Read this essay to learn about Decision-Making in an Organisation. After reading this essay you will learn about:- 1. Meaning of Decision-Making 2. Features of Decision-Making 3. Process 4. Approaches 5. Environment 6. Techniques 7. Models. Contents: Essay on the Meaning of Decision-Making Essay on the Features of Decision-Making Essay on the Process of Decision-Making Essay on the Approaches to [...]
After reading this article you will learn about the merits and limitations of group decision-making. Merits of Group Decision-Making: Group decision-making has the following merits: (a) Pooling of information: Group members collect extensive information and decisions are, therefore, more scientific and accurate. Members pool their knowledge and arrive at decision alternatives which a single individual could not have thought of. [...]
After reading this article you will learn about:- 1. Meaning of Creativity 2. Components of Creativity 3. Process 4. Climate. Meaning of Creativity: Creativity means creating something new. In the context of business, it means creation of new ideas, new method or new product/service. Creativity is the "cognitive process of developing an idea, concept, commodity, or discovery that is viewed [...]