Strategic Management: Decision Making Process

Strategic Management: Decision Making Process 

*Appropriate decision-making is central to successful strategic management. However, there are a variety of contradictory and competing approaches to understanding the decision-making process.
*Using empirical examples critically evaluate the various approaches to decision-making and suggest ways in which managers might address the complexity of decision-making.

*In general, it requires you to build your analysis on empirical examples of decision-making in order to demonstrate the limitations of the various approaches to decision-making.
*It also requires you to indicate how managers seek to overcome these limitations in practice.
*The empirical examples may be taken from an organization with which you are familiar and/or from published studies of decision-making.
*The central requirement is to demonstrate a critical understanding of the various approaches to decision making.

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