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Decision-Making Model Analysis

Date Submitted: 07/11/2003 00:45:44
Category: / Business & Economy / Management
Length: 3 pages (883 words)
Introduction <Tab/>Individuals, groups or teams make decisions every day. Sometimes these decisions are as easy as choosing a meal on the menu or a movie to watch. These decisions have little or no impact on our life. However, there are decisions that bear greater consequences and therefore we may be more hesitant to decide, feeling frightened that if deciding incorrectly we may be less fulfilled or unhappy. Examples of these …
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…cure for all diseases, they can certainly be a starting point for improvement, by helping to discover the problem or the solution during the process. References Lyles, M. A., & Thomas, H., (1988). Strategic problem formulation: Biases and assumptions embedded in alternative decision-making models. Journal of Management Studies, 25(2), 131-145. Retrieved April 13, 2004 from, EBSCOhost Lahti, R. K., (1996). Group Decision Making within Organization: Can Models Help? Retrieved April 13, 2004 from, http://www.workteams.unt.edu/reports/lahti.htm
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