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Business strategy
Factors affecting a business decision-making process.
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[QUOTE="Mikes smithen, post: 299888, member: 90053"] The decision-making of a particular business organisation can be affected by so many factors and just have you have already pointed out in the trade above some factors are considered to be external while some are considered to be internal and why some are also considered to be environmental related. Most importantly the ability for a particular business organisation to make a decision is based on informed judgements. A business owner or business manager cannot just wake up one day and carry out a particular decision in his or her business. But instead following the gradual process of making business decisions can definitely help him or her to either adjust in his or her view of business management and make it the right sense of decision. Technology and method of recording business that are absolutely perfect the ability for a particular business owner or manager to make effective decisions. Technology has brought about the use of computer devices which helps the easy retrieval as well as prolonged recording of business goods and services which leads to effective decision-making. [/QUOTE]
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