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Decision making is an important management function. A manager's abilities and track record as an effective decision-maker will determine how his/her performance is evaluated in the organisation.
Three techniques for improving managerial decision-making:
Understand cultural differences
Create standards for good decision-making
Use an effective decision-making process
Define 'decision-making'. Outline and discuss, using your own words, the three (3) techniques for improving managerial decision-making in today's ever changing business environment. Provide one relevant exempt for each of the techniques.
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