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Making Decisions

Decision–making implies making a choice between alternatives. The pros and cons are rationally thought over before reaching the final conclusion. The well-weighed choice is guided to achieve the organizational objectives.

Decision Making Steps

 

 

Making the right choice is making the right decision. It is important to follow up the decision to ensure its proper implementation. Decision-making is important as it implies commitment of resources, the outcome of which is uncertain.

The Management Information System (MIS) helps the manager to make better decision as it collects, processes and presents information to the management.

In MIS To be a better manager, the information system should be effective. It should be TIMELY, ACCURATE and RELEVANT.

Top management decisions/non-programmable decisions cannot be taken in a regular, routine manner but only after a great deal of deliberation.

             

 

 

 

 

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