Management technology is largely determined by production technology and good/service sale and is aimed to ensure the continuity and control of processes. Management technology also includes certain time frames which often depend on both internal and external factors.
- Time on gathering and processing of information
- Time to make a decision
- Time to perform the task
- Time to control the work done
It is possible to optimize some of the steps using the system of effective management, but time spent on decision making depends on the experience and skills of the manager and on the information amount available for the manager on the moment of decision making.
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