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What are the different types of decisions?
Decisions might be of different types:
Several of the significant kinds of managerial decisions are described below:
• Programmed - Non-Programmed decisions
• Major - Minor Decisions
• Routine - Strategic Decisions
• Organizational - Personal decisions
• Individual - Group decisions
• Policy - Operative decisions
• Departmental, Long-term - Non-Economic decisions
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what is the role and significance of quantitative techniques in modern management?
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