Title: management

Essay Details

Subject: Business
Author: Dusty P
Date: November 12, 2013
Level: University
Grade: A
Length: 88 / 26116
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Planning, for example, involves deciding what should be done? When? How? Where? and By whom? Other managerial functions, such as organizing, implementing, and controlling rely heavily on decision-making. Today's fast changing and global environment dictates that a successful enterprise has a rich decision-making process...

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This means not only gathering and processing data, but also making decisions with the support of state-of-the-art decision methods. Decision-making is the very foundation of an enterprise, and sound decision-making is absolutely necessary for gaining and maintaining a competitive advantage. In many enterprises the decision process entails great time and effort in gathering and analyzing information...

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