Which of the following is true about decisions and decision making?
A)Managers make decisions only when performing the controlling function.
B)In the process of deciding,all the alternatives are combined to form a final alternative which invariably is the choice made.
C)Organizations only have to consider significant decisions that have a major impact on business.
D)Decision making is the process of choosing the best alternative for reaching objectives.
E)All managerial decisions are of equal significance to the organization.

Question

Quizplus · Accepted Answer

Decision making refers to the process of selecting the best alternative from among the available options to achieve predetermined objectives or goals. Therefore, Option D is the correct answer option. Option A is incorrect because decisions can be made in any phase of management. Option B suggests that decisions are formed by combining all alternatives, which is not always the case because sometimes only a few alternatives may exist, or only one option may be viable. Option C is also incorrect because organizations must consider all decisions, regardless of their magnitude or impact. Option E is incorrect because different decisions can have varying levels of significance for the organization.

Which of the Following Is True About Decisions and Decision