Discuss Three Major Ways in Which Managerial and Entrepreneurial Decision

question 3

Essay

Discuss three major ways in which managerial and entrepreneurial decision making differs. 

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Definitions:

Controversial Policy

A policy that generates significant debate or disagreement among groups or individuals due to differing values, beliefs, or interests.

Rich Communication Medium

A rich communication medium is a method of communication that can transmit immediate feedback and multiple cues (such as tone, facial expressions, and body language), enhancing the quality and depth of communication.

Computer-Mediated Communication

The exchange of messages between individuals or groups through the use of digital platforms or devices.

360-Degree Feedback

A performance appraisal system where an employee is evaluated by feedback collected from their supervisors, peers, subordinates, and sometimes themselves.