Decision making is a key responsibility of managers at all levels from "summary" of Fundamentals of Management (For B.Com, BBA, BBM and BMS) by J.P. Pathak
Managers at all levels in an organization have a crucial role to play when it comes to making decisions. This responsibility is not limited to top-level executives but extends to supervisors and team leaders as well. As managers, they are expected to analyze situations, evaluate alternatives, and choose the best course of action to achieve organizational goals.
Effective decision making is a skill that is highly valued in the business world. It involves gathering relevant information, considering various options, and assessing the potential risks and benefits of each alternative. Managers must also take into account the impact of their decisions on different stakeholders, including employees, customers, and shareholders.
The decisions made by managers can have far-reaching consequences for the organization. They can influence the company's performance, profitability, and competitiveness in the ...
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