DECISION-MAKING AS A MANAGEMENT FUNCTION

Mato Puseljic (), Ana Skledar () and Ivan Pokupec ()
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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

Interdisciplinary Management Research, 2015, vol. 11, 234-244

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.

Keywords: decision-making; management functions; decisions; organizing; managing human resources; control; managers (search for similar items in EconPapers)
JEL-codes: C44 M5 M51 (search for similar items in EconPapers)
Date: 2015
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