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Decision Making (Page 2)
March 3rd, 2022
ORAPAPA theory: this article will explain the ORAPAPA theory in a practical way. After reading, you will understand the basics and importance of making the right decisions within the company.
What is the ORAPAPA theory?
It is important first to…
March 3rd, 2022
The Stepladder Technique: this article provides a practical explanation of The Stepladder Technique. After reading, you’ll have a better understanding of how you can encourage individual participation in group decisions while using creativity.
What is the Stepladder Technique?…
March 3rd, 2022
Risk Impact Probability Charts: this article provides a practical explanation of risk impact probability charts. After reading, you’ll understand the basics of this powerful decision-making tool.
What are Risk Impact Probability Charts?
A Risk Impact Probability Chart is…
March 3rd, 2022
Business Experiments: this article provides a practical explanation of various forms of Business Experiments. After reading, you’ll understand the basis of this supportive function for decision making, the various experiments, and the added value of experiments for both the organisation…
March 3rd, 2022
Paired Comparison Method: this article explains the Paired Comparison Method in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool.
What is the Paired Comparison Method?
Paired Comparison Method is a handy…
March 3rd, 2022
Futures Wheel: this article explains the Futures Wheel by Jerome Glenn in a practical way. After reading it, you will understand the basics of this powerful decision making method.
What is the Futures Wheel?
The American scientist Jerome C. Glenn…
March 3rd, 2022
TDODAR decision making model: this article provides a practical explanation of the TDODAR decision making model. After reading, you’ll have a basic understanding of this powerful decision-making tool.
What Is the TDODAR Decision Making Model?
The TDODAR decision…
March 3rd, 2022
Impact Analysis: this article explains the Impact Analysis in a practical way. After reading it, you will understand the basics of this powerful decision making method.
What is an Impact Analysis?
In 1996, American software engineers Robert S. Arnold and…
March 3rd, 2022
Linear Programming: this article explains Linear Programming in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool.
What is Linear Programming?
Linear programming is a mathematical method to determine the optimal scenario.…
March 3rd, 2022
Monte Carlo Simulation: this article explains the Monte Carlo Simulation in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool.
What is the Monte Carlo Simulation?
The Monte Carlo Simulation is a…
March 3rd, 2022
Risk Analysis: this article provides a practical explanation of the concept of Risk Analysis. After reading it, you will understand the necessity and the benefits of Risk Analysis.
What is Risk Analysis? the definition
Organisations are often exposed to…
March 3rd, 2022
Prospect Theory: this article explains the Prospect Theory by Amos Tversky and Daniel Kahneman in a practical way. After reading it, you will understand the basics of this powerful Decision Making tool.
What is the Prospect Theory?
The Prospect Theory…
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