Explain the different types of decision-making in management and discuss the factors that influence decision-making in organizations
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Explain the different types of decision-making in management and discuss the factors that
influence decision-making in organizations
Step by step
Solved in 3 steps
- Discuss the concept of decision-making in management. How does it relate to the decision- making process in organizations?What is decision Making? And what is the impact of decision making in an organizationDemonstrate knowledge of the application of decision-making tools and approaches for various problems in business and management.
- How do policies influence the decision making behavior of managers?What are the ethical considerations involved in decision-making patterns, and how can individuals and organizations incorporate ethical frameworks into their decision-making processes?How business decision-making provides the process of identifying, analyzing, and selecting among alternative courses of action to achieve organizational objectives? What is individual and group decision processes and how do they impede business decision-making?