Analyse seven challenges faced by decision makers in a business organisation.

      

Analyse seven challenges faced by decision makers in a business organisation.

  

Answers


Kavungya
1) Intercompany politics.
Politics within the firm may be a burden to decision makers on making appropriate decisions.
2) Risk of decision not sufficiently investigated.
Decision makers may reach a conclusion without fully investigating the effects of the decision
made hence make it difficult for decision makers.
3) Financial aspects.
Most of decision makers may overlook the financial aspects of foregoing or forgetting the other
aspects of organisation such as human resource which is also a key aspect in business
organisation.
4) Fast changing technology environment.
Due to increasing innovations and drastic changes in technology a decision maker may make a
particular decision but with term the decision will not be applicable because of change of
technology hence a burden.
5) Management policies.
This affects decision makers in that a situation may arise that needs instant decision making but
because of the restriction of the management policies it will become difficult for him/her to make
the decision.
6) Competitions in the market.
Different competitors may arise with various strategies that tends to outweigh the capability of
the firm thus is upon decision makers to formulate the strategy that will out do the competitors
which is very critical.
7) Employees resistance.
Decision that has been made by the decision makers the employees may tend to resist on it thus
making it difficult for decision makers.
Kavungya answered the question on May 17, 2019 at 14:32


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