Characteristics of Decision Making
The definition of decision involves following characteristics:
1 decision is the choice of the best course among alternatives.
2 decision is the end process preceded by deliberation and reasoning.
3 decisions making is a mental process because the final selection is made after thoughtful consideration.
4 decisions involve rationality because through decision an endeavour is made to better one's happiness.
5 decisions are aimed at achieving the objectives of the organization.
6 it also involves the evaluation of the available alternatives because only through critical appraisal one can know the best alternative.
7 it may also be negative and may just be a decision not to be decided.
8 decisions making involves a certain commitment. The commitment may be for short run or long run depending upon the type of decision.
9 decisions relate the means to the end.