Abstract
The decision made by Top Management Team is fatally important for business operation. So, how to improve the quality and reliability of decision-making seems very necessary. Starting from the Prospect Theory of behavioral decision-making theory, this paper puts forward testing decision-making behaviors of Top Management Team, and analyzes the specific process and methods of decision-making. According to results of the decision-making behavior testing, the characteristics of Top Management Team can be obtained, and so as to provide reasonable foundation for evaluation and improvement of decision-making behaviors.
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Acknowledgments
This work was partly supported by the National Science Foundation of China (Project No. 71171043), the National Basic Scientific Research Expenses—National Project Breeding Fund (Project No. N090406006) and the National Undergraduates Innovating Experimentation Project “Under Team Task Situations Decision-Making Behavior of Business Executives Test Platform” (Project No. 110105).
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Hong, Xy., Yu, Zc., Wang, Z., Jiang, Y. (2013). Research on Decision-Making Behavior Test System for Top Management Team Based on Simulation Environment. In: Qi, E., Shen, J., Dou, R. (eds) The 19th International Conference on Industrial Engineering and Engineering Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-38391-5_161
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DOI: https://doi.org/10.1007/978-3-642-38391-5_161
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