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Describeing the role of subordinates in decision making is known as?
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In the classical model of decision-making the most appropriate decision given the likely future consequences to the organization is known as?
Optimum
What is the difference between an open decision making system and a closed decision making system?
A. Closed decision making system:If the manager operates in a known environment then it is a closed decision making system. The conditions of the closed decision making system are:(a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.(b) The manager has a model, a method or a rule whereby the decision alternatives can be generated, tested, and ranked.(c) The manager can choose one of them, based on some goal or objective.A few examples are:a product mix problem,an examination system to declare pass or fail, oran acceptance of the fixed deposits.B. Open decision making system:If the manager operates in an environment not known to him, then the decision making system is termed as an open decision making system. The conditions of this system are:(a) The manager does not know all the decision alternatives.(b) The outcome of the decision is also not known fully. The knowledge of the outcome may be a probabilistic one.(c) No method, rule or model is available to study and finalize one decision among the set of decision alternatives.(d) It is difficult to decide an objective or a goal and, therefore, the manager resorts to that decision, where his aspirations or desires are met best.Deciding on the possible product diversification lines, the pricing of a new product, and the plant location, are some decision making situations which fall in the category of the open decision making systems. by prerna
Span of management?
Also known as span of control, is a very important concept of organizing function of management. It refers to the number of subordinates that can be handled effectively by a superior in an organization. It signifies how the relations are planned between superior and subordinates in an organization.
What are the difference phases of decision making?
According to Simon (1977), Intelligence, Design, And Choice, known as IDC are the phases of Decision making process. In the intelligence phase, decision situation is studied, figure out severity of problem, ownership of the problem. In the design phase, design of solutions for the problem is created. In the choice phase, one of the best solution from the different designed solutions are selected.
What is a risk?
A decision based on what constitutes an acceptable level of risk
What is Vroom and Jago's decision making style when is influenced by subordinates?
Vroom and Jago's decision-making style when influenced by subordinates is known as "participative" or "consultative." This style involves leaders seeking input and feedback from their team members before making a final decision. It values collaboration, input, and buy-in from employees in the decision-making process.
What the decision making process in driving is known as?
the decision making process in driving is known as
What is multifactor Decision making?
A decision- making technique in which individuals subjectively and intuitively consider the various factors in making their selection is known as multifactor decision making.
Carefully choosing from from a set of alternatives to accomplish an objective is known?
Decision Making
In the classical model of decision-making the most appropriate decision given the likely future consequences to the organization is known as?
Optimum
How many kinds of leadership style do you have in management?
Essentially we have three generic kinds of leadership styles: 1. Authoriatarian or autocratic This is bossing people around. With this style the laeder tells people waht to do and does not consult subordinates. It is a unilateral one-man game usually based on a self importance fallacy. Sometimes it is done in situations where a quick decison has to be made within a short timeline and where subordinates may be lacking in expertise, that is when the leader wields considerable expert power. In a non-emergency situation it stinks and must be avoided for it stifles subordinate creativity. 2. Participative or democratic In this style the leader is consultative and decisions while are finally made by the leader are often sought from the subordinates. Contributions by subordinates are welcome. Hence democratic. Subordinates participate in problem-solving but they wont make the final decision because this role is retained by the leader. 3. Delegative or free reign This is a subordinate centered decision making. In this case decision making authority is devolved and decentralised to lie with the subordinates. This style empowers subordinates in decion making and gives them the liberty to gather, implement and evaluate them. This works well in situations of high subordinate knowledge power with a proven history of precision to justify such decision making liberty. It would be crass to try it in situations where subordinate expertise is hazy.
Carefully choosing from a set of alternatives to accomplish an objective is known as?
decision making (apex)
Carefully choosing from a set of alternative to accomplish objective is known as?
decision making (apex)
What is the difference between an open decision making system and a closed decision making system?
A. Closed decision making system:If the manager operates in a known environment then it is a closed decision making system. The conditions of the closed decision making system are:(a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.(b) The manager has a model, a method or a rule whereby the decision alternatives can be generated, tested, and ranked.(c) The manager can choose one of them, based on some goal or objective.A few examples are:a product mix problem,an examination system to declare pass or fail, oran acceptance of the fixed deposits.B. Open decision making system:If the manager operates in an environment not known to him, then the decision making system is termed as an open decision making system. The conditions of this system are:(a) The manager does not know all the decision alternatives.(b) The outcome of the decision is also not known fully. The knowledge of the outcome may be a probabilistic one.(c) No method, rule or model is available to study and finalize one decision among the set of decision alternatives.(d) It is difficult to decide an objective or a goal and, therefore, the manager resorts to that decision, where his aspirations or desires are met best.Deciding on the possible product diversification lines, the pricing of a new product, and the plant location, are some decision making situations which fall in the category of the open decision making systems. by prerna
How would one compare certainty decision making and uncertainty decision making?
In certainty decision making, all information is known and outcomes are predictable, leading to more straightforward decisions. In uncertainty decision making, there is missing information or unpredictable outcomes, requiring more analysis, risk assessment, and consideration of potential scenarios before making a decision.
The division of governmental power among several institutions that must cooperate in decision-making is known as?
separation of powers
What is a sentence using the word ruminated?
Facing a tough decision, he decided to ruminate before making his thoughts known
