Managerial decision makers must cope with complexity and/or uncertainty. This course presents a systematic approach to structuring and analyzing decision problems including the use of statistical tools and spreadsheet programs. To stress the generality of this approach, problems from all functional areas and various industries are discussed. The course also examines a number of innovative management tools that are changing the practice of management.
Managerial decision makers must cope with complexity and/or uncertainty. This course presents a systematic approach to structuring and analyzing decision problems including the use of statistical tools and spreadsheet programs. To stress the generality of this approach, problems from all functional areas and various industries are discussed. The course also examines a number of innovative management tools that are changing the practice of management.
