business decision-making

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• Business Decision Mapping — (BDM) is a technique for making decisions, particularly the kind of decisions that often need to be made in business. It involves using diagrams to help articulate and work through the decision problem, from initial recognition of the need… …   Wikipedia

• decision-making — deˈcision ˌmaking noun [uncountable] the process of making important business, political, or legal decisions: • government proposals aimed at improving the quality of decision making by the High Court • Lobbyists will always try to influence the… …   Financial and business terms

• Decision making — For Decision making in groups, see Group decision making. Sample flowchart representing the decision process to add a new article to Wikipedia. Decision making can be regarded as the mental processes (cognitive process) resulting in the selection …   Wikipedia

• Decision-making paradox — The word paradox (parádoxon (παράδοξον) in Greek) comes from the Greek words para (meaning against, contrary to) and doksa or doxa (meaning belief, understanding). A paradox is a seemingly true statement or group of statements that lead to a… …   Wikipedia

• Decision making models — All people need to make decisions from time to time. Given limited time in formulating policies and addressing public problems, public administrators must enjoy a certain degree of discretion in planning, revising and implementing public policies …   Wikipedia

• decision-making — /dəˈsɪʒən meɪkɪŋ/ (say duh sizhuhn mayking) noun 1. the process by which a person arrives at a decision, blending knowledge, experience and intuition. 2. the making of major decisions, as in the area of government, administration, business, etc.… …  

• decision making — The act of deciding between alternative courses of action. In the running of a business, accounting information and techniques are used to facilitate decision making, especially by the provision of decision models, such as discounted cash flow,… …   Accounting dictionary

• decision making — The act of deciding between two or more alternative courses of action. In the running of a business, accounting information and techniques are used to facilitate decision making, especially by the provision of decision models, such as discounted… …   Big dictionary of business and management

• Group decision making — (also known as collaborative decision making) is a situation faced when individuals are brought together in a group to solve problems. According to the idea of synergy, decisions made collectively tend to be more effective than decisions made by… …   Wikipedia

• Consensus decision-making — is a group decision making process that seeks the consent, not necessarily the agreement, of participants and the resolution of objections. Consensus is defined by Merriam Webster as, first, general agreement, and second, group solidarity of… …   Wikipedia

• Decentralized decision making — is any process where the decision making authority is distributed throughout a larger group. It also connotes a higher authority given to lower level functionaries, executives, and workers. This can be in any organization of any size, from a… …   Wikipedia