Question

Importance of decision making in an organization

Answer 1

Decision making s related to planning, organizing, directing and controlling functions of a manager.Decision making is important to achieve theorganizational goals/objectives within given time and budget. Decision-making is a pervasive function of managers aimed at achieving organizational goals.

Answer 2

Decision making is an on-going process in every business; large or small.Having critical thinking skills allows one to ascertain the problem and come up with a solution that is beneficial to the company and its employees.Managers have to make decisions every day, and the process used in making a decision is important to their bottom line.