Types of decision making

Near about 6.36 billion people in the world and he can never take the same decision always different style to think or handle any situation. The part of determines one's mind upon an opinion or course of action. When any person choose alternative to solve a problem always innovative or news ideas. Totally take new decision or ideas. sometime when person take decision effects or outcomes bad on life and some decision has good effect on life due to fluctuation or change the government policy. He must receive market information like consumer needs, terms & condition of the market. 

Introduction to decision making

Decision making is an indispensable part of life. Near about 6.36 billion people in the world and he can never take the same decision always different style to think or handle any situation. It is based upon factual and value premises. In the point of every entrepreneur, he should be good decision maker. All entrepreneurial function like planning, organizing, controlling, coordinating, staffing, directing are carried on through decision. In every entrepreneur, he is the capability to convert the complex information to simple information and to choose best alternative & take possible decision for business.