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Business strategy
How to be efficient at making good business decisions.
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[QUOTE="Axis, post: 337087, member: 66672"] Decisions in business is a must because when a business organization makes a decisions it will be able to achieve goals and objectives. Decisions has to do with choosing a choice out of a number of alternatives and before choosing you must carry out a feasibility analysis on each of these choices weighing it ups and downs. To be effective at making business decisions it is expected and important that you have all the facts. And if possible you can call a meeting of your business members that is your employees shareholders or even investors. Taking a one-sided judgment decision can lead to business bankruptcy and most of the time disagreements,. Another obvious thing to put into proper consideration when making business decisions is the resources needed to accomplish what the decision is expected to undertake. For example if a business organization is deciding whether to invest in a particular business strategy or two by more assets into the business organization. Whatever decision is made there must be sufficient resources for the decision to be successfully carried out. [/QUOTE]
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