What Contemporary Decision-Making Issues Do Managers Face?
4-5 Discuss contemporary issues in managerial decision making.
Today’s business world revolves around making decisions, often risky ones, with incomplete or inadequate information, and under intense time pressure. Most managers make one decision after another; and as if that weren’t challenging enough, more is at stake than ever before since bad decisions can cost millions. We’re going to look at three important issues—1 national culture, 2 creativity and design thinking, and 3 big data—that managers face in today’s fast-moving and global world.
How Does National Culture Affect Managers’ Decision Making?
Research shows that, to some extent, decision-making ...
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