Question

Discuss the process of decision making. Explain various types of decision making

Answer 1

Additional types of decision making that could be considered based on outcomes include financial, legal, strategic and tactical decision making. ... Summarizing our major decision making types: Business decision making includes decisions that are made that determine business or organization outcomes.

Answer 2

In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities. Every decision-making process produces a final choice, which may or may not prompt action

The following are the main types of decisions every organization need to take:
Programmed and non-programmed decisions
Routine and strategic decisions
Tactical (Policy) and operational decisions
Organisational and personal decisions
Major and minor decisions
Individual and group decisions


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