The Role of Opinions in Decision-making

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The Role of Opinions in Decision-making
M Y Zainudeen, Member
Opinions play a major role in decision making in the absence of sufficient management information and lack of analytic skills.
Although modern management tools emphasize that management information is very important in rational decision making, such decision making is not always possible.
There are instances where decision making is purely based on opinions held by the decision maker. Because on one hand analyzing management information takes a long time, and on the other hand the situation demands a quick decision.
There are occasions in which a serious turn of opinion takes place with a sudden inflow of new information and knowledge. This is possible only for people who spend quite a lot of time in thinking about the subject matter involved, and are looking for new knowledge....Register

Decision-making When There is no Enough Time to Analyze Management Information
Fr. Edgar Calunod, SVD, Member
I do believe in "opinions", but I would like to em...

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First I think opinions are based on our experience...


Questions When Using Other People's Opinions in Decision Making
rilwan, Member
The extent to which opinions by other people are a...

Using Opinions by Other People in Decision Making
Mansur Ikhlas, Member
Opinions are complicated element and influenced by...

Problems with Decision Maker's Own Opinions
Jaap de Jonge, Editor
Even when there is plenty of superb management inf...

Personal Attributes in Decision Making
M Y Zainudeen, Member
I fully agree with you comment Jaap. All what we d...



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