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- https://biz.libretexts.org/Courses/Folsom_Lake_College/BUS_350%3A_Small_Business_Management_Entrepreneurship_(Buch)/05%3A_Managing_Small_Business_Growth/14%3A_Human_Resource_and_Operations_Management/14.04%3A_People_and_Organization/14.4.02%3A_Principles_of_Management_and_OrganizationHowever, this style works when all the information needed for a decision is present, there is little time to make a decision, the decision would not change as a result of the participation of others, ...However, this style works when all the information needed for a decision is present, there is little time to make a decision, the decision would not change as a result of the participation of others, the employees are well motivated, and the motivation of the people who will carry out subsequent actions would not be affected by whether they are involved in the decision or not.
- https://biz.libretexts.org/Bookshelves/Management/Small_Business_Management_in_the_21st_Century/12%3A_People_and_Organization/12.02%3A_Principles_of_Management_and_OrganizationHowever, this style works when all the information needed for a decision is present, there is little time to make a decision, the decision would not change as a result of the participation of others, ...However, this style works when all the information needed for a decision is present, there is little time to make a decision, the decision would not change as a result of the participation of others, the employees are well motivated, and the motivation of the people who will carry out subsequent actions would not be affected by whether they are involved in the decision or not.Kurt Lewin, “Lewin’s Leadership Styles,” Changing Minds, accessed February 2, 2012, ; Don Clark, “Leadership Styles,” Bi…
- https://biz.libretexts.org/Bookshelves/Management/Principles_of_Management/11%3A_Decision_Making/11.3%3A_Understanding_Decision_MakingFor example, if you are looking to purchase a house, you may be willing and able to invest a great deal of time and energy to find your dream house, but if you are looking for an apartment to rent for...For example, if you are looking to purchase a house, you may be willing and able to invest a great deal of time and energy to find your dream house, but if you are looking for an apartment to rent for the academic year, you may be willing to take the first one that meets your criteria of being clean, close to campus, and within your price range.
- https://biz.libretexts.org/Bookshelves/Business/Business_Ethics/Business_Ethics_(OpenStax)/11%3A_Epilogue_-_Why_Ethics_Still_Matter/11.00%3A_IntroductionThe text discusses the intersection of business ethics and personal decision-making, emphasizing that choices at work often reflect personal values. It underscores the importance of nurturing one's co...The text discusses the intersection of business ethics and personal decision-making, emphasizing that choices at work often reflect personal values. It underscores the importance of nurturing one's conscience, akin to caring for one's body, as a means to align being and doing. The development of a steadfast ethical stance is a gradual process, marked by self-doubt and mistakes but guided by wisdom and experience.
- https://biz.libretexts.org/Bookshelves/Accounting/Accounting_in_the_Finance_World/02%3A_What_Should_Decision-makers_Know_So_That_Good_Decisions_Can_Be_Made_about_an_Organization/2.01%3A_Creating_a_Portrait_of_an_Organization_That_Can_Be_Used_by_Decision_MakersThis page discusses financial accounting's objectives, comparing it to creating a portrait that aims for a fair representation of an organization's financial health rather than exact accuracy. It high...This page discusses financial accounting's objectives, comparing it to creating a portrait that aims for a fair representation of an organization's financial health rather than exact accuracy. It highlights the significance of understanding material and misstatements, as material misstatements can greatly influence decisions. The primary goal is to reduce discrepancies, ensuring that financial data reliably informs stakeholders.
- https://biz.libretexts.org/Bookshelves/Accounting/Accounting_in_the_Finance_World/02%3A_What_Should_Decision-makers_Know_So_That_Good_Decisions_Can_Be_Made_about_an_OrganizationThis page outlines essential aspects of organizational decision-making, focusing on building a comprehensive organizational profile, managing uncertainty, and the significance of Generally Accepted Ac...This page outlines essential aspects of organizational decision-making, focusing on building a comprehensive organizational profile, managing uncertainty, and the significance of Generally Accepted Accounting Principles (GAAP). It also introduces four key financial accounting terms and includes practical exercises for application.
- https://biz.libretexts.org/Courses/Prince_Georges_Community_College/BMT_1570%3A_SMALL_BUSINESS_MANAGEMENT_IN_THE_21ST_CENTURY_(Cooks_2021)/12%3A_People_and_Organization/12.02%3A_Principles_of_Management_and_OrganizationHowever, this style works when all the information needed for a decision is present, there is little time to make a decision, the decision would not change as a result of the participation of others, ...However, this style works when all the information needed for a decision is present, there is little time to make a decision, the decision would not change as a result of the participation of others, the employees are well motivated, and the motivation of the people who will carry out subsequent actions would not be affected by whether they are involved in the decision or not.Kurt Lewin, “Lewin’s Leadership Styles,” Changing Minds, accessed February 2, 2012, ; Don Clark, “Leadership Styles,” Bi…
- https://biz.libretexts.org/Bookshelves/Accounting/Accounting_in_the_Finance_World/01%3A_Why_Is_Financial_Accounting_Important/1.01%3A_Making_Good_Financial_Decisions_about_an_OrganizationThis page explains that financial accounting conveys an organization’s financial status to aid in decision-making for stakeholders like investors and employees. It distinguishes between financial acco...This page explains that financial accounting conveys an organization’s financial status to aid in decision-making for stakeholders like investors and employees. It distinguishes between financial accounting, which focuses on external reporting, and managerial accounting, aimed at internal decisions.
- https://biz.libretexts.org/Bookshelves/Civil_Law/Foundations_of_Business_Law_and_the_Legal_Environment/02%3A_Corporate_Social_Responsibility_and_Business_Ethics/2.02%3A_Major_Ethical_PerspectivesThis page explores major ethical theories influencing decision-making, including utilitarianism, deontology, and virtue ethics, emphasizing the need for diverse perspectives. It discusses the implied ...This page explores major ethical theories influencing decision-making, including utilitarianism, deontology, and virtue ethics, emphasizing the need for diverse perspectives. It discusses the implied social contract between corporations and society, highlighting corporations' responsibilities to address societal needs.
- https://biz.libretexts.org/Bookshelves/Accounting/Accounting_in_the_Finance_World/02%3A_What_Should_Decision-makers_Know_So_That_Good_Decisions_Can_Be_Made_about_an_Organization/2.02%3A_Dealing_with_UncertaintyThis page addresses the challenges financial accountants encounter due to uncertainty in reporting. It notes that while certain figures can be accurate, many situations, like lawsuits and warranties, ...This page addresses the challenges financial accountants encounter due to uncertainty in reporting. It notes that while certain figures can be accurate, many situations, like lawsuits and warranties, involve ambiguity, complicating precise reporting. The text also likens accounting to a language, emphasizing the importance of understanding its terminology and structural principles for effective communication and informed decision-making regarding an organization's financial health.
- https://biz.libretexts.org/Bookshelves/Accounting/Accounting_in_the_Finance_World/03%3A_In_What_Form_Is_Financial_Information_Actually_Delivered_to_Decision_Makers_Such_as_Investors_and_Creditors/3.02%3A_Reported_Profitability_and_the_Principle_of_ConservatismThis page stresses the necessity of thorough financial evaluations that go beyond net income to provide a complete assessment of a company's health. Relying solely on net income risks misunderstanding...This page stresses the necessity of thorough financial evaluations that go beyond net income to provide a complete assessment of a company's health. Relying solely on net income risks misunderstanding financial statements and can lead to potential losses for stakeholders. It argues for a realistic portrayal of performance while distinguishing between expenses and assets, underscoring that no single metric should dominate financial decision-making.
