what are the two specific necessary decision making skills
Decision making is one of the many tasks of a manager. They are usually the final decision maker in most situations. They are responsible for making sure everyone under them is doing their job and is trained as well.
Manger is the most important person of the organization he has to take all kinds of resources utilization decision. for example: Human resource, that must be placed in the proper place. in the operation of factory he must decide from the raw material to sales process. In the general sense we can say that decision making is the one of the most vital function of the management that approach the best alternative among the available alternative. Decision making is the most challenging job for the manager, there are so many steps to take the decision if he follow the some major steps that will be the rational decision from his/her organization. They are: 1. Collect needed information from the internal sources of organization. 2.Collect needed information from task and external sources of organization. 3. Environment scanning 4. Analise the opportunities 5. Getting some related information from expert. 6. Draft circular to subordinates 7. Collect the feed back from all 8. Decision making.
The answer depends on how is participative management defined, I assume you mean the style where decision-making is more inclusive and leaders/managers incorporate employees' thoughts, ideas and contributions into overall decision. Here are some disadvantages to keep in mind: 1. Decision-making process can be very slow. This of course depends on what form of participative management is being practiced; if everything requires consensus or majority, speed of decision can be huge problem, and sometimes decisions will not be made at all. 2. It is easy for leaders to abdicate their responsibility in this model because participative management can easily degenerate into decision-by-committe. 3. Decisions can be sub-optimal in many cases if the focus is on remaining participative (and inclusive) and not on making right decision. Here is a good link on this: Participative
Business process re-engineering is the process of making business processes efficient. Many managers do this when they are trying to improve business performance.
Seven Steps
Seven
true
There are many aspects of the decision making process that fit the description of a rational choice. One aspect is the ability to see the usefulness of it.
The typical time it takes to make a final decision in our process is around 7 to 10 days.
The Decision Support Model has how many steps?
The critical decision-making method typically involves four steps: identifying the problem, generating potential solutions, evaluating the solutions, and implementing the best solution. Each step plays a crucial role in making well-informed and effective decisions.
Critical thinking is used in many situations. Using critical thinking can provide organized, unclouded, non-bias, and logical, thoughts. This provides tons of insight when one is making a decision or trying to problem solve.
Critical evaluation involves examining information and assessing its validity, relevance, and implications. It allows individuals to make informed choices by questioning assumptions, recognizing biases, and weighing various perspectives. In the context of societal decision-making, critical evaluation can help identify potential consequences, uncover underlying issues, and promote transparency.
There are many factors in the economic decision making process. One is which goods consumers like better than others. Others include price and quality. All of these factors create and individuals demand curve.
Critical evaluation involves carefully analyzing information and evidence to make informed decisions. It helps individuals and societies avoid biases, misinformation, and errors in judgment, leading to better choices and outcomes. By encouraging a more rational and objective approach to decision-making, critical evaluation enhances problem-solving skills and promotes sound reasoning.
The term "decision-making" is hyphenated when used as an adjective before a noun, as in "decision-making process." However, when the term follows the noun it describes, the hyphen is typically omitted, as in "the process of decision making." The hyphen helps clarify the relationship between the words and ensures proper understanding of the compound adjective.