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Managerial Decision Making Explained by Hey Y’all is a document available to read on EtoBox.

This document discusses managerial decision making. It outlines two types of decisions - programmed decisions for recurring problems and non-programmed decisions for unique situations. It also describes four levels of certainty in decisions - certainty, risk, uncertainty, and ambiguity. Three models of decision making are presented - the classical, administrative, and political models. The administrative model incorporates bounded rationality and satisficing. Six steps in the decision making process are pro

Author

Hey Y’all

Language

EN