Decision analysis looks at the paradigm in which an individual decision maker (or decision group) contemplates a choice of action in an uncertain environment. The theory of decision analysis is ...

Small business owners and managers make decisions that affect everyday operations and long-term profitability. These decisions typically involve making choices to achieve desired outcomes. For example ...

One of the most fundamental aspects of starting and managing a business is formulating the company's overall mission and goals. Strategic planning is the process of creating a mission, objectives and ...

Are you struggling to find effective solutions to problems you face in your professional or entrepreneurial ventures? Are you often indecisive when faced with complex decisions? The ability to solve ...

Cognitive styles measured by the Myers-Briggs indicator were studied to isolate how style influences decision behavior. An experiment was conducted in which experienced decision makers from hospitals ...