Decision making helps in the smooth function of the___________.

Decision making helps in the smooth function of the___________. Correct Answer business

Decision making helps in the smooth function of the business. Decision making is related to planning, organizing, directing and controlling functions of a manager. Decision making is important to achieve the organizational goals/objectives within given time and budget. Decision-making is a pervasive function of managers aimed at achieving organizational goals.
Bissoy MCQ

Related Questions

Which of the following is/are true about employee empowerment?
1. It involves increasing decision-making discretion of workers.
2. It helps in decision-making by employees who are often at lower levels.
3. It helps senior managers to cope with increased work demands.
Select the correct answer
Below are given some points.
1. It is automatic and uniform given identical situations.
2. It can be assigned to clerical or routine managerial levels.
3. The more of an organisation's decision-making areas are programmed, the more it leaves the senior management free to concentrate on larger decision areas.
4. It helps the communication process as everybody seems to know the outcome of a certain set of conditions or situation.
5. It minimises eroticism or the subjective element in management decision.
These all are the qualities of
Which of the following statements are correct?
1. Manpower planning helps the organisation to realise the importance of manpower management which ultimately helps in the stability of a concern.
2. Manpower planning helps in reducing the overall cost of production by making optimum use of physical resources in an organisation.
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : Please consult us before making any decision on investment.

Assumptions :
I. You may take a wrong decision if you don't consult us.
II. It is important to take a right decision.
Decision-making is a process involving following in sequence.
1. Evaluate the alternatives
2. Identify the alternatives
3. Identify the problem
4. Make a decision
5. Evaluate the decision
A consumer passes through five stages in buying decision process. Arrange the sequence of decision-making steps in correct order.
1. Information search
2. Problem recognition
3. Purchase decision
4. Post purchase behaviour
5. Evaluation of alternatives
In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.
Targeting inflation comes from a belief that policy should be _________ and transparent, so that the private sector can factor this ___________ their decision-making. The question that this ________ is: are there more "complicated" policies which _________ better? I just note that one such policy is called "nominal income targeting". _____________ it is more complicated and the private sector is deemed to be intellectually challenged. private sector can factor this ___________ their decision-making.
A few intents of various provisions code of conduct under PRSA are given below.
1. To promote respect and fair competition among public relations professionals.
2. To aid informed decision making.
3. To build trust with the public by revealing all information for responsible decision making.
4. To serve the public interest by providing the widest choice of practitioner options.
Which of these intents is/are exhibited by PRSA code provisions of conduct i.e. Competition?
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Select the correct answer:
Assertion (A) Decision-making is a process of selection and the aim is to select the best alternative.
Reason (R) Decision-making involves rationality.
The principle of dimensional homogeneity serves the following useful concepts (i) It helps to check whether an equation of any physical phenomenon is dimensionally homogenous or not (ii) It helps to determine the dimensions of a physical quantity (iii) It helps to convert the units from one system to another Identify the correct statements