2014
DOI: 10.9790/487x-1621171175
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Study and Analysis of Various Decision Making Models in an Organization

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Cited by 9 publications
(5 citation statements)
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“…Robbins and Coulter (2014) stated that the decision-making process involves stages: identify a problem, identify decision criteria, allocate weights to the criteria, develop alternatives, analyse alternatives, select an alternative, implement the alternative, and evaluate decision effectiveness. In connection with that, Verma (2014) conducted research to study different Decision-Making Models, including rational models, normative models, administrative models, political models, and ethical models. The Ethical Decision-Making Model is the most influential model, according to Verma (2014), because ethics in business are the crucial matter within the entire organisation.…”
Section: Background Of Studymentioning
confidence: 99%
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“…Robbins and Coulter (2014) stated that the decision-making process involves stages: identify a problem, identify decision criteria, allocate weights to the criteria, develop alternatives, analyse alternatives, select an alternative, implement the alternative, and evaluate decision effectiveness. In connection with that, Verma (2014) conducted research to study different Decision-Making Models, including rational models, normative models, administrative models, political models, and ethical models. The Ethical Decision-Making Model is the most influential model, according to Verma (2014), because ethics in business are the crucial matter within the entire organisation.…”
Section: Background Of Studymentioning
confidence: 99%
“…In connection with that, Verma (2014) conducted research to study different Decision-Making Models, including rational models, normative models, administrative models, political models, and ethical models. The Ethical Decision-Making Model is the most influential model, according to Verma (2014), because ethics in business are the crucial matter within the entire organisation. Every organisation should set up their ethics code to have transparency, especially regarding financial aspects.…”
Section: Background Of Studymentioning
confidence: 99%
See 1 more Smart Citation
“…In the context of uncertainty and dynamism of business environment, optimizing decisions become a vital factor for any company (Gray & Meister, 2006;Golfarelli & Rizzi, 2008). Lots of company resources are involved in the decision making process and incorrect decisions may lead to the downfall of the organization as such (Verma, 2014). Speaking academically, decision making research has a considerable history with many notable contributions (Nutt, 2011).…”
Section: Introductionmentioning
confidence: 99%
“…Adicionalmente, a obrigatoriedade de interação entre o analista (neste caso o autor da dissertação) e os especialistas participantes do processo de atribuição de pesos aos requisitos e itens da Resolução pode ser considerada como uma vantagem do emprego do método AHP, por permitir que todos os envolvidos entendam o problema da mesma forma (Salomon et al, 1999;Verma, 2014). Para preenchimento dos referidos formulários, deve ser adotada a escala proposta por 1991;, conforme quadro 3.2, a seguir.…”
Section: Visão Geral Do Modelounclassified