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Briefly describe two decision traps

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1. Think of a company you are familiar with. Briefly describe a couple problems the company faces that could be addressed, at least in part, through optimization. The problems can be either strategic or operational in nature.

2. What is Decision Analysis? When is it most useful? Briefly outline the Scalable Decision Prpcess. How can a decision maker clearly communicate the objectives of a decision.

3. Briefly describe two Decision Traps and explain how a leader can try to avoid being impacted by it.

Reference no: EM131791547

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