Question: QUESTIONS 2 : 4 5 MARKS Decision - making is a core aspect of managerial roles, especially in dynamic business environments. Discuss the decisionmaking process
QUESTIONS : MARKS
Decisionmaking is a core aspect of managerial roles, especially in dynamic business environments. Discuss the decisionmaking process in management and how it supports effective strategy implementation. In your assignment include:
Description of each stage in the decisionmaking process and how it can be applied in addressing a major business problem.
Analysis of the types of information systems that can aid decisionmaking, differentiating between operational, tactical, and strategic roles.
Explanation of how decisionmaking tools, such as decision trees or breakeven analysis, can assist managers in evaluating options for the business.
Provide relevant examples where possible to support your discussion.
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