Category: Decision Making

Ethical Decision Making: Applying Ethical Principles Abstract In health care, ethical and moral dilemmas often arise. Decision making often requires use of moral values and principles of health care ethics such as autonomy, beneficence, nonmaleficence and justice. Administrators also look for guidance from the American College of Healthcare Executives Code of Ethics which can provide…

The Productive Approaches Of Decision Making In Management Introduction Decision-making is the central responsibility of executives and leaders. This includes the definition of the issue or concern and the awareness of the factors associated with it. This is a rational interpretation of what should be selected and may have an impact on the decision between…

Ethical Leadership And Critical Decision Making Introduction This paper explores the various strategies chosen by multinational oil industries for climate change. The oil business is a standout amongst the most dominant and worldwide business segments today and its exercises and items are specifically connected with rising ozone depleting substance emissions. Understanding its environmental change techniques…

Perception And Decision Making In Work Organisation Introduction What is perception? Perception can be characterized as a perplexing procedure by which individuals select, compose, and translate sensory stimulation into an important and sound image of the world (Davison, Berelson & Steiner, 1964). In a similar vein, perception is tied in with getting, choosing, securing, changing…

Crucial Elements For Rational Decision Making Introduction Decision making is the first and foremost task for any kind of business enterprise whether small scale or large scale business. It is an important part of the management because the correct and accurate decision-making technique lays the foundations for the growth and survival of the business in…

Role Model As An Inspiration In Making Decisions Do we need a role model in our lives? What qualifications should role models have? Having a role model in our lives is very important because they inspire us in making decisions and keeping our spirits up, also, the attitude of a role model influences the people…

Advantages And Limitations Of Rational And Ethical Decision Making Models Introduction Decision making models are the frameworks that allow organisations to understand the issues and take systematic decisions after reviewing the whole situation or scenario. Different businesses can adopt diverse range of decision making models depending upon the objective and the kind of problems they…

Distributed Decision Making As The Main Factor To Smarter Mobility In the context of smarter mobility, decisions need to be made on various different levels: strategic, tactical and operational. The strategic level includes processes and activities for setting long term goals, policy development and visions. At the tactical level decisions are made on projects, funding…

Problems And Challenges Of Decision Making Process In Schlumberger Introduction The oil and gas industry is a company providing the necessary items and services that are required by the international oil and gas sector to explore extract and transport oil and natural gas at the refinery and then finally to the consumer. Schlumberger is the…

Relationship Between A Decision-Making Theory And A Decision-Making Model Decision making is a critical part of the smooth functioning, successes and failures of any organisation; however, the process of arriving at a decision must be precise, so that it will yield the best results (Quain & Seidel 2019). According to Kreitner (1966) Decision making is…