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Information procurement decisions

In: Successful Decision-making

Author

Listed:
  • Rudolf Grünig

    (Université de Fribourg LS für Unternehmensführung)

  • Richard Kühn

    (Universitét Bern Fak. Rechts-/Wirtschaftswissenschaften Inst. Marketing/Unternehmungsführung)

Abstract

When tackling a decision problem, the actor always has to work on two levels: The first is the problem itself: the actor has to analyse and understand the problem, to identify solution options, to assess these and finally to make a decision. In addition there will be a number of tasks at the meta-level. We have already seen that the problem-solving work must be planned; the various tasks will need to be allocated to different staff and this work must be coordinated. A further major task at the meta-level is to decide whether to proceed with problem-solving on the basis of existing information or whether the level of information should first be improved.

Suggested Citation

  • Rudolf Grünig & Richard Kühn, 2009. "Information procurement decisions," Springer Books, in: Successful Decision-making, chapter 11, pages 185-196, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-00854-2_12
    DOI: 10.1007/978-3-642-00854-2_12
    as

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