The MD (Management decision) in the organization represents the act of the subject of management (the head of the organization or group of leading persons), directed on a choice from several alternative variants of organization development one of them, that will provide an achievement of the intended purposes with the minimum expenses. Human judgment should be a part of all decisions, but play a dominant role in significantly fewer of them. Is good old-fashioned intuition out of date? The purpose of this work is to estimate the role of a human factor in MDM (management decision-making), and consider possibilities of neutralizing the negative effect of it.

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Balashova Anna was born 08/11/94 in Angarsk city and for the last 20 years she lived in 3 different countries. She graduated from high school (on IBDP programm) in Krasnoyarsk city. Nowadays Anna is a fourth-year student of the Siberian Federal University, Institute of Management Business Process and Economics.