Chapter P1, Problem 10DQ

Summary Introduction

To explain:

The nature of the decision making style followed by the chief executive officer of the organization.

Introduction:

Making decisions take up a major portion of a manager’s workload. The success or failure of an organization is heavily dependent on such decisions taken by them. Further, the style followed by managers in making decisions is also much instrumental in deciding the direction of the organization. If the decision making style of a particular manager is being accepted widely, there is a higher tendency of the decisions made by him/her being accurate.