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Taxonomy of a decision: ranking operational decisions within the SME

Author

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  • Andrew Lynch
  • Con Sheahan

Abstract

Classical biological taxonomy comprises of three distinctive processes: the identification, classification and nomenclature of a given entity. This research applies the taxonomic process to operational decisions within the SME, allowing one such decision to be rated over another. The methodology was then applied to a case study company, before and after the introduction of decision support software (DSS), for a key decision-making process within that organisation. The value of this research lies in the ability to empirically measure the effect DSS (or a training program) has on a particular operational decision.

Suggested Citation

  • Andrew Lynch & Con Sheahan, 2009. "Taxonomy of a decision: ranking operational decisions within the SME," International Journal of Decision Sciences, Risk and Management, Inderscience Enterprises Ltd, vol. 1(1/2), pages 126-141.
    • Handle: RePEc:ids:ijdsrm:v:1:y:2009:i:1/2:p:126-141
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