Archive | Decision Making

Types of Decisions: Programmed and Non-Programmed

After reading this article you will learn about the programmed and non-programmed decisions. Programmed Decisions: Decisions related to structured situations, where the problem is more or less routine and repetitive in nature are known as programmed decisions. For example, problems related to leave are solved by policy relating to leave rules. Employees who take leave according to leave rules Eire [...]

By |2016-08-09T07:56:14+05:30August 9, 2016|Decision Making|Comments Off on Types of Decisions: Programmed and Non-Programmed

Group Decision-Making: Merits and Limitations

After reading this article you will learn about the merits and limitations of group decision-making. Merits of Group Decision-Making: Group decision-making has the following merits: (a) Pooling of information: Group members collect extensive information and decisions are, therefore, more scientific and accurate. Members pool their knowledge and arrive at decision alternatives which a single individual could not have thought of. [...]

By |2016-08-09T07:56:14+05:30August 9, 2016|Decision Making|Comments Off on Group Decision-Making: Merits and Limitations

Top 4 Techniques Adopted by Group Members to Take Decisions

This article throws light upon the top four techniques adopted by group members to take decisions. The techniques are: 1. Meetings 2. Brainstorming 3. Nominal Group Technique 4. Delphi Technique. Technique # 1. Meetings: Meeting is gathering of people to discuss a common issue. Members gather to discuss issues mentioned in the agenda and make various decisions. The chairperson controls [...]

By |2016-08-09T07:56:14+05:30August 9, 2016|Decision Making|Comments Off on Top 4 Techniques Adopted by Group Members to Take Decisions
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