Paragraph on importance of decision in 150 word
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Answer:
Decision making can be described as a process of making a decision or decisions, based on choices made amongst two or more competing course of actions. The ‘Decision making’ also requires making a define choice between two or more alternatives course of actions that are available.
In every decision making, there is said to be a positive and negative outcome as future consequence(s).
The importance of decision making in individual daily life and in organization level was demonstrated by two scientists, Arkes and Hammond (1992), in ‘Judgment and Decision making’ indentified the four types of information which decision maker requires constructing a decision tree.
1. What are the available courses of action(s)?
2. What are the…show more content…
Psychologist Herbert Simon further established and categorized decisions into two categories; Programmed Decisions and Non-Programmed Decision. Programmed decisions are type of decisions which are routine and repetitive, of which are within the frame work of organization policies and rules. Such polices rules are established in advance to solve a re- occurring problems within the organization. Such programmed decisions are usually taken at lower management level and tends to have a short-run impact on organization. In contrast, the Non- Programmed decisions which are type of decisions which are non-routine and deployed to resolve non-routine problems, they are relevant in solving unique and unusual problems that arises, of which the alternatives cannot be decided in advance. Non-Programmed decisions are usually of high importance and significance with long-term consequences on organizations, such decisions are decided at the top management level.
Answer:
decision making is one of the most important thing in everyone's life. we all need to take decision one day in our life, as we are growing slowly we need to take decision for our future job. it all depends upon us how we take decision if it is made by seriousness then it might be a right decision as you learn about thing and think about them which leads to a single and best choice of yours, and if the decision is not serious then it is clear that the decision is not perfectly made. it is all which decides your future that's why decision making is very important.