Thursday, September 17, 2009

Decision-making

A problem-solving process that has been preceded by a problem-finding process

The means through which a manager seeks to achieve a desired result.

Finding and choosing between alternatives.

Alternatives
Where do they come from?
How many are sufficient?
How many are too many?

How much effort should be expended in finding more alternatives?
How to control them?
How to analyse them effectively?

How to select the optimum alternative?

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