Management

Card Set Information

Author:
wargodess210
ID:
163148
Filename:
Management
Updated:
2012-07-19 18:20:25
Tags:
Chapter Six
Folders:

Description:
Managerial Decision Making
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  1. Decision
    A choice made from available alternatives
  2. Decision making
    The procecss of identifying problems and opportunities and then resolving them
  3. Programmed Decision
    A decision made in responce to a situation that has occured often enough to enable decision rules to be developed and applied in the future
  4. Nonprogrammed decision
    A decision made in responce to a situation that is unique, is poorly defined and largely unstructured, and has important consequences for the organization

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