Decision making

INTRODUCTION Decision-making is the critical key to the survival of an organisation, more so in this present time where we see economic boundaries between countries crumble and businesses become more complex, global and knowledge-driven. Managers need to ensure that their organisations are continuously innovated and improved in order to achieve and maintain a sustainable competitive edge. In fact, Potter (1985) highlighted that it is this competitive ability which is considered to be at the core of …showed first 75 words of 3106 total…

…showed last 75 words of 3106 total…Robbins. S.P. (2002), "Foundation of Individual Behavior", "Individual Decision Making", Essential of Organizational Behavior, 6th edition, Prentice-Hall Inc. A Pearson Education Co., Upper Saddle River, New Jersey, pp. 14 - 29 and 73 - 86. Simon. N.A. (1978), "Rational Decision-Making In Business Organizations", http://www.nobel/economics/lauret/1978/simon_leature.pdf.htm, pp.343 - 371, retrieved on August 20, 2003. Stoner, A.F. and Freeman, R.E. (1989), "Problem Solving And Decision Making", Management, 4th edition, Prentice-Hall of India Private Limited, pp. 163 - 187.