How do certainty risk and uncertainty affect decision making

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Reference no: EM131498396

Question: 1. Why is decision making often described as the essence of a manager's job?

2. How is implementation important to the decisionmaking process?

3. What is a satisficing decision? How does it differ from a maximizing decision?

4. How do certainty, risk, and uncertainty affect decision making?

Reference no: EM131498396

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