Purpose of Business and Business - Research Proposal Example
ging from a historically economic role, the business organization has evolved in response to social and political mandate of national public policy, rapid technology growth and revolution in global communication. The authors cited above have identified the following factors which characterize the complex business decision making environment.
Moreover increasing concerns of general public about environment and changing geo-political scenario of the world are continuously exerting pressure on world economy. Consequently the managers have to make decisions in more complex environment
Emory C. William (1985) has cautioned that the risks associated with decision making environment have been substantially increased. The complexity of decision making environment warn that decision makers making decisions without sound a priori justification based on research are treading on dangerous grounds.
