Description
A decision can be defined as a course of action purposely chosen from a set of alternatives to achieve personal, organizational, or managerial objectives or goals. Decision making process is continuous and an indispensable component of managing any organization or business activities.
The following objectives are included in this Presentation:-
- Explain What is meant by a Decision
- Explain What is meant by Decision Making
- Define Decision Making
- Describe the Importance of Decision Making
- Explain Steps of Personal Decision Making Process
- List Pros and Cons of Individual Decision Making
- Explain Organizational Decision Making Process
- Explain the Individual Decision Making Styles
- Explain the Group Decision Making Styles
- Explain Role of OODA Loop in Decision Making
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