Management Decision Making and Management Decision Making for Managers
1 . Articulate the differences between individual and group decision making, choice and problem-solving behaviour and their psychological dimensions.
2.Evaluate information from a range of sources and apply business data analysis techniques to provide a range of solutions to a management problem.
3.Evaluate the short-term and long-term consequences of business decisions for financial, environmental, and social performance.
4.Recognize the difficulties that imperfect information, risk, uncertainty, and complexity impose upon decision-makers and determine how these difficulties may best be mitigated, using appropriate risk management techniques.
3,000 words.