Monday, December 1, 2008

Decisions Making: The Essence of Manager's Job

Decision
Making a choice from two or more alternatives.

The Decision-Making Process
  1. Identifying a problem and decision criteria and allocating weights to the criteria.
  2. Developing, analyzing, and selecting an alternative that can resolve the problem.
  3. Implementing the selected alternative.
  4. Evaluating the decision’s effectiveness.

Problems and Decisions


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