Yes, as manager he or she is making a decision and is responsible for the outcome.
Kapag broken hearted
Yes, as manager he or she is making a decision and is responsible for the outcome.
Kapag broken hearted
Somebody who can run things efficiently with no apparent effort.
A time constraint
locationsupply management
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
Kapag broken hearted
Decision making is an essential part of being a manager in any industry. It would be impossible for a manger to not make a single decision while being a manager.
decision making is the primary task of the manager,comments?
Decision making is an essential part of being a manager in any industry. It would be impossible for a manger to not make a single decision while being a manager.
Somebody who can run things efficiently with no apparent effort.
A democratic manager consults its members of staff in the decision making of an organization.
Managers who executed a legally sound decision
How do the cost relationships and behaviors at Guillermo determine decision-making prerogatives for the manager?
Finance manager is a person who deals with the finance decision of an organization.his responsibilities are decision on providing finance,keep check on finance activities. while marketing manager is responsible for marketing the organizations product,services to attract customers. Finance manager is a person who deals with the finance decision of an organization.his responsibilities are decision on providing finance,keep check on finance activities. while marketing manager is responsible for marketing the organizations product,services to attract customers. Finance manager is a person who deals with the finance decision of an organization.his responsibilities are decision on providing finance,keep check on finance activities. while marketing manager is responsible for marketing the organizations product,services to attract customers.
what are the economic tool which help manager in decision making
being a rational decision maker
Centralized decision making is whereby a top manager retain most decision- making power to him/her self.