Showing posts with the label University of Kuwait

Decision Making of Kuwaiti Business Students

Decision-making is an important skill for young college graduates to learn. The concept of decision making can be seen as the ability to evaluate alternatives in order to develop appropriate methods to obtaining goals (Edwards & Tversky, 1967). The more effective a person is in developing their decision making skills the more effective they will be in designing strategy.  One of the main criteria for any executive is to develop and implement strategy. One must think through all of the possible outcomes, understand the situation in it’s entirely, and then implement a program that effectively makes its way to an appropriate outcome. This is a complex and informational laden task that can be difficult on a macro scale.  Decision making skills can be improved with time and effort. For college students they learn these concepts in strategic management while others may learn them in corporate training. Improvement of such skills depends on the strength of that instruction