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What will a good decision making system do?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
A good decision making system will?
which air force risk management process involves the 5-step
What core principle that serves as the foundation to good decision making?
What is a core principle that serves as the foundation to good decision making
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
What is the difference between an open decision making system and a closed decision making system?
A. Closed decision making system:If the manager operates in a known environment then it is a closed decision making system. The conditions of the closed decision making system are:(a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.(b) The manager has a model, a method or a rule whereby the decision alternatives can be generated, tested, and ranked.(c) The manager can choose one of them, based on some goal or objective.A few examples are:a product mix problem,an examination system to declare pass or fail, oran acceptance of the fixed deposits.B. Open decision making system:If the manager operates in an environment not known to him, then the decision making system is termed as an open decision making system. The conditions of this system are:(a) The manager does not know all the decision alternatives.(b) The outcome of the decision is also not known fully. The knowledge of the outcome may be a probabilistic one.(c) No method, rule or model is available to study and finalize one decision among the set of decision alternatives.(d) It is difficult to decide an objective or a goal and, therefore, the manager resorts to that decision, where his aspirations or desires are met best.Deciding on the possible product diversification lines, the pricing of a new product, and the plant location, are some decision making situations which fall in the category of the open decision making systems. by prerna
What will A good decision making system will?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
What will a good decision making system do?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
Cross matrix comparison to determin a risk level?
A good decision making system will
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
What is the difference between a decision aid and a support system?
Decision aid system is for decision making. A support system is a helpdesk.
What is good first step when making a decision?
think about the decision that you are making
A good decision making system will?
which air force risk management process involves the 5-step
What is another word for making a good choice?
It is making a good decision.
What is the need of decision making?
The need of decision making is maybe taking on a job that you need good leadership skills or decision making skills.
What core principle that serves as the foundation to good decision making?
What is a core principle that serves as the foundation to good decision making
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
decision support system (DSS)?
interactive and iterative managerial decision making
