What do you see as the main difference between a successful and an unsuccessful decision? How much does luck versus skill have to do with it? Give a detail note on it.
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Success may be defined as the achievement of something desired, planned or attempted.In order a decision to be successful a company should make sure that they make the best choice by going through the formal steps of the rational decision making model. The rational decision making model describes the series of steps that decision makers should consider if their goal is to maximize the quality of their outcomes.
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