Meaning of decision making

  • Decision-making skills

    decision noun (CHOICE)
    a choice that you make about something after thinking about several possibilities: She has had to make some very difficult decisions.
    The company will reach/come to/make a decision shortly..

What are the different steps in decision making?

A rational decision-making model typically includes ,the following steps:

  1. Identify the problem or opportunity

Establish and weigh decision criteria.
Collect and organize all related information.
Analyze the situation.
Develop a variety of options.
Assess all options and assign a value to each one.
Decide which option is best.
,

What are the different types of decision making?

There are many types of decision making.
Some of the Importance types are- Programmed and non-programmed decision.
Major and minor decision.
Routine and strategic decision.
Organizational and personal decision.
Individual and group decision.
Policy and operational decision.
Long-term, departmental, and non-economic decision.


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