What is Decision Making? Meaning
The English linguistic communication discussion 'Decision' originated from the Latin discussion 'decisio' which way "to cutting from."
'To decide' way "to come upwards to a conclusion" or "to transcend a resolution."
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Decision making way to select a course of teaching of activeness from ii or to a greater extent than alternatives. It is done to accomplish 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 teaching of activeness to solve a specific problem."
According to Trewartha as well as Newport,
"Decision making involves the selection of a course of teaching of activeness from with ii or to a greater extent than possible alternatives inwards lodge to brand it at a solution for a given problem."
Articles on Decision Making
Articles on determination making inwards administration :-
- Decision making procedure inwards management.
- Importance of determination making.
- Limitations of determination making.
- Steps inwards determination making process.
- Non-Programmed decisions inwards management.
- Modern techniques for making programmed decisions.
Components of Decision Making
Decision making inwards administration has 3 components, viz.,
- Alternatives : There are ii or to a greater extent than alternatives. Decision making way to select the best alternative.
- Choice : Decision making involves a choice. It way to select the best solution for solving the problem.
- Objectives or Problem : Decision making is objective oriented. It is done to accomplish an objective or to solve a problem.