Business Decision Making

Name: Business Decision Making
Brand: Taylor & Francis

Taylor & Francis

Business Decision MakingAuthor(s): Alan J. Baker\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138564305, 978-1138564305\nSynopsis\nOriginally published in 1981. Risk is a problem which all business decision makers have to cope with. The problem is not insurmountable, however, as there now exist well-established techniques for minimising risk and for calculating which of various available options is the optimal one to pursue. \n\nThis book outlines and discusses these techniques and the theories behind them. Unlike many economic theories which only rarely have any practical applications, the techniques put forward in this book can be used by real businessmen to solve real business problems. The book concentrates on decision-making in two main areas: the allocation of a firms resources and the selection of new investments; and the techniques and theories discussed fall into three broad groups: linear programming, decision theo.