Decision-Making Overview
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Questions and Answers

What is the primary purpose of decision-making in an organization?

  • To allocate resources and set the direction of an organization (correct)
  • To analyze the organization's weaknesses
  • To overcome challenges and be competitive
  • To increase efficiency

    • What is characterized as a process in decision-making?

  • A personal trait
  • A static entity
  • A one-time event
  • A pervasive function (correct)

    • What is the primary characteristic of personal decisions?

  • They are made by managers in their official capacity.
  • They have a limited impact on the organization. (correct)
  • They directly affect the organization.
  • They can be delegated to others.

    • What is involved in the decision-making process?

    <p>Both intuitive and deductive logic</p> Signup and view all the answers

    What is the main advantage of group decisions compared to individual decisions?

    <p>They generate a greater number of alternatives.</p> Signup and view all the answers

    What type of decision is characterized by being routine and repetitive?

    <p>Programmed decision</p> Signup and view all the answers

    Who is responsible for strategic decision-making?

    <p>Top management</p> Signup and view all the answers

    What type of decision deals with unique or unusual problems?

    <p>Non-programmed decision</p> Signup and view all the answers

    Study Notes

    Decision-Making

    • A decision is a choice made from available alternatives to achieve a specific goal.
    • Decision-making is the process of identifying problems and opportunities and resolving them.
    • It is a goal-oriented process that involves choosing between multiple alternatives to achieve a specific goal.

    Types of Decisions

    • Personal Decisions: Affect the organization indirectly, cannot be delegated, and have a limited impact.
    • Organizational Decisions: Made by managers in their official capacity, aim to further the interests of the organization, and can be delegated.
    • Individual Decisions: Taken by a single individual, mostly routine decisions.
    • Group Decisions: Taken by a group of individuals, have far-reaching consequences, and require discussion, deliberation, and debate.

    Programmed and Non-Programmed Decisions

    • Programmed Decisions: Routine and repetitive, with established rules and policies to solve recurring problems quickly.
    • Non-Programmed Decisions: Deal with unique/unusual problems, poorly defined, and require a novel approach.

    Strategic, Administrative, and Routine Decisions

    • Strategic Decisions: Top management responsibility, key, important, and vital decisions affecting many parts of an organization, requiring sizable resource allocation, and future-oriented with long-term ramifications.
    • Administrative Decisions: Deal with operational issues, implementing strategic decisions smoothly at various levels in an organization.
    • Routine Decisions: Repetitive and operational decisions made daily in an organization.

    Importance of Decision-Making

    • Helps in direction and goal-setting
    • Enhances problem-solving prowess
    • Empowers growth and learning
    • Increases efficiency and facilitates innovation

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    Description

    Learn about the definition and process of decision-making, including identifying problems, choosing between alternatives, and achieving specific goals in a managerial context.

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