Buy custom Why are strategic decisions different from other kinds of decisions? How? Why?
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 771 |
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Cause and effect relationships are difficult to see, much less assess, when there are many causes, and when many divergent effects exist. Determination of cause and effect relationships is made more difficult by uncertainty about the time lag of effects in complex systems. In addition, there may be many-linked cause and effect chains...
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In addition, there may be many-linked cause and effect chains. A given initial cause may produce an effect that gives rise to a second-order effect which may, in turn, give rise to a third-order effect.
Ambiguity exists when a given event or situation can be interpreted in more than one way. System complexity contributes ambiguous meaning, as does uncertainty about the full range of factors operating in a situation...
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