A decision is a choice made between 2 or more available alternatives.
Decision Making is the process of choosing the best alternative for reaching objectives.
Managers make decisions affecting the organization daily and communicate those decisions to other organizational members.
Some decisions affect a large number of organization members, cost a great deal of money to Carry out, or have a long term effect on the organization. Such significant decisions can have a major impact, not only on the management systems itself, but on the career of the manager who makes them.
Other decisions are fairly insignificant, affecting only a small member of organization members, costing little to carry out, and producing only a short term effect on the organization.
TYPES OF DECISIONS:
PROGRAMMED DECISIONS:
Programmed decisions are routine and repetitive, and the organization typically develops specific ways to handle them. A programmed decision might involve determining how products will be arranged on the shelves of a supermarket. For this kind of routine, repetitive problem, standard arrangement decisions are typically made according to established management guidelines.
NON PROGRAMMED DECISIONS:
Non programmed decisions are typically one shot decisions that are usually less structured than programmed decision.
5 ELEMENTS OF THE DECISION SITUATION:
- The Decision Makers
- Goals to be served
- Relevant Alternatives
- Ordering of Alternatives
- Choice of Alternatives
DECISION MAKING PROCESS:
Decision making steps this model depicts are as follows:
- Identify an existing problem
- List possible alternatives for solving the problem
- Select the most beneficial of these alternatives.
- Implement the selected alternative.
- Gather feedback to find out if the implemented alternative is solving the identified problem.
its good and helpful
LikeLike
Perfect info
LikeLike
Very nyc n useful.Thanks
LikeLike
Non programmed decision: is always involved the managers
LikeLike
1.effective communication is the live wire of all organization. Justify this statement. 2. There is no one way to manage. Explain
LikeLike
Great Info.
LikeLike
Thanks a lot, its good!
LikeLike
very perfect info
LikeLike
I lyk it.it has helped me in writn my project.its nyc
LikeLike
Useful to everyday life.
LikeLike
it is nice however,i think you should also include the third type of decision that is made in an organization.
LikeLike
it is very useful and direct to the point
LikeLike
I need help on this question. ‘cost accounting: is the basis for managerial decision making and planning.
LikeLike
yes it is
LikeLike
The type of decision is good. Need more points.
LikeLike
It help to what to do at the right time
LikeLike
It’s great. It help to all mgmt student. Thanks
LikeLike
Gud to understand
LikeLike
its good but list all types of decision which is made by a manager
LikeLike
types of decisions are:
Stuctured, unstructured and third one is semi structured decisions.
If some one wants to know details pls contact on +92302 2080206
LikeLike
Tanx
LikeLike
It is wonderful n helpful
LikeLike
its good
LikeLike
gud 1. Keep it up
LikeLike
Well explanatory
LikeLike
this article was very helpful to me, and it will also help others, i commend the writer he did a very nice job and i thank him/her. good write up.
LikeLike
Good choice problem then decide best solution.
LikeLike
thanks for the info…..
LikeLike
This article is very good indeed.
LikeLike
Very helpful
LikeLike
very honest and not saying lie all people all ways saying the truth
LikeLike
good information
LikeLike
well defined info.
LikeLike
Hello i am kavin, its my first time to commenting anyplace,
when i read this article i thought i could also create comment due
to this brilliant piece of writing.
LikeLike
It realy helped
LikeLike
I am Ebenezer Quayson,student of Fiaseman Senior High School.I suggest that,decision making is the Process of making a chioce from alternative actions in order to solve a stated problem or objective of a business.
LikeLike
i love this answer…….. thanks……!!!!!!!
LikeLike
am glad
LikeLike
Really Helpful article
LikeLike
better information
LikeLike
Good start to build on. Thanks
LikeLike
nice one but other two types where are there?
LikeLike
Thanx alot ,you’ve saved me a big burden helped me do my coursework
LikeLike
its nice
LikeLike
I like it
LikeLike
Decision Making
LikeLike
who are more in involved in decision making
LikeLike
thanx. the presentation is so helpfull.
LikeLike
very nice and useful information about decision making thanks buddy
s
LikeLike
This is very useful keep it up
LikeLike
Nice its summarized.
LikeLike
Not totally convince on the type of decisions making process
LikeLike
Thank for your contributions towards acquiring knowledge.
LikeLike
This about notification really good lot of thanks
LikeLike
Need to also know more about factors considered when making quality decision
LikeLike
thank you so much this helped me with my school work
LikeLike
Ty sir it’s very useful I’m my studies!! Keep doing !!
LikeLike
I would like to Learning Decision Making style.
LikeLike
I never ever get this kind of deffinait on about decision making.
LikeLike
spot on
LikeLike
tadebaye@65gmail.com
LikeLike
I need to know the reference
LikeLike
Always I add something new when I read this articles
LikeLike
kinds of decision making expected form each levels and functions of management?
LikeLike
Its good help me but someone teaches types of decision making are thee. Those includes personal and organisational,basic and routine,programmed and non programmed
LikeLike
kind of decision
LikeLike
other types of decision making can be Routine and strategic decisions,policy and operating decisions,Organisational and personal decisions.any one can prove me right or wrong.
LikeLike
SOME TIME SOME DECISION ARE UNDERSTAND CUSTOMER AND MARKET NEED
LikeLike
Given to the important step for management
LikeLike
Brilliant information provided. Please can I ask you to provide additional information about decision making strategies within a school. Thanks.
LikeLike
I really like d contribution
LikeLike