Management Decision Making Essay

In our habitual life, we make hundreds of decisions. Decisions could be as insignificant selection of clothes and watching TV channels as well as the choice of workplace, university or college at which to pursue an education. Due to the psychological factors, people often spend a disproportionate amount of attention to some decisions, ignoring the value of others. Many decisions are taken without proper systematic deliberation (Hammond, Keeney & Raiffa, 2002, p. 109). However, decision-making in management is a more structured process than in private life. Continue reading

Information Systems and Organizational Departments Essay

In this paper I will present results of my research findings regarding software applications that are available for different organizational departments within a company. I will concentrate on software for such organizational departments, as accounting, human resources and marketing. In the process of my research I have found out that there are plenty of solutions for each department and it is the task of the management of the company to choose the one that best suits the needs of the company, its size, financial capabilities, type of business, etc. Continue reading