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The Role of Opinions in Decision-making
M Y Zainudeen, Management Consultant, Sri Lanka, Member
Opinions play a major role in decision making in the absence of sufficient management information and lack of analytic skills.
Although modern management tools emphasize that management information is very important in rational decision making, such decision making is not always possible.
There are instances where decision making is purely based on opinions held by the decision maker. Because on one hand analyzing management information takes a long time, and on the other hand... Read more? Sign up for free
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