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    Decision Making is a conscious human process involving both individual and social phenomenon based upon accurate and value premises. In Decision Making three behavior are involvedknowledge aspects of human associated with 33 (ii)conation : the action of mind implied by such words as willing, desire and dislike (iii)affection : the aspect of mind associated with emotion, feeling, mood and nature.

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    Decision Making is a conscious human process involving both individual and social phenomenon based upon accurate and value premises. In Decision Making three behavior are involvedknowledge aspects of human associated with 33 (ii)conation : the action of mind implied by such words as willing, desire and dislike (iii)affection : the aspect of mind associated with emotion, feeling, mood and nature.

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    411 views16 pages

    Decision Making

    Uploaded by

    bhagyashreekulkarni
    Decision Making is a conscious human process involving both individual and social phenomenon based upon accurate and value premises. In Decision Making three behavior are involvedknowledge aspects of human associated with 33 (ii)conation : the action of mind implied by such words as willing, desire and dislike (iii)affection : the aspect of mind associated with emotion, feeling, mood and nature.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    of 16

    Management Science

    Click to edit Master subtitle style

    Decision Making

    09/10/2011 09/10/2011

    11

    Contents:
    1] What is Decision Making? 2] Types of Decision Making. 3] Decision Making Processes 4] Individual Vs Group Decision Making 5] Information technology & Decision Making

    09/10/2011

    22

    Decision Making: Decision Making is a conscious human process

    involving both individual and social phenomenon based upon accurate and value premises which concludes with a choice of one behavioral activity from among one or more alternatives with the intention of moving toward some desired state of affairs.
    In

    decision making three behavior are involvedknowledge

    aspects

    of

    human

    (i)cognition : activities of mind


    09/10/2011

    associated with
    33

    (ii)conation : the action of mind implied by such words

    as willing, desire & dislike

    (iii)affection : the aspect of mind associated with

    emotion, feeling, mood & nature.

    09/10/2011

    44

    Types of Decision Making: Programmed And non-programmed Decision Strategic And Tactical Decision

    09/10/2011

    55

    Programmed decision are routine and repetitive

    Programmed Decision:
    and are made within the organisational policies and rules. framework

    of

    Non-Programmed Decision:
    Non programmed decision are relevant for solving unique/unusual problems in which various alternatives cannot be decided in advance.

    09/10/2011

    66

    Strategic Decision:
    Strategic decision is a major choice of actions

    concerning allocation of resources and contribution to the achievement.

    Tactical Decision:
    It is relates to day to day working of the organisation and is made in the context.s

    09/10/2011

    77

    Decision Making Processes


    Specific objective
    Feedback

    Identification of problem

    Search for alternati ves

    Evaluation of alternatives

    Results

    Action

    Choice of alternatives

    Fig : Decision making process


    09/10/2011 88

    Specific objectives:
    objective.

    Decision is arries for the achieving specific It is not first step of decision process but it is

    basic framework of decision process.


    It is one of the way of through which we

    outcome arries from decision.

    09/10/2011

    99

    Problem Identification:
    It is a real beginning of decision process. A question is throw for forward solution. There are 2 types of problem identification: 1. Diagnosis 2. Analysis

    09/10/2011

    1010

    Search for Alternatives:


    A problem can be solved by many ways. For the best solution decision maker can use

    several objectives.

    Means it can use the another alternatives. A limiting factor is one which stands in the way

    of accomplishing a desired objectives.

    09/10/2011

    1111

    Evaluation of Alternatives: After the various alternatives choose the right


    alternatives.
    Means evaluate them and select the one that

    will meet the choice criteria.

    09/10/2011

    1212

    Choice of Alternatives:
    Decision maker go through 3 appproch: 1. Experience 2. Experimentation 3. Research and analysis

    Choice aspects of decision making is relate to

    deciding the most acceptable alternatives which fits with the organisational objectives.

    09/10/2011

    1313

    Action And Result:


    When

    alternative is implemented in action.

    choose

    than

    it

    is

    And when action is done it gives result.

    09/10/2011

    1414

    Individual Vs Group Decision Making:Organisational decision are combination


    individual and group decision.
    It is depend upon the following factor: 1. Nature of Problem 2. Time Availability 3. Quality of Decision 4. Climate of decision making 5. Legal Requirment
    09/10/2011

    of

    1515

    Thank You!!

    09/10/2011

    1616

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