Decision Situation Homework Help
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What is Decision Making?
A decision is a conclusion that is taken by an individual or group towards the improvement of any situation or body. In this case the decisions are taken by the group of management personnel towards the poised growth of a firm or company. A decision situation is a defined dilemma where one has to choose between one and more alternatives to solve any problem and provide optimized output. In this article for Decision Situation homework Help we talk about the types and elements of decision.
Types of Decision
On the basis of activities our Decision Situation homework Help article divides the decisions into the following two types
1. Programmed decisions: they are repetitive in nature and also routine by time. An organization follows certain protocols to handle them specifically. A programmed decision can be looked in the arrangement of shelves in a super market. An established management guideline is available to specially arrange the decisions.
2. Non-programmed decisions: usually less structured and also known as one shot decisions, these decisions are something that is seldom used in firm and management.
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5 Elements of Decision Situation in Decision Situation Homework Help Article
i. The decision makers
ii. Goals to be served
iii. Relevant alternatives
iv. Ordering of alternatives
v. Choice of alternatives
The following steps by our Decision Situation homework Help writers are to be followed including these elements
a. Identification of problem
b. List the maximum possible alternatives of solutions
c. Selection of most beneficial solution out of them
d. Implementation through planning
e. Feedback and other improvements if needed
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