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What is the need for decision making in the management of the business?

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What is the need for decision making in the management of the business?

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Decision making in the management of business solves many problems. The need for decision making, some points should be kept in mind. 

They are : 

1. Time factor 

2. Experience 

3. wise decision 

4. firmness 

5. boldness 

6. clarity

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