Friday, July 26, 2019

Managerial Decision Making SA Case Study Example | Topics and Well Written Essays - 250 words

Managerial Decision Making SA - Case Study Example This plays a great role in reducing loses that might emanate from negative impacts. Communication is the key towards making rational decisions as different individuals are able to view a certain situation in different perspective an aspect that makes it easy to understand the weaknesses associated with making a specific decision (Bazerman & Moore 2013). The main aim of making critical decisions in business is to maximize profits and minimize risks. As a result, it’s important not to make quick decisions which are not well thought of as this might leave loopholes for the competitors to use against the business or organizations (Bazerman & Moore 2013). In conclusion, I believe that the model can be used in making decisions but other aspects should be incorporated because every challenge that faces an organization is unique in nature. As a result, this can be used as a platform for making decisions but other models should also be taken into

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