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MGT 350: Tools and techniques for Decision Analysis
Date Submitted: 09/10/2006 05:40:40
Category: / Business & Economy / Management
Length: 4 pages (1145 words)
Category: / Business & Economy / Management
Length: 4 pages (1145 words)
Making decisions is one of the most difficult and important tasks of a manager. Making valuable decisions not only impacts the success of the manager, but of the company as a whole. Several decision-making techniques have been developed to help individuals and organizations make the most efficient decisions possible. I have chosen to discuss Professor Hossein Arsham's (2006), Tools for decision analysis: analysis of risky decisions. He uses a step-by-step approach to make effective, significant decisions.
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…amp;lt;Tab/>Retrieved on June 15, 2006 from http://home.ubalt.edu/ntsbarsh/index.html
Decision making skills and techniques. (2006). Retrieved on June 14, 2006 from http:
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Framing the problem. (2006). Retrieved from http://content1.skillsoft.com/content/
<Tab/>cm/PD0232000000/summary.htm
Goulab, Andrew. (2004). Decision Analysis. John Wiley & Sons, Inc.
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