Tag Archives | Essay on Decision Making

Since the importance of the right decision cannot be overemphasized enough, it is imperative that all factors affecting the decision be properly looked at and fully investigated because the quality of the decision can make the difference between success and failure. (more…)

Essay on Managerial Decision Making (838 Words)! Decision making and problem solving is a core function of management because it is an integral part of all other managerial functions such as planning, organizing, directing and controlling. It is also on integral part of life because life cannot be managed without making decisions. (more…)

The Nominal Group Technique (NGT) is the most recently developed procedure. By combining some of the characteristics of the other techniques, NGT is characterized as a moderately structured decision process with the interpersonal characteristics of face-to-face groups. (more…)