Decision Making and Problem Solving

Decision making and Problem
solving
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Question 1...................................................................................................................................3
Question 2...................................................................................................................................4
Question 3...................................................................................................................................6
Question 4: .................................................................................................................................6
Question 5...................................................................................................................................7
Question 6...................................................................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Decision making and problem solving are some of the essential elements for the success
of business and to perform these tasks , it is necessary to have knowledge of research
methodology. It is a branch of knowledge, which contains various tools for conducting research,
data analysis, searching for alternatives, etc. in this report, related study is performed. Firstly,
hierarchy of an organisation is understood, and required information by each level is studied.
Further study about various topics under this subject is made (Clandinin, Cave and Berendonk,
2017).
MAIN BODY
Question 1
Hierarchy of business decision makers
An organisation operates in a hierarchy which consist four different levels, every level
has different requirements regarding information and every level is making different kinds of
decisions. Following diagram exhibits structure of hierarchy ad also type of information needed
by every level:
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Illustration 1: Hierarchy