Comparison of Decision-making Skills of Students and Managers

Jaroslav Vrchota and Monika Švárová
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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

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015, vol. 63, issue 3, 1073-1077

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.

Keywords: competence; decision-making; students; managers; experience; knowledge; skills (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2015063031073

DOI: 10.11118/actaun201563031073

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