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Wednesday, April 3, 2013

Process of Decision Making in an organization for a Manager.

Decision Making

Decision making is defined as a rational superior among alternatives. A decision is the result of making a supposition or reaching a conclusion. In outrank to perpetrate their jobs well, managers must cause good decision.

The Decision Making address/ The Rational Model of Decision Making

There are different ways, or models, for thinking about decision making. Attempts to show how people should make a decision are called rational model of decision-making, it suck up that decision makers apply a carefully set of criteria or rationale for their decision. In the rational model, decision-making usually begins with a discernment that a enigma exists or a change is needed. once a problem is recognized, alternatives are sought that could snuff it the banish condition or achieve the goal.

1.Recognize and Define the problem

Carefully define the problem and make sure you foc utilise on the right problem. in one case a problem is recognized and defined, alternatives are sought that could eliminate the negative condition or achieve the goal. picks are activities that you conceptualise will lead to a better state of affair.

2.Generate Alternative Solutions

Explore as many alternatives as possible and be establish to creative solutions. Survey all possible objectives sought and the set relevant to the choice to be made.

3.Evaluate each solution ground on established criteria.

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Carefully evaluate alternatives in terms of costs, risks, and benefits. To pick among the alternatives, you have to use criteria to evaluate them. Among the most common criteria used are feasibility, time, cost, and personel acceptability. Criteria will usually vary from person to person, and it is non always clear what criteria are being used.

4.Decide on the optimal Solution

Re-evaluate positive and negative consequences of all alternatives even those originally rejected. here the evaluation can uncover faulty implementation or reveal that errors were made...

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