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This article delves into seven approaches in management decision-making, including Philosophical, Sociocratic, Technocratic, Scientific methods, and more, examining the types of knowledge and activities associated with each approach.
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Seven Approaches to Management Decision-making Wayne Smith, Ph.D. Department of Management CSU Northridge
Management Approaches to Decision-making (“Philosophical”)
Management Approaches to Decision-making(“Sociocratic”) more concentrated Type of Knowledge more diffused
Management Approaches to Decision-making (“Technocratic”) more non-programmed Type of Activity more programmed
Management Approaches to Decision-making (“Scientific”) more physical Root Mechanism more psychological
References • This material was excerpted and adapted from: • Davenport, T. (2009), “Make Better Decisions”, Harvard Business Review, Nov. 87(11), p. 117-123.