![]() Making good decisions is a method that must be learned. These types of decisions are difficult because they are life changing decisions they shape who we are, and they shape our future. Examples of difficult decisions consist of things like where to attend college, what career path would be best, and/or whether or not to marry and start a family. Other easy decisions consist of things like what to eat, what movie to see, and what television programs to watch.ĭecisions that seem to be the most difficult are those that require a deeper level of thought. Easy decisions consist of things like what clothing you should wear most people choose what to wear based on the season of the year, the weather of the day, and where they might be going. Some of these choices are easy, and at times, some of them can be difficult. These choices are made in order to put top management’s objectives and policies into effect.Each day we are faced with situations in life that require us to make choices. Lower-level management makes operational decisions, which are related to the organization’s daily operations. Top managers typically have to take future performance into account when making such choices. These choices include the introduction of new rules, regulations, and programs as well as the modification of current rules and the introduction of new products. Top-level management makes policy decisions, which have a long-term effect on organizational performance. Usually, the practice of individual decision-making is found in small organizations and organizations that follow an autocratic management style. While making such decisions managers are responsible for thinking about the firm’s objectives and performance. ![]() When a manager alone makes a decision in his official capacity such decision is known as an individual decision. And, group decisions are usually also found in an organization that follows the participative management style. This decision technique is adopted to solve unique problems. In big organizations, group decision-making is a common thing. In group decisions, a group of people is formed to discuss some subject matter and they come to a solution after the discussion is finished through mutual understanding. Group Decisionīy the involvement of persons in decision-making, the types of decisions can also be group decisions and individual decisions. And, these decisions can not be delegated to others. It is informal in nature and has no impact on the firm’s regular performance. Personal DecisionĪ personal decision is when managers make decisions in their personal capacity that do not affect the regular activity of the organization. These decisions are delegated in nature and can be transferred to subordinate employees when managers become absent or according to time and situations. The organizational decision is formal in nature as such it is also called a formal decision. ![]() When you make decisions as manager on behalf of the organization that affects the organization’s performance such a decision is known as an organizational decision. Long-term goals, objectives, and strategic plans are strategic decisions. Making such strategic decisions are usually in the hand of top managers which requires intuition, creativity, and an in-depth review of the future impact of alternatives. Such choices are crucial for the organization’s long-term survival and growth. Basic decisions are another name for strategic decisions. Strategic decisions are those that are made at the highest levels of management with the long term in mind.
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