Decision making is an important management function. A manager's abilities and track record as an effective decision-maker will determine how his/her performance is evaluated in the organisation.

The three techniques:

Understand cultural differences

Create standards for good decision-making

Use an effective decision-making process

Qns:

Define 'decision-making'. Outline and discuss, using your own words, the three (3) techniques for improving managerial decision-making in today's ever changing business environment. Provide one (1) relevant exempt for each of the techniques.