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Decision-Making As A Management Function

Author

Listed:
  • Mato Puseljic

    (University of Applied Sciences Baltazar Zapresic, Republic of Croatia)

  • Ana Skledar

    (University of Applied Sciences Baltazar Zapresic, Republic of Croatia)

  • Ivan Pokupec

    (University of Applied Sciences Baltazar Zapresic, Republic of Croatia)

Abstract

Organizations survive or disappear primarily thanks to the quality of management that leads them. Decision-making is not the only, but the basic function of management that contributes most to the success or failure of the organization. The manager is the one who makes decisions and decision-making is the essence of planning. Planning is the first and most important function of management as a process that determines all other functions: organizing, managing human resources, managing and control. Techniques of decision-making are associated with levels of management and with types of decisions taken at each level of management. Today, we do not have enough time to spend on decision making process, but that does not mean that we can make decisions thoughtless.

Suggested Citation

  • Mato Puseljic & Ana Skledar & Ivan Pokupec, 2015. "Decision-Making As A Management Function," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 11, pages 234-244.
    • Handle: RePEc:osi:journl:v:11:y:2015:p:234-244
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    More about this item

    Keywords

    decision-making; management functions; decisions; organizing; managing human resources; control; managers;
    All these keywords.

    JEL classification:

    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory

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