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Decision Making

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What are the advantages and disadvantages of making speedy decisions in a changing business environment? What are the trade-offs? Name two advantages and two disadvantages and one trade-off for each.

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What are the advantages and disadvantages of making speedy decisions in a changing business environment are examined. The trade-offs are provided. The expert names two advantages and two disadvantages and one trade-off for each.

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The key advantage of making a speedy decision making in a changing business environment is that it enables additional flexibility and ability to quickly adapt in a dynamic and ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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