PC1 MODULE 3 OF 5

Question 1

is the fundamental process of
management. Most of the efforts of managers are related to this process.

Answer 1

DECISION MAKING

Question 2

it is a choice between alternatives and it is rarely a choice between right or wrong. it is at best a choice between almost right and probably wrong.

Answer 2

Decision

Question 3

The main task of a manager is not administration. it is the making of policy, the making of the right decision.

Answer 3

manager effective decision making

Question 4

DECISION-MAKING FOCUS

Answer 4

Concentrates on a few critical decisions rather than many.
aims for high-level understanding and identifies constants in situations.
values precise over speed in decision making

Question 5

PRINCIPLE-BASED DECISIONS

Answer 5

Decision should be based on principles and the specific merits of each case

Focuses on effective implementation, recognizing it as the most challenging part of decision-making

Question 6

Effective decisions are made through a systematic process defining clearly the elements in a distinct sequence steps

Answer 6

1. Identify the problem
2. Specify objectives and the decision criteria
3. Develop alternatives
4. Analyze and compare alternatives
5. Select the best alternative
6. Implement the chosen alternative
7. Monitor results to ensure the desired results are achieved

Question 7

A decision to be effective, need to satisfy the boundary
conditions

Answer 7

boundary conditions