0
I believe every decision, financial or otherwise, should start with the question "Why?" This will promote a thorough reflection of what brought you to this choice in the first place. Whether it's a decision about savings, spending, paying down debt, or something else, I think "Why" is much more important than the "What" or the "How."
What else can I help you with?
Why is financial management important even if it is not in your line of work?
Financial Management deals with acquisition of funds for investment purposes and its wisely allocation of that funds. It is important to know Financial Management because we are involved in the process of making decision on Financial Planning,Control and Decision making in our firms as Managers.So we need to have knowledge of Financial Management for assisting us being best managers.
Difference betweenoperation decision making and strategy decision making?
dont know the answer
How do you know you are making good financial?
you dont be stupid and go spend all your money on things you cant afford!
How do you know you are making good financial decisions?
you dont be stupid and go spend all your money on things you cant afford!
What is meant by ambiguity decision making?
When you don't know even about what is problem; its alternatives and final results, and you made an answer then it is called Ambiguity decision making.
How would you describe your decision making style?
You should be able to discuss your decision-making style with a job interviewer. Interviewers need to know that you are capable of making rational decisions.
Why Managers should know about research?
for proper planning and decision making.
Distinguish between decision making under certainty and decision making uncertaintyMantion certain models for solving decision problem under uncertainty?
when you know all information about alternatives and the best chosen one is certainty when you donot know all information is uncertainty
How can frontline employees be supported for decision making?
As the frontline employees have more skill and experience in the industry they are suitable for decision making. Also they are the senior employees of the company that too helps in the decision making as they very well know the culture of the company.
How the cost concept is important for decision making?
to know if the project can be executed or not. its the window opener to help ensure that the resources are available.
How do you know when you're making the right decision?
Most people know right from wrong, do what you believe is right.
What are the modern process for decision making in business?
"do you know your enemy?" - Green Day
