Ch 1: Basics of Decision Making in Management

About This Chapter

In this chapter, your organization's managers can quickly learn about the basics of decision making. You can assign these useful corporate training lessons to your managerial staff at any time that fits their schedules.

Basics of Decision Making in Management - Chapter Summary

This chapter is designed to give your company's front-line managers an overview of decision-making fundamentals. Assign your managers these simple lessons to help them review:

  • Examples of decision-making
  • Important decision-making skills
  • Certainty, risk and uncertainty in decision making

The chapter comes with plenty of self-assessments that help reinforce the concepts your managers study. If they have any questions about the material, they can easily reach out to our business experts online. The chapter's online format makes studying decision-making easy and convenient.

How It Helps

  • Builds awareness: The chapter helps front-line managers develop a high-level awareness of decision-making concepts and methods in the workplace.
  • Compares various methods: Managers will be able to see the differences between several decision-making strategies and techniques.
  • Boosts decision-making skills: Our short lessons can help your managers quickly improve their abilities to make important work decisions.

Skills Covered

By the end of the chapter, your organization's front-line managers should be able to:

  • Define the concept of decision making
  • Compare types of decision-making methods
  • Recognize the business skills that are needed for effective decision making
  • Contextualize certainty, uncertainty and risk in terms of managerial decision making

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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