Manag., December-2019 – Q34
0. Which one of the following is closest to the nature of decision making?
- Option : D
- Explanation : Managers need to make decisions that will have a significant impact on the organization. Decision making is the most important activity of every manager. Hence, managers
are often called as decision-makers. Managers make different types of decisions ranging from strategic decisions to operational decisions. Good and timely decision making is the
quality that distinguishes the successful managers from unsuccessful managers.
Decision making is defined as the selection of the future course of action from among various alternatives. A decision is a choice made from available alternatives. Decision making is the process of identifying problems and opportunities and then resolving them by choosing the right solutions for that particular situation.
