0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Identify three barriers to making good decisions?
Human biases, decision tools and lack of appropriate and adequate information
What are the three primary factors that together influence the ethical decision-making process?
Religious beliefs are very important when it comes to ethical decision-making. Some other factors are the education received from the parents and school.
What are the first three steps in the process of making an ethical decision?
Identify the problem, identify any competing ethical positions or principles, and go over ethical guidelines.
Three main decision making organisations in European union and Where are they based?
The legislative (i.e. the law-making) power belongs to European Parliament. It is based in Strasbourg. Another legislative body is the Council of the European Union (the council of ministers) . It represents the governments of the member states. Its headquarters is in Brussels.
Explain three reson why a business should have an account?
So as to take proper record of the business. This is aimed at knowing the rate to which such business is growing. It helps in decision making: Proper decision can only be effective with the aid of proper book of account. Determinant of Profit or loss: This is to ascertain whether a business is running on a profit or loss level.
What are the three elements of moral decision making?
The three elements of decision are; 1) Ability 2) Will 3) Knowledge
What are the three styles of decision making?
impulsive and rational
How can you use information systems to assist in decision making?
three dimensions of data
What are the three levels of decision making?
1. Risk 2. Capital 3. Resources
How to make decision making statements in c plus plus?
Decision making statements make use of conditional expressions. In C++ there are three possibilities: if/else, switch/case and the ternary operator (?:).
When to use of three types of decision making?
When you are in an accident or when you are making a choice. Also when yiu decide what is right or wrong. So make the right one.
What are the three factors of coding?
If you are referring to E/M coding, it would be History, Exam and Medical Decision Making.
What are some approaches to strategic decision making?
There are three major approaches to strategic decision making in business. The first is intuition, or making decisions on a hunch or with your 'gut'. The second is a small group process, where 3-4 people combine to hash out a decision. The last approach is through analytics. That is the process of letting data and research dictate a choice.
How to compare and contrast the three Nile Valley civiliztions?
Compare and contrast the three Nile Valley civilizations?
Identify three barriers to making good decisions?
Human biases, decision tools and lack of appropriate and adequate information
Issues in strategic decision making?
§ A company would have different people in decision making at different periods of time. Decision often require judgments and thus is important to note that the person related factors are important in decision making and the decision make differ as that person changes. § Again an individual does not take decisions alone. But often there is rumble in decisions, which could be between individual and group decision making. The decision taken by the group could be different from those that may be taken by the individual themselves. § The company would need to decide on what criteria it should make its decision. Thus it need a process of objective setting, which serve as benchmarks for evaluation of the efficiency and effectiveness of the decision making process. There are three major criteria in decision making- the concept of maximization, - the concept of satisfying, -the concept of instrumentalism. Based on the chosen concept, Strategic decisions will differ. § It is assumed that decision making is logical and thus there will be rationality in the decision making. In the context of Strategic decision making, it means that there would be a proper evaluation and then exercising a choice from among various alternative courses of action in such a way that it may lead to the achievement of the objectives in the best possible manner. § As the situations are complex, straightforward thinking may not be effective. Creativity in decision making may be needed, thus the decision must be original and different. But also based on situation and circumstances there could be variability in decision making.
What are the three main decision areas in business finance?
The three main decision areas in business finance are:Investment decision,Financing decision and Dividend decision
