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Business strategy
Business decision-making process__factors that affect that.
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[QUOTE="Axis, post: 303858, member: 66672"] Literally so many factors affect the business decision aspect of a particular business organisation, the business decision making processes will always include identifying the problem and formulating methods to solve the problem and last of all implementing the method in which was first formulated and deriving results and also proceeds. But for a particular business organisation to efficiently handle problems in such a way that derived and expected result will come out can only be achieved when the business managers and owners consider factors affecting efficient and effective business decision making. For example the business environment affects the business possibility to make efficient decision-making for example if the economic in which a particular business organisation is situated is facing the problem of inflation and deflation that can absolutely affect the business financial decision making process and always restrict the business to only channel available resources to the production of goods and services in which customers and members of the public are more likely to purchase or to buy which in all ramification is not a good decision but to some extent it is manageable for the business to at least stay alive and keep being in existence. [/QUOTE]
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