Speedy decisions in a changing business environment

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Q1) Discuss in detail the various decision making methodologies in management and the hows and why you would prefer one method as opposed to another. Also discuss alternative solutions. Please provide appropriate level references.

Q2) What are the advantages and disadvantages of making speedy decisions in a changing business environment? What are the trade-offs? Name two advantages and two disadvantages and one trade-off for each.

Reference no: EM1334291

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