Decision making approaches Normative, prescriptive and descriptive approaches, economic or rational choice model, Simon‟s bounded rationality model, incremental bargaining method, well managed model (Peters and Waterman), quantitative approaches Risk and uncertainty Role of stakeholders, attitudes to risk, risk identification and analysis, risk management planning, enterprise risk management Effectiveness of decision making Analysis and comparison of management decisions, evaluating decisions
Personal Development for Leadership and Strategic Management This unit aims to help learners develop their own personal leadership Unit aims London School of International Business | www.LSIB.co.uk
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