Limitations of Decision Making
Shortcomings / limitations of a decision making process inwards administration :-
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1. Time Consuming
A lot of precious fourth dimension is consumed for determination making. Individual decisions accept a lot of fourth dimension because the managing director has to report the merits too demerits of all the alternatives. He likewise has to accept advice from many people earlier making a decision. All this consumes a lot of time. Group decisions are likewise fourth dimension consuming. This is because it involves many meetings too each fellow member has to plow over his opinion. This results inwards delayed decisions or no decisions.
2. Compromised Decisions
In grouping decisions, at that topographic point is a divergence of opinion. This results inwards a compromised decision. H5N1 compromised determination is made to delight all the members. It may non last a right too bold decision. The character of this determination is inferior. So it volition non plow over proficient results on implementation.
3. Subjective Decisions
Individual decisions are non objective. They are subjective. This is because the decisions depend on the knowledge, education, experience, perception, beliefs, moral, attitude, etc., of the manager. Subjective decisions are non proficient decisions.
4. Biased Decisions
Sometimes decisions are biased. That is, the managing director makes decisions, which solely practise goodness himself too his group. These decisions conduct hold a bad number on the workers, consumer or the society.
5. Limited Analysis
Before making a determination the managing director must analyse all the alternatives. He must report the merit too demerits of each alternative. Then solely he must pick out the best alternative. However, virtually managers practise non practise this because they practise non larn an accurate date, too they conduct hold express time. Inexperienced researchers too incorrect sampling likewise resultant inwards a express analysis. This express analysis results inwards bad decisions.
6. Uncontrollable Environmental Factors
Environmental factors include political, social, technological too other factors. These factors are dynamic inwards nature too keeps on changing everyday. The managing director has no command over environmental factors. If these factors modify inwards the incorrect direction, his decisions volition likewise divert too larn wrong.
7. Uncertain Future
Decisions are made for the future. However, the futurity is really uncertain. Therefore, it is really hard to accept decisions for the future.
8. Responsibility is Diluted
In an private decision, solely i managing director is responsible for the decision. However, inwards a grouping decision, all managers are responsible for the decision. That is, everybody's responsibleness is nobody's responsibility. So, the responsibleness is diluted.