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What is Decision-Making Process Explained about?

The document discusses decision theory, outlining the elements and processes involved in decision making, including diagnosing problems, evaluating alternatives, and selecting the best option. It categorizes decisions into types such as routine, programmed, and non-programmed, and highlights qualitative and quantitative techniques for effective decision-making. Key characteristics of decision making include being goal-oriented, continuous, and requiring the commitment of organizational resources.

Author

elgozsahby

Language

EN