Managerial Decision Making

Decision making is not as simple as it appears to be, although it may be straightforward

as considering an option and the outcome that is most beneficial for the person or company, it
has more depth and consideration and not just the result. Some decisions are of course easier
than others such as refilling something that is empty or close to empty, same with restocking or
natural decisions involving the body like hunger to eat and thirst to drink, these are called
programmed decisions because its been done before many times and the person already knows
what to do. On the other hand, there is also non-programmed decisions in which this is the
opposite of the programmed one as it handles decisions that are new, without rules and based on
intuition. Effective decision making also has a process, first you need to know the problem then
find our that resources you can and can’t use. Next, you have to know the possible options you
can take and evaluate each. Next you have to choose the best out of all your options and follow it
through. All decisions also carry risk and uncertainty no matter how much information and
preparation one has. That is why decision making is important because it not only affects the
person, but also the people around the person.