Decision Making Essay Example | Topics and Well Written Essays - 500 words

Decision Making - Essay Example From this research it is clear that effective decision-making necessitates that the person making the decision understands the situation driving the decision, recognizes and defines it, identifies alternatives, chooses the best option and then puts it into practice. Problem solving is a logical, goal-oriented process that outlines the action necessary to solve a situation where the actual and expected are differentiated. The situation has no routine solution, or there is a thing that is not satisfactory and recognizes that problem as a chance forcoming up with a solution or decision that ought to be effected by a person or persons and which lastly, and importantly ought to be worthy resolving. The person solving the problem has more or less well defined objective and solution although it is not instantaneously clear how to achieve it.This paper declares that  the decision maker and problem solver ought to comprehend their achievements and desired accomplishments. The next step invo lves collecting and gathering the relevant information and data regarding the situation. It is apparent that some of the information will be out rightly available whereas some other critical data will need to be actively sought for.  For effectiveness, it is a good principle not to make decisions without critically important information regarding the situation.  Decision-making and problem solving processes are an exceptionally critical part in business.