What is Decision Making? Meaning
The English linguistic communication give-and-take 'Decision' originated from the Latin give-and-take 'decisio' which agency "to cutting from."
'To decide' agency "to come upwards to a conclusion" or "to top a resolution."
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Decision making agency to select a course of pedagogy of activity from 2 or to a greater extent than alternatives. It is done to make a specific objective or to solve a specific problem.
Definition of Decision Making
According to James Stoner,
"Decision making is the procedure of identifying as well as selecting a course of pedagogy of activity to solve a specific problem."
According to Trewartha as well as Newport,
"Decision making involves the selection of a course of pedagogy of activity from amid 2 or to a greater extent than possible alternatives inwards gild to larn inwards at a solution for a given problem."
Articles on Decision Making
Articles on determination making inwards management :-
- blogspot.com//search?q=decision-making-process-in-management">Decision making procedure inwards management.
- blogspot.com//search?q=decision-making-process-in-management">Importance of determination making.
- blogspot.com//search?q=decision-making-process-in-management">Limitations of determination making.
- blogspot.com//search?q=decision-making-process-in-management">Steps inwards determination making process.
- blogspot.com//search?q=decision-making-process-in-management">Non-Programmed decisions inwards management.
- blogspot.com//search?q=decision-making-process-in-management">Modern techniques for making programmed decisions.
Components of Decision Making
Decision making inwards management has 3 components, viz.,
- Alternatives : There are 2 or to a greater extent than alternatives. Decision making agency to select the best alternative.
- Choice : Decision making involves a choice. It agency to select the best solution for solving the problem.
- Objectives or Problem : Decision making is objective oriented. It is done to make an objective or to solve a problem.