Decision Making / Making Decision (Management)

Decision Making / Making Decision is a lecture which is covered during Management Module. This resource is suitable for bachelor and master level students who are studying in business department.

In this management lecture, students will explore the importance of decision-making to managers and learn how to make effective decisions.
Decisions are an essential part of your life, personally and professionally. Each and every day is a series of decisions, from minor to significant, and everything in between. Good decision-making is a skill, and like any skill, it can be learned and improved. So, how can you improve your decision-making skills?

Learning Objectives of this lecture are:

1. Describe the eight steps in the decision-making process.
   • Develop your skill at being creative.
2. Explain the four ways managers make decisions.
3. Classify decisions and decision-making conditions.
4. Describe how biases affect decision making.
   • Know how to recognize when you are using decision-making errors and biases and what to do about it.
5. Identify effective decision-making techniques.

In this file you will find:

• 1 Decision Making / Making Decision Lecture Power Point Presentation
• 1 Guide file how to conduct Lecture
• 1 Test Bank with 125 different questions with full answer description and explanation
• 7 Interesting Discussion Questions and answers to them
• 4 Interesting Exercise related to the topic with all answers to them
• 1 Interesting Case Study with all answers to case study questions
• 1 additional reading resource file related to lecture topic in order to enhance Lecturer/Teacher/Student knowledge
• 1 Folder with relevant useful pictures

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