Decisions: Problems or Opportunities?

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Cover of Volume: WiSt - Wirtschaftswissenschaftliches Studium Volume 49 (2020), Issue 6
Open Access Full access

WiSt - Wirtschaftswissenschaftliches Studium

Volume 49 (2020), Issue 6


Authors:
Publisher
Vahlen, München
Copyright Year
2020
ISSN-Online
0340-1650
ISSN-Print
0340-1650

Chapter information


Open Access Full access

Volume 49 (2020), Issue 6

Decisions: Problems or Opportunities?


Authors:
ISSN-Print
0340-1650
ISSN-Online
0340-1650


Preview:

Many individuals and organizations face and address decision situations as problems, which are to be solved. However, decisions are the only way to influence actively what is important. This paper differentiates decision problems and decision opportunities and illustrates how proactive, value-focused decision making can create attractive decision opportunities and help reduce the chance of some unwanted decision problems.

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