IMPORTANCE OF DECISION MAKING IN MODERN MANAGEMENT

Abstract

Abstract - Decision making is a fundamental function of modern management that directly influences the success and efficiency of organizations. In a rapidly changing business environment, managers are required to make timely and effective decisions to achieve organizational goals. This paper examines the concept of decision making, its importance in management, types, process, challenges, and its role in improving organizational performance.

Keywords: Decision Making, Management, Leadership, Organizational Performance, Strategic Decisions.