Decision Analysis / Decision Making….we as individuals use this model everyday and we don’t even think about it (para 3.2-The Six Steps)
Imagine yourself in charge of a large organization that manufactures products for the consumer, you’re a public owned company (your stock is on the NYSE-Wall Street).
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Provide discussion and examples of your Decision Making Under Certainty and Decision Making Under Uncertainty how you would run your business, select suppliers and distribution networks, etc.?
(Remember, you’re in a competitive field where miscues lead to lost market share, and loss of revenue)