Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map

Leilanie Mohd Nor

doi:10.3990/2.268473786

Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map

Leilanie Mohd Nor

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic

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Abstract

This is a conceptual paper in exploring the differences in decision making process between family business and non-family business in the construction industry in Malaysia. The understanding of the complexity and dynamics of a family business is becoming more prevalent among researchers. Fast decision making is not only seen as necessary but crucial to ensure speed and efficiency in responding to market opportunities and maneuvering through market uncertainties and tumultuous environment, with the intention to diversify their businesses by finding opportunities towards new venture creation. This study intends to suggest how to simplify decision making and find tactics to have quality decision making. Hence, this study will focus primarily on the decision making process which is mapped against the Bayesian causal map.

Original language	English
Title of host publication	Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010
Editors	Gloria Rossini
Place of Publication	Enschede
Publisher	University of Twente
Number of pages	32
ISBN (Print)	9789036530316
DOIs	https://doi.org/10.3990/2.268473786
Publication status	Published - 2010
Externally published	Yes
Event	18th Annual High Technology Small Firms Conference, HTSF 2010 - University of Twente, Enschede, Netherlands Duration: 27 May 2010 → 28 May 2010 Conference number: 18

Conference

Conference	18th Annual High Technology Small Firms Conference, HTSF 2010
Abbreviated title	HTSF
Country/Territory	Netherlands
City	Enschede
Period	27/05/10 → 28/05/10

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10.3990/2.268473786

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Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010
Rossini, G., 2010, Enschede: University of Twente. 754 p.
Research output: Book/Report › Book › Professional

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Cite this

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title = "Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map",

abstract = "This is a conceptual paper in exploring the differences in decision making process between family business and non-family business in the construction industry in Malaysia. The understanding of the complexity and dynamics of a family business is becoming more prevalent among researchers. Fast decision making is not only seen as necessary but crucial to ensure speed and efficiency in responding to market opportunities and maneuvering through market uncertainties and tumultuous environment, with the intention to diversify their businesses by finding opportunities towards new venture creation. This study intends to suggest how to simplify decision making and find tactics to have quality decision making. Hence, this study will focus primarily on the decision making process which is mapped against the Bayesian causal map.",

author = "{Mohd Nor}, Leilanie",

year = "2010",

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language = "English",

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editor = "Gloria Rossini",

booktitle = "Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010",

publisher = "University of Twente",

address = "Netherlands",

note = "18th Annual High Technology Small Firms Conference, HTSF 2010, HTSF ; Conference date: 27-05-2010 Through 28-05-2010",

}

Mohd Nor, L 2010, Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map. in G Rossini (ed.), Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010. University of Twente, Enschede, 18th Annual High Technology Small Firms Conference, HTSF 2010, Enschede, Netherlands, 27/05/10. https://doi.org/10.3990/2.268473786

Decision making process : a comparison between family business and non-family business in the construction industry the Bayesian causal map. / Mohd Nor, Leilanie.

Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010. ed. / Gloria Rossini. Enschede : University of Twente, 2010.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic

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AB - This is a conceptual paper in exploring the differences in decision making process between family business and non-family business in the construction industry in Malaysia. The understanding of the complexity and dynamics of a family business is becoming more prevalent among researchers. Fast decision making is not only seen as necessary but crucial to ensure speed and efficiency in responding to market opportunities and maneuvering through market uncertainties and tumultuous environment, with the intention to diversify their businesses by finding opportunities towards new venture creation. This study intends to suggest how to simplify decision making and find tactics to have quality decision making. Hence, this study will focus primarily on the decision making process which is mapped against the Bayesian causal map.

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ER -

Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map

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Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010

Cite this