain the nature of the process involved in whichever level of decision issue you choose.
Answered Same Day Dec 20, 2021

Solution

David answered on Dec 20 2021
130 Votes
Let us consider an airlines company which is a globally recognized
and but presently facing problems of lower profit margins and increased cost and as a result losing its competitive advantage. To decide on the short term strategies for the company, the company needs to analyze its external and internal environment. The macro economic factors are explained by analysis of political, economic, legal, social,...
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