Study of Strategic Decision-making Processes

Study of Strategic Decision-making Processes

The Role of Information

LAP Lambert Academic Publishing ( 2009-10-19 )

€ 68,00

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The focus of this book is on the use of information in the strategic decision-making process by executives in industrial organisations and how these processes have changed in recent years e.g. under the influence of increased availability of information resources. The executive that follows a rational approach collects and uses ample information in a structured decision-making process passing through a number of distinct phases in time. The value of information for strategic decision-making is supported by the results of our research. We observed that in rational decision-making, information relevant to the issues that have to be decided plays a crucial role in each phase of this process; executives have to acknowledge the facts in order to be able to consider an issue. The main reason for the use of information is a reduction of uncertainty needed to obtain the answer to an issue at hand.

Book Details:

ISBN-13:

978-3-8383-2154-7

ISBN-10:

3838321545

EAN:

9783838321547

Book language:

English

By (author) :

Charles Citroen

Number of pages:

200

Published on:

2009-10-19

Category:

Management