International Journal of Application or Innovation in Engineering & Management
An Inspiration for Recent Innovation & Research….
ISSN 2319 – 4847
www.ijaiem.org

Call for Paper, Published Articles, Indexing Infromation EFFECTIVE DECISION MAKING IN MANAGEMENT, Authors : S.Tephillah Vasantham, International Journal of Application or Innovation in Engineering & Management (IJAIEM), www.ijaiem.org
Volume & Issue no: Volume 3, Issue 11, November 2014

Title:
EFFECTIVE DECISION MAKING IN MANAGEMENT
Author Name:
S.Tephillah Vasantham
Abstract:
ABSTRACT A decision is choice out of several alternatives (options) made by the decision maker to achieve some objective s in a given situation. Business decisions are those, which are made in the process of conducting business to achieve its objective in a given environment. Managerial decision-making is a control point for every managerial activity may be planning, organizing, staffing, directing, controlling and communicating. Decision-making is the art of reasoned and judicious choice out of many alternatives. Once decision is taken, it implies commitment of resources. The business decision-making is sequential in nature. In business, the decisions are not isolated events. Each of them has a relation to some other decision or situation. The decision may appear as a ‘snap’ decision but it is made only after long chain of developments and a series of related earlier decisions. Keywords:- Decision making process, Types of Decisions, Decision making systems
Cite this article:
S.Tephillah Vasantham , " EFFECTIVE DECISION MAKING IN MANAGEMENT " , International Journal of Application or Innovation in Engineering & Management (IJAIEM), Volume 3, Issue 11, November 2014 , pp. 115-116 , ISSN 2319 - 4847.
Full Text [PDF]                          Home