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Why Managers and Companies Take Risks
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Why Managers and Companies Take Risks

2006 ed.

Book Details

Format Paperback / Softback
ISBN-10 3790816957
ISBN-13 9783790816952
Edition 2006 ed.
Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint Physica-Verlag GmbH & Co
Country of Manufacture DE
Country of Publication GB
Publication Date Jun 7th, 2006
Print length 349 Pages
Product Classification: Management decision making
Ksh 16,200.00
Werezi Extended Catalogue 0 in stock

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The few studies set in real-world condi­ tions tend to concentrate on just a single aspect of decision makers' attrib­ utes, setting and behaviour, and on either decision choices or outcomes.

The book answers a simple question: when managers and companies face a decision with two outcomes that are safe and risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk and decision making by managers. The book then gathers real-world evidence using two surveys of senior managers and directors to analyze why they take risks, and how companies control risks.


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