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Management is essentially a bundle of the decision-making processes. Decision-making also plays an important role in the planning process. The effective decision involves two important aspects—the purpose for which it is intended, and the environmental situation in which it is taken.
Check out what Dr. Shannon Panzo has to say about the power of decision making, Miasma of Indecision, Intuition, Great Information, Fast, Confidence, Smart, IQ.