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Decision Making Prepared By: Gurpreet Singh Meaning & Definition Making finding means selecting alternative among from different alternatives. It is the core of managerial activities in an organization. According to George R. Terry: Decision making is the selection base on some criteria from two or more executable alternatives. It is concerned with selecting a assembly line of action from among alternatives to achieve a predetermined objective. Prepared By: Gurpreet Singh Characteristics 1. ground on keen-sighted thinking 2. It is plow followed by discussions and reasoning. 3. It is purposive i.e. it relates to the end. 4. It is usually positive sometimes certain decisions may be shun i.e. decision non to decide. 5. Based on the concept of commitment. 6. It involves evaluation. Prepared By: Gurpreet Singh Features 1. Goal-oriented cognitive operation 2. Selection process 3. Continuous process 4. Both an art and a attainment 5. Responsibility of managers 6. Mental process 7. Both positive and negative 8. Based on future course of action Prepared By: Gurpreet Singh Features… 1. 2. 3. Goal-oriented process: It aims at achieving certain specific goals of the org. Selection process: Selecting best alternative among all alternatives.

Continuous process: coach take decisions for different activities. 4. Both an art and a accomplishment: 5. Responsibility of managers: At all the levels of management. 6. Mental process: It involves mysterious and careful thinking. 7. Both positive and negative: To perform and not to perform activities. present conditions. 8. Based on future course of action: Based on the past experiences and Prepared By: Gurpreet Singh Classification or Types of Decisions 1. Programmed and Non-Programmed decisions 2. Routine and Strategic decisions 3. Tactical and functional decisions 4. Organizational and Personal decisions 5. Major and Minor decisions 6. Individual and throng decisions Prepared... If you want to get a full essay, order it on our website: Ordercustompaper.com

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