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What is Strategic Decision-Making Approaches about?

There are five main approaches to strategic decision making: 1. Formal structured approach which uses systematic planning and experienced decision makers. 2. Entrepreneurial approach where one individual makes bold decisions based on their vision and risk tolerance. 3. Incremental approach which considers limited alternatives out of necessity. 4. Intuitive approach where decisions are based on the promoter

Author

Shamseena Ebrahimkutty

Language

EN