Explain steps involved in decision making, Other Management

Assignment Help:

Question 1:

(a) Decision making is the essence of management, and every decision starts with a problem.

(i) What is a decision?
(ii) What is a problem?

(b) Decision making is not as simple as just choosing among alternatives. It involves eight steps in the process.

(i) Make a list of the eight steps involved in decision making.

(ii) Describe how you would go through each step in the process. Use an example to illustrate your answer.

Question 2:

(a) Define planning.

(b) Explain the following terms:

(i). Strategic plans,
(ii). Operational plans,
(iii). Long term plans,
(iv). Short-term plans, and
(v). Specific plans.

(i) What are those reasons?
(ii) Elaborate on each of the reasons.

Related Discussions:- Explain steps involved in decision making

Preperation of a library programme - library building, Preperation of a Lib...

Preperation of a Library Programme of library building in library management A written building programme (or proposal) is must for any library. It is a basic statement about

Constraints to successful merger integration, Constraints to Successful Mer...

Constraints to Successful Merger Integration Successful merger integration involves a number of constraints. Some of the key constraints include maintaining vital managers

Explain what you understand by corporate identity, Question 1: (a) Expl...

Question 1: (a) Explain what you understand by corporate identity. (b) What are the elements that constitute a Corporate Identity? (c) What is included in A Corporate Ide

Records and registers - library management, RECORDS AND REGISTERS - library...

RECORDS AND REGISTERS - library management: The Acquisition Department has to use appropriate records, registers, files, forms and other stationery at the various stages of i

Card filing work and catalogue updating work, Card Filing Work: After ...

Card Filing Work: After the Accession List is made the catalogue cards relating to the released documents are ready for merging with the catalogue. In the case of the Classif

History of project management, H i story of project management While ...

H i story of project management While quality management was developing, around the same time a number of events led to the need for better project management. In the 1950?s

Identify limitations of the bcg matrix, QUESTION (i) Explain the term P...

QUESTION (i) Explain the term Position Audit and discuss how it helps an organisation perform better planning (ii) The marketing manager of Juicy Drinks Ltd has invited you

Management accounting, #question.classifications of cost for planning.

#question.classifications of cost for planning.

Binding organisation and management, BINDING ORGANISATION AND MANAGEMENT: ...

BINDING ORGANISATION AND MANAGEMENT: If we consider the practice in various libraries, we can conclude that there is haphazard organisation of binding in most of the librarie

Classification scheme - technical processing, Classification Scheme: A...

Classification Scheme: A scheme of classification is but a tool in the hands of the library to organise subjects and to serve them out in an efficient way. Therefore, it is ne

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages