Descriptive decision models in decision theory

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Reference no: EM132250483

1. Organizational design (or structure) is considered one of the most important things to get right if a company is to successfully carry out its strategies. Describe the various elements of structure.

2. What is the difference between rational decision models and descriptive decision models in decision theory?

3. Deming was largely responsible for bringing statistical thinking and methods after WWII. How does the Deming Cycle impact Six Sigma and other forms of continuous improvement?

Note: please write in own words minimum 300 words and include the references.

Reference no: EM132250483

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