Decision Making Process In MBA

[payal]

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Im a MBA student and looking for Decision Making subject notes, for that I need your help, so that I can have idea about it detailed process?

[shikha]

As you know to detailed process through Decision Making subject notes as you are MBA students, here I will provide you.

Here telling you some details from notes

Definition of Decision Making
A decision is a choice made between two or more available alternatives decision making is a process of choosing the best alternative for reaching objectives decision making is covered in the planning section of this text managers must also make decision when performing the other three managerial function-organizing, influencing, and controlling- the subject requires a separate chapters.

Types of Decision Making
There are two types of decision making:

Programmed decision making

Nonprogrammed decision making

Objects of Decision Making
Problem finding - Problem finding, as part of the intelligence phase, in conceptually defined as finding a difference between some existing situation and some desired state. This is compared to reality, difference and identified and the difference are evaluated as to whether they constitute a problem.

For full information please check the file

Notes MBA Decision Making