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A framework for decisions

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Managerial Economics
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Abstract

The basis of successful management is the effective practice of decision-making. Effective decision-making occurs by accident rarely enough to make these decision-makers legendary — the exceptions that prove the rule. In the majority of successful organisations (and the organisations most likely to be durable), effective decision-making must build upon the firm foundations of training and experience.

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© 1989 Stephen Hill

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Hill, S. (1989). A framework for decisions. In: Managerial Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19852-8_1

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