Explain the different types of decisions and give an example for each type.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explain the different types of decisions and give an example for each type.
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The employees will be supplied with their requirements, and the management will address the grievances of the employees quickly. The employees should be selected based on their talents, and ability to complete the assigned tasks effectively.
It is the duty of the manager to act as a bridge between the top management and employees and to communicate the decisions taken by the top management to the employees. Also the management in the organization should address the grievances of the employees by escalating them to the top management.
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