Question

The process of , or identifying problems and opportunities and then resolving them, involves effort both before and after choosing a course of action. You are a senior manager, and you are mentoring a new manager. You want to emphasize to the new manager that being effective in his job will depend on sound decision making. What reasons will you give?

a. Managerial decisions are made in isolation from one another, so every decision must be correct.
b. Decisions determine whether the organization allocates resources effectively.
c. Ultimately, whether the organization meets its goals depends on a series of many decisions.
d. Decision making determines how the organization solves problems.

Answer 1

The correct answer is d. Decision making determines how the organization solves problems.

Step-by-step explanation:

Decision making. It is the process through which one or more decisions are obtained as a result with the purpose of solving a situation. One or more actors can participate and you can choose between several alternatives.

The five most important characteristics in decision making are:

Future effects: It has to do with the extent to which the commitments related to the decision affect the future. A decision that has a long-term influence can be considered a high-level decision, while a decision with short-term effects can be taken at a much lower level.

• Reversibility: Refers to the speed with which a decision can be reversed and the difficulty of making this change. If reversing is difficult, it is recommended to make the decision at a high level but if reversing is easy it is required to make the decision at a low level.
• Impact: This feature refers to the extent to which other areas or activities are affected. If the impact is extensive it is indicated to make the decision at a high level, a single impact is associated with a decision taken at a low level.
• Quality: This factor refers to labor relations, ethical values, legal considerations, basic principles of conduct, company image, etc. If many of these factors are involved, it is required to make the decision at a high level, if only a few factors are relevant it is recommended to make the decision at a low level.
• Periodicity: This element answers the question of whether a decision is made frequently or exceptionally: An exceptional decision is a high level decision, while a decision that is made frequently is a low level decision.
• Structure: This determines whether the decision is scheduled, usually the programmed decisions are defined and require little analysis, are short-term, very reversible and their complexity is less, while unscheduled decisions are random, require further analysis and are of Long term, irreversible and more complex.