Management and Technology in Knowledge, Service,
Tourism & Hospitality – Lumban Gaol, Mars & Saragih (Eds)
© 2014 Taylor & Francis Group, London, ISBN 978-1-138-00133-6
Recent inroads into decision-making theories
C. Vasanta Madhavi
Pagwon Consulting, Hyderabad, India
Archana Shukla
IIM Lucknow, India
ABSTRACT: Organizational hierarchies, technology, industry & research paradoxes, and risk analysis have
often been seen to be affecting the decision-making process and management within any sector of business. We
develop three propositions in this paper based on academic studies and industry cases. These serve as findings to
understand the subjective, qualitative and quantitative yardsticks to measure risk, opportunities and performance
within firms for ...