DECISON MAKING Essay Example | Topics and Well Written Essays - 1000 words

DECISON MAKING - Essay ExampleThe r bring outine conclusiveness making mountain be sub divided into different forms based on several variables that tell them however, the two broad categories of stopping point making are programmed closings and non-programmed conclusivenesss (O Brien, 1999).A programmed decision is, simply put, a decision that has a fine social organization and occurs so mavinr frequently, with less exceptions. Such decisions are relatively easier to make as they follow a pretty standardized execution a simple example of the same can be answering a customer interrogate or solving a customer query such as password retrieval. A non-programmed decision is exact complement of the former non-programmed decisions are much about exceptional handling rather than routine work out, for such decisions, there is less structure of any formal procedures that would resolve the issue. Accordingly, the oftenness of occurrence is lesser. Purchase of fixed asset, based on fr equency of occurrence can be a non-programmed procedure but since the process of purchase is well defined, it does not qualify for the same. The purchase of a house or a television would be a rather non-programmed decision.In this section, the steps for rational decision making are applied to the given case. ... The case is the admit for replacement of the photocopy shape, and the decision making process is to be applied for the purchase of this new equipment (Noorul Haq, 2007). For the decision making process to be successful, it should go by a procedure so that the defined procedure can undertake the different variables needed for an appropriate decision making. Following are the simple steps that are a part of the rational decision making process with brief elaboration (Davidson, 2006), on base the three steps, their application for the given case is also briefedSTEP I Recognizing and defining the decision post It is essential for managers to recognize and define the need fo r the decision to be taken. There are certain vestigial variables that define the need for the decision these variables are indicators for the need of a decision. The decision situation has arisen the photocopy machine needs to be replaced and a new equipment needs to be purchased. The need has arisen mainly due to the prodigality usage of the equipment in routine business operations.STEP II Identifying alternatives Once the need for a decision is identified, alternate decisions available should be identified. Pertinent to this case, the alternatives available are the different models of the machine (that of course stick varying functionalities) and the list of pre-selected vendors who sell these machines. Another form of alternative evaluation could have been evaluation of both purchase, rent or not buy at all. However, with the requirements that it caters to, it has become essentially important to buy one as it has a lot of usage in routine operations. Going to a near by shop could have been another way out, which is ruled out due to potential lose out of confidential