Decision making By IshaquFenfuri

DECISION MAKING

A Presentation By Ishaqu FF

Name :- Ishaqu FF

College :- Marian College Kuttikanam

Batch :- BBA- Bachelor Of Business

Administration 2013-16

Year :- 2nd year

Ambition :- To Become A Entrepreneur

Trainer

Marian College Kuttikkanam is an educational institution in Kerala, India. It offers graduate level and post graduate level courses for students.

The Catholic Diocese of Kanjirapally established Marian College Kuttikkanam in 1995 to provide the student community with education in information technology, commerce, social work and management. The main focus is given to the holistic development of students, and not only to academic excellence.

Marian College Kuttikkanam is accredited with 'A' Grade by NAAC. The College is also declared as the College with Potential for Excellence (CPE) by UGC.

Marian college is affiliated to MG University Kottayam.

COURSES

UG

B Com

BA Communicative

English (SF)

BCA

BBA

BSW (SF)

B Com (SF)

BA ECONOMICS

PG

M Com (SF)

MCA (SF)

MMH (Aided)

MSW (SF)

M Com (Aided)

DECISION MAKING

1. What isDecision Making ? 2. Types Of

Decision Making

3. Steps In Decision Making 4. Difficulties In

Decision Making

1. WHAT IS DECISION MAKING ?

Decision Making is defined as the selection of a course of action from among alternatives.

Managers sometimes see Decision Making as their central job because they must constantly choose Whatis to be done, Who is to do it, and When, Where, and occasionally even how it will be done.

Examples:

Shopping, deciding what to eat, What to wear, when to

sleep, etc..

Which Mobile Phone should I buy?

What are the things you

consider before making a decision?

What should I wear for class (or work) today?

What are the things you

consider before making a decision?

2. TYPES OF DECISION MAKING.

Programmed And Non-Programmed Decisions.

Major And Minor Decisions.

Routine And Strategic Decisions.

Individual And Group Decisions.

A good Decision Maker has to follow certain steps in Decision Making.

Identify the problem and defined it. Develop Objectives. Seek the fact and identify the problem. Develop a model. Evaluate the alternatives. Select the best alternative. Implement the Decision OR plan a course of

action. Evaluate the result.

3. STEPS IN DECISION MAKING.

Incomplete information.

Un-supporting environment.

Non-acceptance from subordinates.

In-effective communication.

Incorrect timing.

4. DIFFICULTIES IN DECISION MAKING

PROCESS.

SUMMARY

1. What is Decision

Making?

Decision Making is defined as the selection of course of

action from among alternative.

2. Types ofDecision Making

Programmed and Non-programmed, Major and Minor,

Routine and Strategic , Individual and Group Decisions .

3. Steps in DecisionMaking

1. Identify the problem and define it.

2. Develop objectives.

3. Seek the facts and identify the problem.

4. Develop a model.

5. Evaluate the alternatives.

6. Select the best alternatives.

7. Implement the Decision OR a course of action.

8. Evaluate the results.

4. Difficulties in Decision Making process

Incomplete information.

Un-supporting environment.

Non-acceptance from subordinates.

In-effective communication.

Incorrect timing.

ANY QUESTIONS ?