Decision Making Process

 

Decision Making Process and Nature :

Decision making process:

 To decide means to come to a conclusion or resolution. Decision is a choice whereby a person comes to a conclusion about a situation. It represents a course of behavior or action about what must or must not be done.

            Decision making is mental process. It is process of selection of one best alternative for doing a work. Thus, it is particular course of action chosen by decision maker ( Manager) as the most effective alternative for achieving his goals. Decision making is a process and decision is the product of a process.

Definitions:

1)      Decision Making is a selection based on some criteria, of one behavior alternative from two or more possible alternatives. – R.S.Davar.

2)      Decision Making is a selection of alternative, from two or more alternative, to determine an opinion or of action. – George Terry.

3)      A decision, in it’s simplest form, is a selection of alternatives. – R.A.Killian.

 

Nature of Decision making process:

1)      It includes elimination of alternatives and selection of one best course of action or opinion.

2)      It involves two or more alternatives, because if there is only one alternative, no decision is to be made in such a situation.

3)      It is never an isolated managerial activity. It is always related to a problem, difficulty or conflict. It is activity of managerial.

4)      It is mental process, as the selection of one best alternative is done thinking carefully over various available alternatives.

5)      This process is associated with the concept of commitment to action and result.

6)      It may be of negative nature also. It means that there may be a decision not to decide on the concerned matter.

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