Rules of thumb in business decisionmaking: Heuristicsbased decisionmaking in small and medium Canadian businesses,Used

Rules of thumb in business decisionmaking: Heuristicsbased decisionmaking in small and medium Canadian businesses,Used

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Business executives face the challenge of making every day better business decisions. They make those decisions using gut feel, common sense, intuition, experience, and, often without knowing it, various forms of heuristics or rules of thumb. Over the past 25 years, as a senior executive of several Canadian hitech businesses, I noticed that the decisionmaking process I have applied was often based on personal experience. This book explores the heuristics personal experience is based on. The research this book is built on confirms the use of heuristics in business decisionmaking, presents some common business heuristics, and proposes methods of making the application of heuristics more useful for better decisionmaking in various business situations. Two main conclusions resulting from this research are: executives apply extensively various forms of business heuristics when solving business problems, and the heuristics they use are both tacit and explicit. Finally the book suggests a set of whathow rules that can assist in converting tacit business heuristics into explicit ones by expanding their information content.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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