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MGT 350: Tools and techniques for Decision Analysis

Date Submitted: 09/10/2006 05:40:40
Length: 4 pages (1145 words)
Views: 18386

Making decisions is one of the most difficult and important tasks of a manager. Making valuable decisions not only impacts the success of the manager, but of the company as a whole. Several decision-making techniques have been developed to help individuals and organizations make the most efficient decisions possible. I have chosen to discuss Professor Hossein Arsham's (2006), Tools for decision analysis: analysis of risky decisions. He uses a step-by-step approach to make effective, significant decisions. …

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…amp;lt;Tab/>Retrieved on June 15, 2006 from http://home.ubalt.edu/ntsbarsh/index.html Decision making skills and techniques. (2006). Retrieved on June 14, 2006 from http: <Tab/>//www.time-management-guide.com/decision-making-skills.html Framing the problem. (2006). Retrieved from http://content1.skillsoft.com/content/ <Tab/>cm/PD0232000000/summary.htm Goulab, Andrew. (2004). Decision Analysis. John Wiley & Sons, Inc. <Tab/> <Tab/>

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