BUSINESS DECISION MAKING

Real-World Business Decision Making

Real-World Business Decision Making

Introduction

Managers, by definition, are decision makers. One of the roles of the manager is just taking a series of decisions large and small. Making the right decision every time is the ambition of those who practice management. Doing so requires having a deep knowledge and extensive experience in the field. Thousands of decisions are made every day in business. Each is at different hierarchical levels - for example, a warehouse may decide to order new shelving, a CEO may decide to proceed with the acquisition of a competitor in difficulty. In addition, decisions ...