Organizational Decision Making Decision making is a fundamental function of the management. It is the basic activity of the management. It reflects the success and failure of the management and the organization which mainly hinges upon the quality of decisions. The decision making role of the management is the ‘heart’ of the executive activities in …
Read MoreThe Analytic Hierarchy Process All the people are decision makers fundamentally. Everything they do consciously or unconsciously is the result of some decision. The information they gather is for helping them to understand the occurrences, in order to develop good judgements to make decisions about those occurrences. Not all the information is useful for improving …
Read MoreImportance of Decision making for Organizational Functioning Organizations with different structures and functioning in different environments are to be managed. The maximum activity of the management is to make numerous decisions which can be either simple or complex in nature and can have a high or a low impact. Decisions of all types and sizes …
Read MoreEffective Decision Making for Organizational Performance Decision-making is the selection of alternative course of action from available alternatives in order to achieve a given objective. Decision making is a matter of huge responsibility for the management since the performance of the organization heavily depends on the quality of the decisions made. Management of an organization …
Read MoreImportance of Time in Decision Making Decision making is one of the most important functions of the management in an organization. Decisions are the essence of management since they have a high impact on all the organizational plans of activities and results. Decision making involves a choice between alternatives. It is the ability to react …
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