Business Decision Making Models

Topics:
Business Models,
Decision making
Tags:
Decision-making,
Management,
Model,
Security,
Strategy,
Tools & Techniques
Source:
decision-making-confidence.com

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Overview: The vast majority of business decision making models used in organisations nowadays are of the rational type. These models typically involve a listing of possible alternatives, with a comparison of the pros and cons of each. Then a rational, logical and sensible approach to picking the best option. Some of the more complex business decision making models also compare and contrast the risks associated with each alternative. The aim is to at least minimise any risk or damage.

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Format: HTML | Date: Jan 2008 | Pages: 5


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