Describe the behavioral nature of decision-making. Be certain to provide some detail about political forces, risk propensity, ethics, and commitment in your description.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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2. Describe the behavioral nature of decision-making. Be certain to provide some detail about
political forces, risk propensity, ethics, and commitment in your description.
ccessibility: Unavailable
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Feb 12, 2022, 12:37 PM
Transcribed Image Text:2. Describe the behavioral nature of decision-making. Be certain to provide some detail about political forces, risk propensity, ethics, and commitment in your description. ccessibility: Unavailable W Feb 12, 2022, 12:37 PM
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Step 1 INTRODUCTION

Decision-making is one of the key processes to arrive at a specific conclusion. While making a rational decision whether, in business or personal life, an individual must consider the benefits and limitations concerning the available alternatives and then draw some specific conclusion. In almost all the activities decision-making is significantly involved. Some decisions are big and have more influence while some are simple. Decisions determine the future success and failure to a larger extent therefore, one must carefully scrutinize the opportunities for creating a positive influence. In an organizational context, a manager makes key decisions almost every day to carry smooth operations daily. 

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