INTRODUCTION
Managing a decision is an important managerial activity, and central point
of the managing process. Decisions are made by every manager through its
significance and coverage depends on the situation, problem and hierarchy.
Indeed, the managers manage by making decisions and getting them implemented.
DEFINITION
1. It is a process of a solution
selected after examining several alternatives chosen because the decider
forsees that the course of action he elects will do more than the others to
further his goals and will be accompanied by the fewest possible objectionable
consequences.
2. is the act of
choosing one alternative from among a set of alternatives.
TYPES OF DECISIONS
A programmed and Non programmed decisions
A programmed decision , decision that is relatively structured or
recurs with some frequency or both.
Non programmed decision, decision that is relatively unstructured
and that occurs with low frequency.
Routine and Strategic decisions
Routine or Tactical decisions, are made repetitevely following
certain established rules, procedures and policies.
Strategic decisions, are more important and so they are taken always by the
top management. They are related to strategic matters and so require a thorough
fact finding and analysis of the possible alternatives.
Policy and Operating decisions
Policy decisions, are of vital importance and are taken by the top
management. They affect the entire enterprise.
Operating decisions,are taken by the lower management in order to put into
action the policy decisions.
Organisational and Personal decisions
Organisational decisions, are those which a manager takes in his official capacity.Such decisions can
be delegated.
Personal decisions, which relate to the manager as an individual and not as a member of
the organisation, cannot be delegated.
DECISION MAKING PROCESS
REF:
1-M.SAKTHIVEL MURUGAN, Management principles and practices.
2-A.DUBRIN, Essentials of management.
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