Decision Making Process

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 6

DECISION MAKING PROCESS

By syndicate:- 10

1
WHY WE NEED A DECISION ?

 Because we are Confused between selection of two or


more alternatives.

2
TYPES OF DECISIONS

 Structured decision (programmed)

 Unstructured decision (non-programmed)

3
PHASES OF DECISION MAKING PROCESS

Intelligence Phase
Organizational objective
Data collection
Problem identification
Problem classification

Design Phase
Formulate a model

Set criteria for choice

Search for alternatives 4

Predict and measure outcomes


PHASES OF DECISION MAKING PROCESS

 Choice Phase
 Solution to the model
 Sensitivity analysis
 Selection of the best alternative

o Implementation Phase
o Implement the plan

o Monitoring

5
6

You might also like