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Some of the newer techniques in managerial decision making are examined, with particular reference to those based on statistical and mathematical principles and the use of management information systems. The creativity approach in its modern form, described as lateral thinking, is reviewed. It...
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It is generally recognised and accepted that the fundamental role of a manager is “to get things done”. At times the manager has to make quick decisions about what has to be done and how. What is more, the decisions often have to be taken before all the relevant information is to hand. This...
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