An analysis of the impact of chaotic dynamics on management information flow models

摘要: Abstract Defined very broadly, Chaos Theory is the study of behavior dynamic, nonlinear, feedback equations which, with certain parameters, produce random-appearing output, although all parts equation system are deterministic. In this research we use insights provided by to investigate how chaos can impact management dynamics and thus influence managerial decision-making. It common dynamic mathematical models as aids management. If model formulation such that produces chaotic output under circumstances, decisions based on seriously compromised. Further, when several used concurrently, interactions between them may cause be even if no individual exhibits behavior. We provide an explanation reasons why happen, illustrate consequences through example.