Decision making is part of life in everybody's day to day life. For managers, decision making is one of the primary tasks.
Management comprises of the following tasks :
POSDCORB - Planning, Organizing, Staffing, Directing, Co-ordinating, Reporting and Budgeting.
Management is a dynamic process. In very process, the decision of a manager has the impact on the result.
Managemnet is a social organ, the decision by the manager affects the society as a whole.
A manager needs to take decision on so many circumstances like under certainity and uncertainity. Every decision he makes has the consequences on the development of the company.
Management comprises of the following tasks :
POSDCORB - Planning, Organizing, Staffing, Directing, Co-ordinating, Reporting and Budgeting.
Management is a dynamic process. In very process, the decision of a manager has the impact on the result.
Managemnet is a social organ, the decision by the manager affects the society as a whole.
A manager needs to take decision on so many circumstances like under certainity and uncertainity. Every decision he makes has the consequences on the development of the company.