Decision Making and Problem Solving

Decision Making and
Problem Solving

INTRODUCTION
Problem solving is an important approach which is used to describe the potential
solutions to existing circumstance. A part of this problem analysis is making choices. Problem
solving is a dynamic task, and it would have to be taken on the road to value judgments or
choices. Decision making is an option made with the use of one's evaluation. Problem solving
and decision making both are important term of business to present different tasks effectively. To
sort out different problems in business requires using term of problem solving as well as of
decision making. It is a field of knowledge that includes numerous strategies for conducting
study, analyzing data, looking for options, etc. Similar studies are conducted in this study. First
of all, an organization’s hierarchy is understood, and the knowledge needed by each stage is
examined. Even more research is conducted on different topics within this subject
QUESTION 1
Hierarchy of information based business decision makers
Hierarchy is a way of organizing an organisation between the supreme and inferior parts
of the company using various lines of hierarchy and a vertical connection, or command structure.
Increased concentrations govern the hierarchy's lower concentrations. The Business Information
System strengthens the decision-making process and makes it easier to have the requisite
information and thereby allows to rapidly taking important decisions. This method makes it
easier for businesses to make appropriate decisions in a rather time-consuming and more
productive manner. There are some basic levels for each making decision process and each is
arranged in a structured manner.

Visionaries of the top tier:
 In their mixture of frameworks, companies developed revolutionary techniques and are
inventive.
 Infrastructure comprehensive accessibility to results and analysis from studies
 After the market research to executives make any important decision
Simplified board members for the middle tier
 Any market research-based decisions
 Companies use tried-and - true methodologies that may be acceptable, excluding others.
 Enterprise-wide minimal data and analysis
Reasonable policy makers from the base tier
 The number of assumptions is based on previous observation or experience.
 Decision assisted by indirect search of details
On the base of these information based three levels of decision-making, that the top level appears
stronger for performance and growth. The reasoning here seems to be that actions are made into
account in conjunction with proper analysis at this point, and also the critical variety of