Concept explainers
Decision making process:
Decision making is the process of making decisions which should be carried over in typical situation in order to safeguard the organization or to protect the organization from serious loss.
Explanation of Solution
Difference between unstructured decisions, structured decisions, and semi structured decisions.
Unstructured decisions | Structured decisions | Semi structured decisions |
Senior management are allowed to take the unstructured decisions in an organization. | Operational management are allowed to take the structured decisions in an organization. | Middle management in an organization are allowed to take the semi structured decisions... |
Explanation of Solution
Stages in decision making:
There are four stages in decision making. They are given as follows:
- Intelligence
- Design
- Choice
- Implementation
Intelligence:
Intelligence is used to identify the problem that occurs in an organization. It gathers the activities and informs to the managers about the performance of the organization and the problem which exists in an organization.
Design:
During the design, the individual designs possible solutions to the problems. The manager chooses the best and appropriate solution for the problem...
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