Learning Objectives

Students will be able to systematically analyze and shape decision-making processes in business. They understand the factors that influence sound decision-making and can distinguish between different decision-making situations. Since the preparation and processing of this information is increasingly computer-based, they can analyze it using common decision-support systems.

Course Content

• Decisions and decision-making models in business administration;
• The basic model of business decision theory;
• Decision-making in the context of certainty, uncertainty, and risk.