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What is Managerial Decision Making Techniques about?

Managerial decision making can be either programmed or non-programmed. Programmed decisions involve routine situations made using predetermined rules, while non-programmed decisions are for novel situations where rules are impractical. Non-programmed decisions carry more risk that the chosen decision could lead to losses rather than the intended results. Techniques like brainstorming and the nominal group technique can enhance group creativity in decision making. Brainstorming involves generating many novel

Author

Gary

Language

EN