The nature and types of managerial decisions

Date:

2020-07-03 03:52:08

Views:

690

Rating:

1Like 0Dislike

Share:

Table of contents:

In the process of making any organization every day there are situations when the Manager needs to choose one option from several possible, in other words make the decision. Since the behavior of the market participants always have a high percentage of uncertainty to the fore the methods of prospective analysis, thanks to which managing  analyzes potential future scenarios and selects the best solution among several.

The Nature and types of managerial decisions cannot be considered without defining the aspects that affect the development of effective management decisions. These aspects include: informational, economic, psychological, mathematical, technical, organizational, logical, legal aspects and many others. In short, the decision-making process involves direct exposure of the subject to the object or the control system to the control subsystem.

The Standard classification includes the following types of managerial decisions: traditional and non-traditional. Traditional decisions are taken on the basis of selection of the solution that occurred earlier. Non-traditional types of managerial decisions – creative and innovative approach to decision-making, the search for new options.

Based on the foregoing, we can conclude that traditional management  solutions are very formalized and can be taken on a particular, previously developed algorithm.  the Manager becomes more effective because the probability of error when deciding repeatedly reduced, and the time spent making saves due to the lack of searching optimal variant. Of course, that for standard situations such managerial decisions take the form of instructions, rules, and regulations.

Recommended

Staff evaluation: system and methods

Staff evaluation: system and methods

Personnel Assessment allows you to identify how competent the employees involved in the enterprise, and it is the performance of their work – the most significant factor affecting the efficiency of the company. To clarify the impact of performa...

How to start your own business: important aspects.

How to start your own business: important aspects.

Many people, tired of working for someone else, are increasingly thinking about how to start your own business. Someone wants to open a salon, someone store, and someone enough and vegetable stalls. Before you throw in the pool with his head, it is i...

business activities. its essence and basic functions

Business activities. its essence and basic functions

The Entrepreneurial activity of the citizen – is undertaken at your own risk and independent activity, which aims to systematically profit through the sale of works, goods, services, use of the property. The citizen engaged in such activities, ...

But not all situations are played out in a specific scenario, there are those to which formal approaches are not applicable. These types of management solutions reveal the potential of a real leader. Most often, the head balances between these two types, solving problems using different methods and principles.

The Contents and types of managerial decisions based on approaches such as system, integration, integrated, dynamic, reproduction, process, administrative, mathematical, marketing, situational, behavioral.

The System approach involves the relationship of the components within the system or object. Integrative approach studying these interactions within the subsystems, between levels and actors. The integrated approach involves the complexity and the diversity of directions of management of their relationship. The dynamic management approach considers the object in its dialectical development, and cause-effect relationships. The reproduction approach is the permanent resumption of production of certain commodities. Process approach is based on the relationship management functions. Administrative approach – regulation and strict adherence to the rules, roles and responsibilities. Marketing approach directs the control system to the consumer. The functional approach considers any need as a set of functions that require satisfaction. The situational approach determines the suitability of a particular method control the specific situation. The essence of the mathematical approach – in the transition to quantitative estimates of the management, using mathematical methods and expert estimation, points and calculations. Behavioral approach increasing the effectiveness of the organization by improving the quality of use of labor resources of the enterprise.


Article in other languages:

ZH: https://www.tostpost.com/zh/business/47314-the-nature-and-types-of-managerial-decisions.html






Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Control as management function

Control as management function

All the management functions are interrelated and may exist separately, they are characterized by the specific nature and content, are carried out using special techniques and methods. Usually distinguish the following groups of f...

How was the development of entrepreneurship in Russia

How was the development of entrepreneurship in Russia

 the Development of entrepreneurship in Russia beginning from the period 1864 – 1917, when regardless of the ruling power and their decrees opened an increasing number of mills and factories, employing millions of peopl...

A wide range of goods is not an indicator of a healthy market

A wide range of goods is not an indicator of a healthy market

Consumer attitudes and preferences in the selection of goods at all times significantly different from the population of the Northern capital from other Russian consumers. For a place on the St. Petersburg market was trying to fig...

Market and Market Mechanism

Market and Market Mechanism

 the Market and the market mechanism represent a self-regulating system of resources, production, exchange and distribution of wealth, which is based on the competitive environment and the interaction of supply and demand, re...

The secrets of growing peppers in a greenhouse

The secrets of growing peppers in a greenhouse

Pepper has a great and incomparable taste. Eating this healthy vegetable, one gets a variety of vitamins, trace elements and minerals necessary for health and Wellness. Peppers stuffed, canned, added to various salads, frozen for ...

Profit and profitability

Profit and profitability

the Main purpose of each commercial enterprise with whom the activities are carried out, is profit. Profit and profitability are some of the most important indicators of its operation  and indicating success or failure. From ...