Decision-Making in Management: Is it the Most Important Function?

Management Decision-Making
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Management Decision-Making
Agreeably, it is true that decision-making is an essential function of management. The process entails making choices, identifying reasonable options, seeking information, and assessing alternative solutions. A step-by-step decision approach help manager reach a deliberate and thoughtful conclusion. A well-informed team has organized details that help to deduce deliberate actions. Management in organizations is entirely compelled to bundle decision-making where stakeholders like planners, policymakers, and managers are in charge of ascertaining that, directions are according to the main objectives or goals (Tarka, 2018). Usually, there are stages adhered to for reaching decisive actions. They include seeking outcomes, weighing evidence, selecting alternatives, taking steps, and reviewing the consequences.
Decision-making is perhaps the most vital role in management because of the role in planning. During the formulation stake, managers plan and decide on various matters such as what goals organizations should pursue, what objectives to ...