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Which of the factors listed below is not a reason for decision making in organizations being a complex process?
- a)People have to make decisions in a historical context
- b)Several stakeholders will have an interest in the decision
- c)Factors in the current context of the organization affect the decision
- d)Modern information systems enable people to evaluate a range of possible outcomes.
Correct answer is option 'D'. Can you explain this answer?
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Which of the factors listed below is not a reason for decision making ...
Reasons for decision making in organizations being a complex process
Historical Context
One of the reasons decision making in organizations is complex is because people have to make decisions in a historical context. This means that past decisions and events can impact current decision making. For example, if a company made a bad decision in the past, it may be hesitant to make a similar decision in the present.
Stakeholders
Another reason decision making in organizations is complex is because several stakeholders will have an interest in the decision. Stakeholders can include employees, shareholders, customers, and the community. Each stakeholder may have different priorities and interests, which can make it difficult to make a decision that satisfies everyone.
Current Context
Factors in the current context of the organization can also affect decision making. For example, economic conditions, technological advancements, and regulatory changes can impact decision making. These factors can create uncertainty and make it difficult to predict the outcomes of different decisions.
Modern Information Systems
Modern information systems can provide valuable information to decision makers, enabling them to evaluate a range of possible outcomes. However, this does not necessarily make decision making less complex. In fact, the abundance of information can sometimes make it more difficult to make a decision. Decision makers must sift through a large amount of data and determine what is relevant to the decision at hand.
Conclusion
In conclusion, decision making in organizations is a complex process due to a variety of factors. While modern information systems can provide valuable information, they do not necessarily make decision making less complex. Decision makers must consider the historical context, the interests of stakeholders, and the current context of the organization when making decisions.
Historical Context
One of the reasons decision making in organizations is complex is because people have to make decisions in a historical context. This means that past decisions and events can impact current decision making. For example, if a company made a bad decision in the past, it may be hesitant to make a similar decision in the present.
Stakeholders
Another reason decision making in organizations is complex is because several stakeholders will have an interest in the decision. Stakeholders can include employees, shareholders, customers, and the community. Each stakeholder may have different priorities and interests, which can make it difficult to make a decision that satisfies everyone.
Current Context
Factors in the current context of the organization can also affect decision making. For example, economic conditions, technological advancements, and regulatory changes can impact decision making. These factors can create uncertainty and make it difficult to predict the outcomes of different decisions.
Modern Information Systems
Modern information systems can provide valuable information to decision makers, enabling them to evaluate a range of possible outcomes. However, this does not necessarily make decision making less complex. In fact, the abundance of information can sometimes make it more difficult to make a decision. Decision makers must sift through a large amount of data and determine what is relevant to the decision at hand.
Conclusion
In conclusion, decision making in organizations is a complex process due to a variety of factors. While modern information systems can provide valuable information, they do not necessarily make decision making less complex. Decision makers must consider the historical context, the interests of stakeholders, and the current context of the organization when making decisions.
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Which of the factors listed below is not a reason for decision making in organizations being a complex process?a)People have to make decisions in a historical contextb)Several stakeholders will have an interest in the decisionc)Factors in the current context of the organization affect the decisiond)Modern information systems enable people to evaluate a range of possible outcomes.Correct answer is option 'D'. Can you explain this answer?
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Which of the factors listed below is not a reason for decision making in organizations being a complex process?a)People have to make decisions in a historical contextb)Several stakeholders will have an interest in the decisionc)Factors in the current context of the organization affect the decisiond)Modern information systems enable people to evaluate a range of possible outcomes.Correct answer is option 'D'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about Which of the factors listed below is not a reason for decision making in organizations being a complex process?a)People have to make decisions in a historical contextb)Several stakeholders will have an interest in the decisionc)Factors in the current context of the organization affect the decisiond)Modern information systems enable people to evaluate a range of possible outcomes.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the factors listed below is not a reason for decision making in organizations being a complex process?a)People have to make decisions in a historical contextb)Several stakeholders will have an interest in the decisionc)Factors in the current context of the organization affect the decisiond)Modern information systems enable people to evaluate a range of possible outcomes.Correct answer is option 'D'. Can you explain this answer?.
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