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Comparison of Decision-making Skills of Students and Managers

Author

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  • Jaroslav Vrchota

    (Department of Management, Faculty of Economics, University of South Bohemia, Branišovská 1645/31a, 370 05 České Budějovice, Czech Republic)

  • Monika Švárová

    (Department of Management, Faculty of Economics, University of South Bohemia, Branišovská 1645/31a, 370 05 České Budějovice, Czech Republic)

Abstract

The aim of this paper is to analyze the level of decision-making skills of managers compared to the level of decision-making skills of students. Decision making is seen as a process that is based on our knowledge, skill, experience and partly influenced by our personality. The process ends by the right solution of the required quality, time and reasonable acceptability. Data was obtained through a questionnaire survey of 221 managers and 376 students from universities. Using the statistical method we accomplished to demonstrate that managers achieve higher levels of decision-making skills than students. The decision-making were based on analises the three subareas, where they found that students achieve better results in the field of information retrieval, the administration of tasks and justify the decision where executives received an average of 29% more points.

Suggested Citation

  • Jaroslav Vrchota & Monika Švárová, 2015. "Comparison of Decision-making Skills of Students and Managers," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 63(3), pages 1073-1077.
    • Handle: RePEc:mup:actaun:actaun_2015063031073
    DOI: 10.11118/actaun201563031073
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    Cited by:

    1. Chin-Tsai Lin & Ching-Chiang Yeh & Fan Ye, 2020. "Applying the Multi-Criteria Decision-Making Approach for Lawyer Selection from Law Firms’ Perspective in China," Mathematics, MDPI, vol. 8(8), pages 1-15, August.

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