Business administration - Program Capstone Essay

Business administration - Program Capstone - Essay ExampleMoreover, a manager must specify objectives and prioritize interests, values, concerns and aspirations. Also a manager, who is aware of both short-term and long-term implications of a decision and have a 360 degree approach, makes better decisions (George, 2000). In order to achieve suited results and better decision devising, a manager must identify the purpose of decision and clarify alone the uncertainties involved. The amount of risk that a situation at hand can tolerate must be carefully evaluated. Multiple ideas must be generated and a manager should not adopt a item perspective, desisting a multidimensional approach of making better decisions. Perhaps the most crucial aspect of making better decisions is reviewing the steps and looking for the implications of it in order to revise them and take corrective actions. In the ground of decision making, assumptions are accepted cause and effect relationships that provid es basis for actions and create useful what if scenarios to simulate opposite realities or possible situations (Facione,2007). However, they can be dangerous when accepted as realities without proper investigations. With respect to assumptions, the menage I worked with had its own perceptions of issues.