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Why do you say that mindless decision making can actually be more efficient?
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Why must economic decision making be efficient?
so that the income or benefits gained than the cost are
How opportunity costs are linked to economic decision making Markets under ideal conditions ensure an efficient allocation of scarce resources but in practice conditions are usually not ideal cri?
there is no answer
Four principles of economic decision making?
There are actually ten principles of economic decision making. The first four are, people face trade offs, the cost of something is what you give up to get it, rational people think at the margin, and people respond to incentives.
Elaborate the cost concept is important for decision making?
Cost concept for Decision making ?
How do you think good decision making contributed to the success of NASCAR?
A good decision making that contributed to the success of NASCAR was A good decision making that contributed to the success of NASCAR was
Why must economic decision making be efficient?
so that the income or benefits gained than the cost are
How does database help make efficient and effective decision in regards to operation of a business?
Decision-making for the business is really important, and a database of information to draw from when making decisions is so valuable.
Four stages of decision-making?
Actually there are six stages to decision making in business they are: 1.Problem analysis 2. Data Collection 3. Analysis and Evaluation of data 4. Formulate and test alternative strategies 5. Implement the decision 6. Evaluate the decision
What is decision and decision making?
Decision making is the process by which a decision is made. Communicating, when it comes to decision making, is the way the information about that decision is distributed to ensure everyone is aware.
Is democracy more or less efficient form of government than a dictatorship?
Typically more, but that depends on how you are using/meaning the word "efficient", very vague.
What is scientific decision-making?
Making a decision... but scientifically ! :)
State 6 steps of desion making and explain each?
There are a few steps in making a decision. The steps to making a decision are think about what to do, the after math of the decision and then making the decision.
Determine factors affecting decision implementation in an organization?
what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making
What is decision making and communicating?
Decision making is the process by which a decision is made. Communicating, when it comes to decision making, is the way the information about that decision is distributed to ensure everyone is aware.
What is a decision making?
Decision making is when you make a decision
What do you mean by Intuitive decision making?
What do you mean by decision-making
What do mean by decision making?
Decision making is deciding things.
