Decision making process is an important part of new era management. This is the main function of management where the manager responsibility to make a best decision. Efficient decision making involve a series of steps that require the input of information at different stages of the process, as well as a process feedback. According to the rational model, the decision making process can be illustrate into six steps.
The first component of decision making process is recognizing the requirement of decision. The requirement can be as a problem or opportunity. A problem can be occurs when the organization performance are below their target and unsatisfied.… Read the rest