Question

Select the three primary decision-making challenges facing managers today.

-Managers need to analyze large amounts of information
-Managers need to make decisions based on instinct and intuition because they do not have access to large amounts of information
-Managers have infinite time to make decisions
-Managers must apply sophisticated analysis techniques, such as ---Porter's strategies or forecasting, to make strategic decisions
-Manager must make decisions quickly

Answer 1

Managers today face challenges related to analyzing large amounts of information, making decisions quickly, and applying sophisticated analysis techniques.

Step-by-step explanation:

The three primary decision-making challenges facing managers today are:

1. Managers need to analyze large amounts of information, which can be overwhelming and time-consuming.
2. Managers must make decisions quickly, as the pace of business is often fast-paced and decisions need to be made in a timely manner.
3. Managers must apply sophisticated analysis techniques, such as Porter's strategies or forecasting, to make strategic decisions. This requires a deep understanding of the techniques and their application in the specific business context.