What Are The Types Of Managerial Decisions?

The types of managerial decisions include strategic, tactical, operational, and programmed decisions.

The four R's of decision making are recognize, research, reflect, and respond.

The seven decision making strategies are rational, intuitive, recognition-primed, heuristics, framing, sunk-cost, and satisficing.

The seven types of decision-making are programmed, non-programmed, rational, irrational, intuitive, group, and individual decision-making.

The basic approach to executive decision-making involves gathering relevant information, analyzing the options, weighing the pros and cons, and making a decision based on the available data.

Managers make most decisions based on data, feedback, and their own expertise and judgment.

Major decisions in an office may be made by managers, executives, or a team of decision-makers, depending on the nature of the decision.

Successful executives prioritize their time, delegate effectively, communicate clearly, and stay focused on their goals and objectives.

Examples of executive leadership include setting the vision and direction of the company, inspiring and motivating employees, and making strategic decisions.

Executive level tasks include setting company goals and objectives, developing and implementing strategic plans, managing key personnel, and overseeing the organization's financial performance.