1 BUSINESS AND FINANCE Social Networks for Collaborative Decision Making Student Name: Instructor: Institutional Affiliation: Date: BUSINESS AND FINANCE 2 Executive Summary In this collaborative decision-making article, the definition of two major cases is shown almost in every part of the work. The article considers exhausting the interaction between a group or collaborative decision-making process and social network analysis. Decision making is portrayed as a delicate process that depends on several factors and when it flops several negative happenings are recorded in the outcome activities. Keeping such occurrences in check requires the social network involvement so as to bring about the concept of collective or collaborative decision making. The article then proceeds to exploit how social network analysis is practically applied given the daily occurrences. That is where the social media networks, such as Facebook, Whatsup, and LinkedIn, are exploited to show which ones are the most robust in the application. Generally, the media network are used to ensure efficiency in various organizations, which triggers the process of collaborative decision making. Background Information In this article, the primary focus is in the analysis of social network considering the entire concept starting from its definition, tools, and applications. The whole analysis foundation is on certain assumptions that consider relationship necessity amongst various interacting units. Such analys ...
Purchase document to see full attachment