Decision making center definition

  • What is decision-making in an organization?

    A decision-making process is a series of steps taken by an individual to determine the best option or course of action to meet their needs.
    In a business context, it is a set of steps taken by managers in an enterprise to determine the planned path for business initiatives and to set specific actions in motion..

The decision-making center of a group of companies is the entity that makes the strategic decisions of the group and in which the officers or the board of directors meet.

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