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What is Decision Making
Decision making is one of the key managerial functions and therefore applies to all fields and aspects of the organization. Decision Making is the essence of the managers’ job, as related problem solving.

Decision making is one of the key managerial functions and therefore applies to all fields and aspects of the organization: Economy and Finance, Informatics, Quality, Human Resources Management,Logistics and Transportation, Organizational Management, Marketing, Services, Production.

Decision making is the essence of the managers’ job, as related to problem solving.

The actual decision making and problem solving is the subject of several disciplines - cognitive psychology, cognitive science, economics and the economy, decision theory and artificial intelligence.

Related terms and methods:

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Last update: 24.05.2016

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