Decision making

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assignment

topic. Decision making

Description

Decision making is critical to any organization as it determines whether a business succeeds or fails. Managers at all levels have the mandate of making decisions at their levels. Right, and quality decisions drives a project or business forward while wrong decision can be damaging and costly to a firm (Apostolov 2011, 305). Business decisions range from simple to complex decision depending on the effects they have on the organization. Decisions are crucial to all operations of any business from small local businesses to multinational corporations, professional firms, government departments, churches and non-profit organizations (Caboni and Guidici 2014, 82).