What are the key elements of effective decision-making, and how can managers develop the skills required to make sound decisions in a wide range of contexts?
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What are the key elements of effective decision-making, and how can managers develop the skills required to make sound decisions in a wide range of contexts?
Step by step
Solved in 3 steps
- How do managers make rational decisions?What are the steps of effective decision making? Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How can managers improve their decision making skills?How to improve the abilities of decision making?
- Can you explain the decision-making process with an example?Why is the management environment analysis important? What impact does this analysis have on decision making?"Because managers have so many powerful decision-making tools to use, they should be able to make more rational decisions" Do you agree with this statement?