Published: 11 Apr 2018 › Updated: 11 Apr 2018
The formulation of goals
For one to make a decision, one must have goals that one expect to achieve. The goals to be achieved may be determined by the organization and could aim at minimizing cost or maximizing profit. in the case of the production manager, the decision at the level could be to reduce rejects by 20%or increase average output by 10%.
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