Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Jammu University
MANAGEMENT PERSPECTIVES
-http://www.hec.gov.pk/InsideHEC/Divisions/LearningInnovation/Documents/Le
arning%20Portal/MUG/Managerial%20Decision%20making.pdf
-
http://economia.unipr.it/DOCENTI/CILLONI/docs/files/Lesson%2004%20Reading
%20facoltativa.pdf
-
http://www.olin.wustl.edu/docs/faculty/thakor_full_paper_managerial_decisions.p
df
- http://wac.colostate.edu/books/thinkingwriting/chapter3.pdf
- https://flora.insead.edu/fichiersti_wp/inseadwp1996/96-86.pdf
Journals
- IAENG International Journal of Computer Science, 32:4, IJCS_32_4_12;
Managerial Decision Making Under Risk and Uncertainty; Ari Riabacke
-Review of General Management ; MANAGERIAL DECISIONS IN BUSINESS ;
Objective :
What is a Decision ?
Decision & Decision Making.
Definition of Decision Making.
Managerial Decision Making.
Nature of Decision Making.
Main Features of Decision Making.
The Process of Decision Making.
Types Of Decisions.
Decisions under Certainty, Risk & Uncertainty.
WHAT IS A DECISION ?
For this step, to list down all the ideas is the best
option.
Before the idea generation step, it is vital to understand
the causes of the problem and prioritization of
causes.
For this, we can make use of
-Cause-and-Effect diagrams &
-Pareto Chart tool.
Then, you can move on generating all possible solutions
(alternatives) for the problem in hand.
Step 5: Evaluation of Alternatives
Programmed decisions
Involves routine problems that arise regularly and can be
addressed through standard responses.
Dependence on policies , rules & definite procedures.
Non-Programmed decisions
Involves non-routine problems that require solutions
specifically tailored to the situation at hand.
Necessity for creativity, intuition, creative problem solving.
Routine & Strategic Decisions
Routine Decisions
-These decisions dont require fresh information or
knowledge.
-Taken at middle or lower level of management, who are
Strategic Decisions
These decisions are more important decisions.
Taken at middle & top level of management, as these are
Organizational Decisions
-When a person takes a decision in the organization as an
executive, it will be an organizational decision.
-The power to take organizational decision can be delegated
from the superior to the subordinate.
Personal Decisions
- Personal decisions are taken by managers in their
individual capacity and not as members of the organization.
- Personal decisions are not delegated.
Individual & Group Decisions
Individual Decisions
-In small concerns only the owner takes all-important
decisions.
-Even in big organizations a person of top management may
be allowed to take a decision about a particular matter.
Group Decisions
- Group decisions are taken by group of persons.
- These decisions are taken after thorough deliberation among
people who are assigned this job.
Decisions under Certainty, Risk and
Uncertainty
-http://www.hec.gov.pk/InsideHEC/Divisions/LearningInnovation/Documents/Le
arning%20Portal/MUG/Managerial%20Decision%20making.pdf
-
http://economia.unipr.it/DOCENTI/CILLONI/docs/files/Lesson%2004%20Reading
%20facoltativa.pdf
-
http://www.olin.wustl.edu/docs/faculty/thakor_full_paper_managerial_decisions.p
df
- http://wac.colostate.edu/books/thinkingwriting/chapter3.pdf
- https://flora.insead.edu/fichiersti_wp/inseadwp1996/96-86.pdf
Journals
- IAENG International Journal of Computer Science, 32:4, IJCS_32_4_12;
Managerial Decision Making Under Risk and Uncertainty; Ari Riabacke
-Review of General Management ; MANAGERIAL DECISIONS IN BUSINESS ;
Queries Please !
Thank You !