Managerial discretion involves:

Question

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Managerial discretion refers to the extent of freedom or latitude that managers have in making decisions and taking actions within their organizations. This means that managers have the autonomy and flexibility to use their judgment and expertise to address various issues and challenges faced by their organizations. It is related to the concept of decision-making power or authority that managers have in their roles. Societal expectations, resource dependence, adherence to societal norms, and external expectations may also influence managerial discretion, but they are not the same as managerial discretion itself.

Managerial Discretion Involves