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Decision Making Process In MBA |
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Re: decision making process in MBA
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 |
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