Case Study: Decision Making for Managers
Decision making is the process which embraces the terms and methods of mathematics, statistics, economics, management and psychology which the purpose of selection of the most reasonable steps and actions for the solutions of the definite problems. Decision making is the most important process in any serious activity, especially in business. Every management who has the duty to control the work of the employees of the lower level has to devote many efforts to inform, teach and evaluate the employee’s work objectively. The manager’s task is to maintain the working process in the right order. Furthermore, he is expected to facilitate the employees’ work, help them with the solution of the definite problems and improve the employee’s qualification in the intensive way. It is natural that every novice employee does not possess working experience and the manager’s duty is to teach him the basics of his work and the rules of cooperation and coexistence in the staff. Continue reading