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Problem Identification, Resolution, and Decision Making:
The first step in the problem solving and decision making process is to identify and define the problem. A problem can be regarded as a difference between the actual situation and the desired situation.
The Impact of Personality Traits and Problem Characteristics on Management Decision Making Outcomes: Some Experimental Findings and Empirical Conclusions
This article shows the reviewing of well-structured problems versus ill-structured problems. The research paper is seeing if there’s a lack of studies in this area and focus on economic research and practice in both scientific and professional positions. First, it examines how personality predetermination and behavioral patterns leads to higher “socio-economic” efficiency with certain problem categories. Second, a casual model and a setup for a laboratory experiments are purposed. Finally, this research might support organizations in their decision making processes.
Review of Various Approaches for Assessing Public Health Risks in Regulatory Decision Making: Choosing the Right Approach for the Problem
This article will show the differences in interpretation of risk assessment terminology. It gives several international and national organizations (Food and Agricultural Organization, World Health Organization, etc.) have addressed this issue, still confusion remains. The acceptance of risk assessment results by risk managers may reduce the usefulness for results of health practices and operations. The most appropriate assessment of risk management issues and corresponding risk assessment design needs formative stages of risk analysis processes. It is scientifically based, that risk assessments must be high quality, transparent, and reflective of current relevant scientific knowledge .
STRATEGIC DECISION-MAKING IN SMALL AND MEDIUM-SIZED ENTERPRISES: EVIDENCE FROM AUSTRALIA
This article discusses the strategic decision-making (SDM) processes in small and medium sized enterprises. It was also used in a two-staged SDM process rather than a problem-analysis-solution progression. Many SME owner's/managers had a narrow focus in developing potential decision alternatives. Also, the article research is a substantial body built on describing and detailing decision-making as a key process of strategic management (e.g. David, 2008;Eisenhardt 1999; Nutt and Wilson, 2010; Hart, 1992). Although key objective to meet effective suggestions for practice (I.e. how decisions should be made).
