Management Decision Problem

Management Decision Problem

A Management Decision Problem is whereby when a situation arises, and management of a company needs to make a decision which requires research and hence starts the research process. There is no actionable guidance.

It is simply a statement of the issue that management is dealing with, and there must be restatement in the research terms.

References

* http://cas.uah.edu/wrenb/mkt343/Problem.ppt


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